Myanmar’s oil imports are surging to fuel a fast-growing economy and rebuild rotting infrastructure, creating a small but profitable route for ships making a beeline for the emerging southeast Asian nation from the regional hub of Singapore. Servicing growth that could top 8 percent this year is a clutch of small tankers ferrying gasoil and diesel from Singapore 2,000 kilometers (1,260 miles) north to Myanmar. The country’s sole port, at Yangon, can only handle small vessels. Shipping data in Thomson Reuters Eikon shows that around 20 small tankers with a combined capacity of around 220,000 deadweight tonnes (DWT) are currently shipping refined products into Myanmar, virtually all from Singapore. That’s about twice as many vessels as were on that route around a year ago, according to […]