Authorities built eight new wharfs in Yangon within three-year time and the cargo handling process is being carried out with 41 wharfs, according to Myanma Port Authority (MPA). Myanmar coast has 1,385 miles in length and nine ports are built along the coastal area. Yangon port is a major port and handling more than 90 […]
Yoma and Kokubu to enter joint venture with KOSPA
Yoma Strategic Holdings Ltd. and Kokubu Group today welcomed SF Holding Co., Ltd., a technology-led international logistics service provider based in China, as a joint venture partner in KOSPA Limited, subject to the satisfaction of certain conditions, according to a press release. SF Holding will acquire a 25 per cent stake in KOSPA for a […]
Myanmar’s first dry port opens for business
KM Terminal & Logistics Ltd (KM) and Resource Group (RG) officially opened two separate dry port projects in Ywar Thar Gyi, Yangon yesterday. A dry port is an inland intermodal terminal directly connected by road or rail. Freight trains will run from Ywar Thargyi to a second dry port in Myit Nge, Mandalay, which KM […]
India, Myanmar discuss connectivity projects; to ink pact for seamless cargo, traffic movement
India and Myanmar on Friday discussed various projects to enhance bilateral connectivity, besides agreeing to ink a pact for seamless movement of cargo and traffic, an official statement said. Myanmar Minister for Communication and Transport U Thant Sin Maung called on Road Transport, Highways and Shipping Minister Nitin Gadkari here. Both the leaders discussed the […]
Emirates set to launch flights to Phnom Penh
Emirates Airlines will expand its presence in Cambodia by launching a daily passenger flight between Dubai and Phnom Penh, with a stopover in Yangon, as part of the Dubai-based carrier’s push into the region. Launching on July 1, the daily flight will connect Dubai to Phnom Penh via a 90-minute stopover in Yangon, using a […]
Inland Water Cargo Shipping Unpopular
Eighty percent of freights to international destinations are carried via sea routes, 10 percent by air and 10 percent by road, estimated Myanmar International Freight Forwarders’ Association (MIFFA). However, local freight transporting primarily depends on road transportation, said U Ye Win Tun, manager of Inland Water Transport (IWT). “Although inland water transportation is cheap, it […]