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New Terminal Construction to Begin with Port Traffic Expected to Rise Shipping

Adani, registered in Myanmar and incorporated in Singapore, will develop a new international port container terminal in Ahlone township, on the Yangon River in Myanmar’s commercial capital, with expectations of increased container traffic in Myanmar in the coming years. Adani Myanmar was granted permission by the Myanmar Investment Commission (MIC) in late April to develop, […]

Myanmar Port Authority to accept a new Tug Boat

A new Tug Boat constructed by Myanmar Shipyards Joint Venture Company will be transferred to Myanmar Port Authority according to Myanmar Port Authority. “The boat has been constructed and it is now on a test run. Soon, we’ll be transferring it to the Myanmar Port Authority,” said an unnamed official from Myanmar Shipyards Joint Venture […]

Yangon-Dala Bridge Construction Stalled

YANGON — The Myanmar Port Authority under the Ministry of Transport and Communications has denied reports that it objected to the construction of a bridge across the Yangon River linking Yangon and Dala. Managing director U Ni Aung of the Myanmar Port Authority (MPA) during a press conference on Monday denied reports that the Korea-Myanmar […]

Asia World Port Terminal bullish about Myanmar economy with long-term investment in 14 new pieces of equipment

Asia World Port Terminal (AWPT), developed, managed and operated by Asia World Port Management Company Limited (AWPM) and one of the leading players delivering efficient and professional port services in Myanmar, has invested in 14 new pieces of port equipment for the long-term. These include 9 new SANY Rubber Tyred Gantry (RTG), 1 Mobile Harbour […]

Asia AVA Gas to build LPG facilities in Yangon

Asia AVA Gas Company has entered into a joint venture with Myanma Petrochemical Enterprise (MPE), which falls under the remit of the Ministry of Electricity and Energy (MOEE) to undertake a project enabling the import, storage and distribution of liquefied petroleum gas (LPG) in Myanmar, Daw Yin Yin Aung, deputy director of MPE, told The […]

External trade rises year-to-date, but border trade stalls

Trade between Myanmar and its international counterparts hit $16.9 billion between April 1 and October 13 in the current fiscal year, government data revealed. That’s an increase of $2.9 billion over the same period in the previous fiscal year. The rise in external trade came despite a substantial drop in business at many of Myanmar’s […]

18 shipping lines provide container handling at Yangon

Eighteen container shipping lines with 51 vessels are providing container-handling services at the container ports in Yangon. Yangon has six container ports – AWPT, HPT, MIP, MITT, BSW and AIPT – with berths for 69 vessels. A total of 51 vessels are currently operating. “Eighteen container shipping lines are currently allowed and there are 51 […]

Myanmar renews SEZ push

Myanmar’s special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government’s agenda. “SEZs promote the transfer of technology, encourage infrastructure development and attract […]

Myanmar to Receive Revenues from China-Myanmar Crude Oil Pipeline

Myanmar will gain financially from the China-Myanmar crude oil pipeline, which began operations in early April after the two countries signed an agreement for the transport of crude oil, said officials. The crude oil transport agreement was signed on April 10 in Beijing during president U Htin Kyaw’s state visit to China. Now, imported crude […]

Fuel Importers Submit Proposal for Deep-Sea Port in Yangon

Representatives of the oil and gas in­dustry have sub­mitted a business propos­al to the government to a build a deep-sea port near Yangon. “We are studying the potential logistics and feasibility of a deep-sea port project 20 miles from Yangon to reduce transportation costs for maritime trade and fuel imports,” Dr Win Myint, Secretary of […]