News / Myanmar casts its net for a global terminal operator as port expands

Myanmar’s largest container port is in the process of bringing on a global terminal operator as majority shareholder.

One of four inner-city terminals on Yangon River, Myanmar Industrial Port (MIP) handles 400,000 teu a year – about 40% of the country’s container throughput.

According to chief financial officer Chris O’Connor, MIP is reviewing bids from several large terminal operators, with the goal of securing a strategic partner to help speed up box handling at the congested facility.

“We’re working with Drewry who are helping us ...