AsiaPorts and Logistics

Adani quits Myanmar

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer, has decided to exit the Myanmar market.

APSEZ announced it is ditching plans to develop Yangon International Terminal. The company has been facing allegations from the US that its dealings with the Southeast Asian nation contravene sanction regulations, something Adani has denied.

In February, a military coup fuelled by allegations of electoral fraud led to the removal and arrest of Myanmar’s civilian leader Aung San Suu Kyi and other senior government leaders.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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