Taiwanese shipping giant expands Cambodia operation

Apr 5th at 07:49
05-04-2018 07:49:00+07:00

Taiwanese shipping giant expands Cambodia operation

Taiwan’s largest shipping carrier announced it has opened an office in Cambodia and plans to expand its operations in the Kingdom, further connecting the country to global supply chains.

Evergreen Shipping Services (Cambodia) was launched as a subsidiary of Evergreen Marine Corporation, a Taiwanese shipping giant that accounts for 7 percent of the global vessel fleet capacity, according to a press release from the company.

Beginning on April 25, the company will launch a weekly service stopping at ports in China, Vietnam, Thailand, as well as the coastal town of Sihanoukville. The company plans to utilise two vessels, each capable of carrying 1,618 standard shipping containers.

phnompenh post



NEWS SAME CATEGORY

Truck ban not as painful as feared, shipper says

Since a crackdown on overd and illegal trucks began on February 10, the government has checked nearly 100,000 vehicles, taking more than 1,000 off the road and...

Chinese firm breaks ground on Kratie cassava factory

Hong Kong-based Green Leader Holding Group broke ground on a $20 million cassava processing factory in Kratie province’s Snuol district yesterday, part of the...

Singapore firm to integrate government's permitting, licensing process

Singapore-based Cargo Cloud has secured a contract to integrate the online systems of several government ministries in order to facilitate license and permit...

‘Cartel’ let off hook by ministry

The Agriculture Ministry last week accused slaughterhouses across Cambodia of conspiring to form a cartel and engaging in price fixing while local authorities...

Germany-led meet seeks to get produce to China

Germany’s international development agency (GIZ) held a workshop on Tuesday that promoted Cambodian agricultural exports to China, focusing on the necessary export...

Agriculture Ministry calls out abattoir monopoly

The Ministry of Agriculture published a circular on Thursday accusing the slaughterhouse industry of running a “conspiracy” and “cartel” to fix prices and...

Japan leasing firm enters cluttered local market

New leasing company JACCS Finance (Cambodia) Plc, a subsidiary of the Japan-based consumer credit corporation JACCS Group, began offering Cambodian households loans...

Kampot pepper hit by climate change

Farmers of Kampot pepper have had a rough planting season due to climate change, but the decrease in production is unlikely to seriously affect the market...

Business Insider: Royal University spins plans for silk centre

Despite Cambodia’s cultural and historical ties to silk production, the Kingdom now relies heavily on imports for the production of its finished silk products. The...

Plans take root for cassava processor

A Chinese-based investment firm has announced plans to begin construction on the first of 10 cassava processing plants next month, with a total planned investment...


MOST READ


Back To Top