Logo of Phnom Penh Post newspaper Phnom Penh Post - Capital port signs MoU for container shipping

Capital port signs MoU for container shipping

Capital port signs MoU for container shipping

The Phnom Penh Autonomous Port (PPAP) announced yesterday that it recently signed a memorandum of understanding (MoU) with contractor KTC International in an effort to establish future cooperation between the two entities, according to a filing on the Cambodia Stock Exchange (CSX).

As part of the MoU, the two parties will conduct a feasibility study to discuss an offer of shared shipping container services, with KTC transporting containers from PPAP’s new LM17 container terminal to its clients.

Both PPAP and KTC are also seeking to jointly operate a 2-hectare warehouse within the new LM17 container terminal and to develop a container yard on a 4-hectare plot of land near the Kob Srov Dike in northwestern Phnom Penh.

MOST VIEWED

  • Khmer New Year holidays postponed

    In an effort to halt Covid-19 infections in the Kingdom, Prime Minister Hun Sen has postponed the Khmer New Year holidays scheduled from April 13 to 16. While the people will not have their usual break, nor will there be any public celebrations or gatherings at pagodas,

  • No word on state of emergency

    The National Assembly (NA) said it will postpone all unnecessary meetings in line with guidance from the Ministry of Health and the World Health Organisation (WHO) amid the Covid-19 pandemic. However, it did not say when or how it will debate the “state of emergency”

  • State of emergency draft law set for NA

    A draft law aiming to place the Kingdom in a state of emergency amid the Covid-19 pandemic is set for a debate at the National Assembly (NA) after going through the Council of Ministers’ Standing Committee meeting led by Prime Minister Hun Sen on Tuesday.

  • NA, Senate set for bill on ‘emergency’

    Prime Minister Hun Sen has requested the Senate to convene an extraordinary meeting to review the draft law that aims to put the Kingdom in a state of emergency after the bill reached the National Assembly (NA) on Friday. The draft law, which was approved

  • Tourists can now prolong their stay

    The Ministry of Foreign Affairs and International Cooperation said tourists holding Visa T and arriving in the Kingdom after January 1 will be allowed to prolong their stay until they are able to return home. The decision comes as Cambodia and most countries take measures to

  • Hun Sen, ministers, officials donate salaries in virus fight

    Prime Minister Hun Sen and other senior government officials have decided to donate their salaries to the National Committee for Combating Covid-19 in support of the ongoing battle against the coronavirus. Hun Sen announced in an April 1 letter that because the Covid-19 situation in Cambodia