News

Ports: Strong growth in 2019

Cambodia’s two key listed autonomous ports reported strong business performance last year before the ongoing Covid-19 pandemic which is currently ravaging the transport sector. ...

May Kunmakara
https://www.phnompenhpost.com/business/ports-strong-growth-2019

Cruise tourists on rise, but benefits are scant

While international tourist arrivals by cruise ship have increased every year at Sihanoukville Autonomous Port (SAP), Cambodia does not appear to be benefitting much from such visitors, the Ministry of Tourism has said. ...

Hin Pisei
https://www.phnompenhpost.com/business/cruise-tourists-rise-benefits-are-scant

Families resolve land dispute with port official

Families in Preah Sihanouk province’s Muoy commune are withdrawing their request for the Land Management Ministry to intervene in a land dispute with Sihanoukville Autonomous Port official Chan Kang as the matter has been resolved. ...

Pech Sotheary
https://www.khmertimeskh.com/50519332/families-resolve-land-dispute-with-port-official/

Port IPO opens to subscribers

Subscription for the initial public offering of Sihanoukville Autonomous Port (SAP) opened yesterday, with its underwriter predicting a strong investor response following an oversubscribed bookbuilding exercise late last month. ...

Cam McGrath
http://www.phnompenhpost.com/business/port-ipo-opens-subscribers

Port operator’s IPO share price set near high tide mark

Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. ...

Cam McGrath
http://www.phnompenhpost.com/business/port-operators-ipo-share-price-set-near-high-tide-mark

Port unveils $200m expansion

Sihanoukville Autonomous Port (SAP) is to build a $200 million container terminal as part of an expansion project due to be completed by 2022. ...

Sok Chan
http://www.khmertimeskh.com/news/38014/port-unveils--200m-expansion/

Sihanoukville port announces bookbuild and IPO date

The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31, the company’s sole underwriter said ...

Hor Kimsay
http://www.phnompenhpost.com/business/sihanoukville-port-announces-bookbuild-and-ipo-date

Seaport operator cruises toward IPO

The state-owned enterprise that operates Cambodia’s only deep-sea port is aiming to raise $27 million by floating a 25 percent stake on the Kingdom’s stock market, a company executive said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/seaport-operator-cruises-toward-ipo

New listing soon on CSX

Sihanoukville Autonomous Port (SAP) is edging closer to be listed on Cambodia’s burgeoning stock exchange after five years of delays. The state-owned enterprise will start a formal process of studying investor demand by April, to decide how much shares will cost when the company makes its ...

Chea Vannak and May Kunmakara
http://www.khmertimeskh.com/news/36832/new-listing-soon-on-csx/

Slowdown in port container traffic

The Kingdom’s two main ports reported markedly slower growth in container traffic last year due to a fall in import traffic, although exports of garments and agricultural products continued to rise, according to newly released port data. ...

Hor Kimsay
http://www.phnompenhpost.com/business/slowdown-port-container-traffic

More than 600kg of ivory seized

More than 600 kilograms of ivory were seized on Friday at Sihanoukville Autonomous Port, but the provincial court has yet to receive a complaint about the case from customs officials, a provincial prosecutor told Khmer Times yesterday. ...

San Bunsim
http://www.khmertimeskh.com/news/28163/more-than-600kg-of-ivory-seized/

Sihanoukville cargo rises

Sihanoukville Autonomous Port (SAP), the Kingdom’s largest maritime container hub, reported a six percent increase in cargo shipments in the first six months of the year, while tonnage rose by 10 percent in the same period. ...

Chea Vannak
http://www.khmertimeskh.com/news/27958/sihanoukville-cargo-rises/

South Korean cargo line aims to double shipments

The volume of goods shipped has grown steadily in the three months since South Korean sea shipping line Hyundai Merchant Marine began calling at Sihanoukville port, and cargo sizes are expected to double in the coming month, a local company representative said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/south-korean-cargo-line-aims-double-shipments

Tycoon looks to expand and deepen private Sihanoukville seaport

Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the country’s principal port in Sihanoukville.   ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/tycoon-looks-expand-and-deepen-private-sihanoukville-seaport

Plans afoot for new $100m terminal at Sihanoukville deep sea port

The government will ask for more than $100 million in concessional loans from the Japanese government to begin building a new container terminal inside Sihanoukville Autonomous Port (SAP) early next year to handle the surging volume of containers passing through the port. ...

May Kunmakara
http://www.khmertimeskh.com/news/24542/plans-afoot-for-new--100m-terminal-at-sihanoukville-deep-sea-port/

Firms says transport fee cuts not deep enough

Officially sanctioned reductions in port container fees will have little impact on the Kingdom’s trade competitiveness as deeply engrained problems in trucking and railways, as well as high custom fees, remain in place, stakeholders in the transport sector said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/firms-say-transport-fee-cuts-not-deep-enough

Port cargo traffic rises on swelling economy

Container traffic at Sihanoukville Autonomous Port (SAP), which operates the country’s only deep-sea port, increased by almost 10 per cent during the first quarter of the year, compared to a year earlier, while tonnage rose by 11.5 per cent, a company official said yesterday. ...

Sor Chandara
http://www.phnompenhpost.com/business/port-cargo-traffic-rises-swelling-economy

Cargo giants call on Sihanoukville port

As Cambodia’s sole deep-sea port in Sihanoukville looks to increase its presence on global shipping routes, the decision by two major Chinese shipping companies six months ago to call at the port has seen mixed results, with one firm already dropping out due to low ...

Sor Chandara
http://www.phnompenhpost.com/business/cargo-giants-call-sihanoukville-port

Positive growth has ports upbeat

Cambodia’s two international ports – the Phnom Penh Autonomous Port (PPAP) and Sihanoukville Autonomous Port (SAP) – yesterday reported increases in container traffic last year, with the latter looking to go public this year in a bid to fund an expansion plan. ...

Sor Chandara
http://www.phnompenhpost.com/business/positive-growth-has-ports-upbeat

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