Myanmar exports over one million ton of rice from Yangon ports

Myanmar exported more than one million ton of rice from Yangon ports between 2014-15 FY and 2017-18 FY, according to Myanma Port Authority (MPA).

“Myanmar exported one million ton of rice from Yangon ports within four fiscal years and most of them are exported from Sule port terminal,” said Managing Director Ni Aung from the MPA.

It exported over 160,000 tons of rice in 2014-15 FY, about 41,000 tons of rice in 2015-16 FY, over 195,000 tons of rice in 2016-17 FY and over 630,000 tons of rice in 2017-18 FY respectively.

There are seven jetties in Sule port terminal and four of them are handled between the MPA and a joint venture company. The rest are operated by the MPA alone. The MPA is upgrading the terminal to dock bulk carriers of 300,000 tons deadweight.

Myanmar exported about 1.7 million tons of rice in last fiscal year and about 700,000 of them are sent through Sule terminal.

Myanmar is expecting to export over four million tons of rice from Yangon ports and the MPA is carrying out dredging work to facilitate transportation of cargoes and installed nautical devices in the ports.

Bulk carriers of 300,000 tons deadweight can dock at Yangon port currently.

The Asia World port terminal, Myanma Industrial Port, Ahlone International port terminal, Bo Aung Kyaw wharf and Myanmar International Thilawa Terminal are handling cargo ships docked in Yangon harbour area.

Source : Hellenic Shipping News

To see the original article click link here

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Puma Energy", “MOGE”, “yangon new town”,"MECTEL", "hydropower", etc.