23 Oct 2013
Clarification on the Myanmar teak export ban
In an article recently published in Superyacht Business magazine it was reported that there was to be a total ban on teak exports from Myanmar. The magazine stated that; “A ban on virgin teak wood due to come into force on April 1, 2014 in Myanmar (formerly Burma) means that the luxury yacht industry may have to find alternatives to teak decking.” SuperyachtNews.com has been informed that, contrary to this information, it will only be logs that will be banned from export.
As a result of the misinformation, there is allegedly some confusion circulating around the superyacht industry surrounding the upcoming ban in Myanmar. Bob Steber, managing director at Ginnacle Import Export Pte. Ltd. approached SuperyachtNews.com to clarify the misunderstanding after recently returning from a few days in Myanmar where he discussed the impending teak ban with the relevant authorities.
The export of processed teak, Steber upholds, will not be stopped and teak such as sawn timber, veneer, yacht decking, interior flooring and furniture parts will still be available.
Whilst this may be a less restrictive interpretation than some originally thought, the ban still may not be without impact on the yachting industry. “Processed teak may not be as readily available as when large quantities of logs were cut outside Burma,” Steber adds, “Because many sawmills in Burma have faced several years of hardship from the sanctions imposed by the USA and EU governments. It’s almost certain that prices will escalate because lower volumes will be available.”
In a seminar held in Myanmar on the EU Timber Regulation and wider EU market requirements, U Win Tun, Minister for Environmental Conservation and Forestry confirmed this reason for the ban. “In the past, we couldn’t export finished products for various reasons,” Win Tun stated. “But now we will try to export [finished] products and we will halt logs exports.”
Add a comment
Other Business News
After an extraordinary turn of events the Superyacht Owner’s VIP lounge returns to its traditional home. Make sure your name is on the guest list More
As concepts arrive on our desk in the run up to Monaco, we look at the line between inspiration and PR More
Thus far 2016 has seen eight serious incidents that have resulted in the loss of superyachts, nearly five more than the average numbers of yacht fires between 2010 and 2015. More
We delivered €60,000 of prizes to the crew of motoryacht Secret, the winner of The Crew Report's Superyacht Golden Ticket survey. More
Jets Vacuum AS
Jets Vacuum has for over 30 years been the leading innovator in vacuum sanitation technology. With over 11,000 Jets systems in operation on all types of ships, Jets are known for high quality, flexible cost efficient solutions backed up by first class world wide service
ATLAS MARINE SYSTEMS
Atlas Marine Systems, the world leader in the design of marine electrical power systems, offers a full range of engineering services necessary to define the onboard electrical distribution system or simply the application of the Atlas power conversion products.
WREDE Consulting is an independent paint consultant and paint surveyor company who has worked for most of the 200 largest yachts worldwide in coating, paintwork and equipment areas. WREDE Consulting engages in quality management and objective quality assessment for the coating of mega- and superyachts. www.wrede-consulting.com
ABB Marine and Ports
ABB is a leading supplier of electrical power and propulsion systems for ships. We provide innovative, safe and environmentally-friendly solutions and qualified services worldwide. Our AzipodÂ® propulsion has proven its efficiency and reliability on yacht vessels with its ultimate silent and ecological solution.
Superyacht Tenders & Toys
Superyacht Tenders & Toys have a high level of expertise in providing new build and custom tenders, chase boats, RIBs & all popular yacht toys. With an unrivalled global service network, maintaining a personal & bespoke service, wherever you are in the world, Superyacht Tenders & Toys can help.
Integrated Navigation Systems based on state-of-the-art technology and decades of experience in the superyacht industry. Ultimate knowledge and flexibility in system integration. Dedicated customer care throughout the whole project and beyond.
Marlink offers seasonal, flexible contracts to match regional sailing requirements. Through our dedicated account managers & customer services, we develop personal relationships with customers & drive innovations to develop digital solutions & smart applications that take you beyond just connectivity.
ASEA POWER SYSTEMS
ASEA POWER SYSTEMS is the Marine Industry Leader for Shore Power Conversion equipment ranging in power from 8kVA - 1000kVa.