Logo of Phnom Penh Post newspaper Phnom Penh Post - Sihanoukville port imports container reach-stackers

Sihanoukville port imports container reach-stackers

Content image - Phnom Penh Post
Sihanoukville Autonomous Port (PAS) imported four empty container reach-stackers from Chinese State-owned multinational engineering company Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC), ZPMC said on Monday. Heng Chivoan

Sihanoukville port imports container reach-stackers

Listed publicly-owned port operator Sihanoukville Autonomous Port (PAS) imported four empty container reach-stackers from Chinese State-owned multinational engineering company Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC), ZPMC said on Monday.

A reach-stacker is a power-driven mobile truck used for handling intermodal shipping containers at airports, sea-ports and railway yards.

ZPMC said the reach-stacker arrived at the Kingdom’s sole deep-sea port on July 21.

“The four empty container reach-stackers were successfully delivered to Sihanoukville Port of Cambodia on July 21, indicating the debut of ZPMC’s mobile machinery on the Cambodian market.

“The port is the largest along the southwest coastline and the only modern commercial free zone port,” it said.

A free zone refers to an area in which companies are either untaxed or taxed at a marginal rate to stimulate economic activity.

Minister of Public Works and Transport Sun Chanthol told a press conference in February that, with the financial assistance of the Japanese International Cooperation Agency (Jica), the government is planning to build a new 14.5m-deep container terminal for the port.

“The container terminal will service about 93 per cent of all large vessels travelling in the Asia-Pacific region.

“We will be able to ship directly without having to stop at Singapore or Hong Kong,” he said.

PAS director-general Lou Khim Chhun could not be reached for comment over the import of the reach-stackers.

But he previously told an interview that the new terminal is expected to cost around $203 million.

A ministry report the number of containers handled at the port increased by 17 per cent, reaching a total of 633,099 twenty-foot equivalent units by the end of last year.

Total tonnage handled by the port increased by 22.6 per cent, reaching more than 6.5 million tonnes, while the total number of vessels passing through rose by 15.5 per cent to 1,661.

PAS recorded $83.48 million in revenue last year, up 21.17 per cent year-on-year, and $20.34 million in operating profit, up 27 per cent, according to its filing to the Cambodia Securities Exchange (CSX).

MOST VIEWED

  • Without shoes or a helmet, a young cyclist steals the show

    Pech Theara gripped the curved handlebars of his rusty old bike, planted his bare feet on its pedals and stormed as fast as he could towards the finish line. The odds were against him as the 13-year-old faced off against kids with nicer bikes at

  • Phnom Penh-Sihanoukville expressway on schedule

    The construction of the more than $1.9 billion Phnom Penh-Sihanoukville Expressway has not been delayed despite the Covid-19 pandemic, with more than 26 per cent of the project completed and expected to finish in about two years, according to Ministry of Public Works and Transport secretary of

  • Singapore group seeks $14M in damages from PPSP over ‘breach of contract’

    Singapore-based Asiatic Group (Holdings) Ltd is seeking a minimum of $14.4 million relief from Cambodia Securities Exchange (CSX)-listed Phnom Penh Special Economic Zone Plc (PPSP) for allegedly breaching a power plant joint venture (JV) agreement. Asiatic Group’s wholly-owned Colben System Pte Ltd and 95 per

  • Over 110 garment factories close

    A government official said on November 22 that at least 110 garment factories had closed in the first nine months of the year and left more than 55,000 workers without jobs – but union leaders worry those numbers could be much higher. Ministry of Labour and Vocational Training undersecretary

  • PM dispels lockdown rumours, gifts masks

    Prime Minister Hun Sen on November 12 denied rumours that he will lock down the country in response to increased Covid-19 fears, referring to them as propaganda aimed at destabilising the country. In a Facebook post, he said some people had spread rumours that the government

  • SilkAir adds flight to Phnom Penh schedule

    Silkair (Singapore) Pte Ltd is increasing its flight frequency between Phnom Penh and Singapore with a third weekly flight on Saturdays, according to Cambodia Airports’ Facebook page. The other flights offered are on Tuesdays and Sundays, with an estimated Phnom Penh arrival time at 5:35pm