One of world’s biggest superyachts ‘built using illegal Burmese timber’

A German shipyard used illegally-sourced teak from Myanmar to construct a superyacht for a Russian billionaire, a public prosecutor has claimed. Nobiskrug shipyard on the river Eider used wood supplied by a Burmese government-controlled firm which was sanctioned earlier this year for exporting teak from threatened forests, lawyer for the state Axel Bieler said. Timber […]

Timber export volumes may fall when new regulation introduced

Export volumes may fall when new regulation introduced The MyanmarTimes has reported that a spokesperson from the Ministry of Natural Resources and Environmental Conservation, U Win Zaw, has said the volume of timber that can be exported is likely to decline beginning May this year. The news item says “Only timber cut from logs sold […]

Gov’t Invites Tender for Log Sale

Myanmar has invited open tender for sale of teak and hardwood logs and sawn timber in Yangon, setting the date of the sale for Friday and next Monday, according to an announcement of the Myanmar Timber Enterprise (MTE). The forest products to be tendered include more than 1,240 tonnes of teak logs, 410 tonnes of […]