Chinese container vessel arrives in Myanmar

YANGON, Feb. 8 (Xinhua) — A container vessel of China Shipping, Asiatic Wave, sailed directly from China without cargo transhipment, berthed at Myanmar Industrial Port in Yangon Sunday. The container ship, which is the first ever in history sailed directly from China, set off from Chinese port cities of Ningbo and Shanghai, arrived Yangon via […]

Unlocking a ‘Sleeping Petroleum Giant’

YANGON — Potential investors at a hotel conference room in Yangon in September were invited to salivate over Myanmar’s geology. By all accounts, the maps and cross-section graphics on display indicate that the country is sitting on vast energy wealth. Although the exact quantities of hydrocarbons are unknown, “it can be envisaged as a sleeping […]