PPAP’s Container Throughput Falls 26% in January

Latest data by the state-owned entity low performance in business and service segments for the port in the first month of the year
Phnom Penh Autonomous Port (PPAP). Kiripost/Siv Channa
Phnom Penh Autonomous Port (PPAP). Kiripost/Siv Channa

Container throughput for Phnom Penh Autonomous Port (PPAP) fell 25.5 percent year-on-year (YoY) to 27,546 TEUs (twenty-foot equivalent units) in January this year from 36,967 TEUs.

The port’s cargoes and gas fuel tonnage also slipped 11.5 percent to 322,616 tonnes from 364,332 tonnes in the corresponding period last year, according to its filing on its business outcome with Cambodia Securities Exchange (CSX).

Similarly, cargo vessels calling on the port decreased 17 percent to 319 vessels, however, the number of passenger boats and passengers rose to 60 boats and 2,087 persons from zero, respectively, last year.

At closing, the counter dipped 0.67 percent to settle at 14,900 riel for a full market capitalization of 1.7 trillion riel (approximately $416.2 million).