Vietnam: A container shipping line between Vietnam and Cambodia has been inaugurated by Newport-Cypress at Phnom Penh Port in Cambodia.
Two vessels, each with a capacity of 128TEU, will operate twice a week in either direction.
Containers are shipped at the Tan Cang – Cai Mep Terminal in southern coastal Ba Ria-Vung Tau Province for onward shipping to the United States and Europe.
Newport-Cypress is a joint venture between Hong Kong-based Sun Cypress Shipping and the local Saigon Newport Corporation.
It was set up last April and currently exploits the container barging service in Cuu Long (Mekong) Delta along with SNP's subsidiaries like Tan Cang – Cat Lai Terminal, Tan Cang – Cai Mep Terminal, and Phnom Penh Autonomous Port (Cambodia).
The new service will help meet the rising demand for cargo transport between Vietnam and Cambodia, said the joint venture in a statement.
Source: VNN
