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Myanmar scales back Chinese-backed port project over debt fears

Myanmar has scaled back plans for a Chinese-backed port on its western coast, sharply reducing the cost of the project after concerns it could leave the south-east Asian nation heavily indebted, a top government official and an adviser told Reuters. The Kyaukpyu port is a key part of China’s ambitious Belt and Road initiative, aimed […]

Transport Authority Warns of Dangerous Modifications to Oil Tankers

Oil tankers with illegally-modified tanks will be banned from registering with the Road Transport Administration Department (RTAD) under a new plan aimed at curbing the dangerous practice. The new rules are designed to limit the number of owners undermining the safety of their trucks by stripping down the inside of their tanks to increase the amount of oil they […]

Myanmar Deep-sea port to dock 300,000 tonne oil tankers on Madae Island

China has finished constructing a deep-sea port on Madae Island in Rakhine State, according to officials from the ports authority. The port will dock 300,000 tonne oil tankers as part of the Myanmar-China crude oil pipeline which is still under construction. The port was built in joint venture between China National Petroleum Corporation (CNPC) and […]