Page 19 - Sin Chanthy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share Rice inventories are at risk of expanding if exports are pressured by high ocean freight rates. Heng Chivoan Cambodia’s export-import challenged by staggering ocean freight rates Thu, 28 January 2021 Global surge in container shipping rates are pressing shippers who have had to absorb 25 to 30 per cent of costs at a time when every penny matters ‘Crazy world,” Song Saran, president of Cambodia Rice Federation (CRF), exclaimed in the company of industry players on the sharp uptick of ocean freight rates. The rates, which have been rising since the second half of 2020, are now five...

Revenues for the state-owned and stock-listed Phnom Penh Autonomous Port (PPAP) topped $29 million last year but slid six per cent from 2019 on account of a pandemic-related slowdown in shipping.

Passenger traffic at Cambodia’s three international airports took an 81.3 per cent nosedive last year from 2019, while cargo traffic dropped 29.9 per cent amid disruption caused by the Covid-19 pandemic, according to an industry insider.

Share Japan’s JICA assists with cross-border logistics Sun, 10 January 2021 The Japanese International Cooperation Agency (JICA) will provide technical assistance to improve the flow of transnational shipments at checkpoints along Cambodia’s borders with Vietnam and Thailand where current facilities and procedures lead to traffic congestion and long delays. Ministry of Public Works and Transport spokesman Wasim Sorya told The Post on January 7 that JICA had initiated a study of cross-border logistics, completing first-phase planning for the project and preliminary consultations with the g...