Chinese Shipbuilder Eyes Cambodian Market for Expansion

• 22 March 2025
• Local News
• 467 Views

Shanghai Hantang Shipping Co., Ltd. (SHS), a prominent player in the Chinese shipbuilding industry, is set to explore new horizons by exporting ships from Shanghai to the Cambodian market. This strategic move was discussed during a high-level meeting at the company’s headquarters, led by His Excellency Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia.

During the visit, His Excellency Sun Chanthol engaged with Mr. Jason Fan, CEO of SHS, and his team to assess investment opportunities. The Chinese shipbuilder, which specializes in ship construction, intermodal transportation systems, and logistics, expressed strong interest in expanding its footprint in Cambodia.

Mr Fan detailed plans to introduce multi-purpose vessels tailored for the Cambodian market, along with proposals for establishing a joint-stock company and a dedicated shipbuilding facility in the country. This initiative underscores SHS’s commitment to enhancing its investment portfolio in Cambodia’s burgeoning logistics and maritime sectors.

In response to SHS’s interest, His Excellency Sun Chanthol extended an invitation for the CEO and his team to visit Cambodia. This visit aims to foster a deeper understanding of Cambodia’s investment climate, thereby strengthening collaborations in shipping and logistics.

The potential partnership marks a significant step in deepening economic ties between China and Cambodia, paving the way for mutual growth in the maritime industry. As both nations seek to enhance their economic cooperation, Shanghai Hantang Shipping’s ambitions could play a vital role in the development of Cambodia’s maritime infrastructure.

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