Capitalising on container shipping and trade in the Strait of Malacca: the littoral states Perspective

摘要

The Strait of Malacca (SOM) is a sea lane of enormous strategic importance. Its critical role as a global trade passageway is underscored by the fact that it facilitates a quarter of the world's seaborne trade and a third of its crude oil transportation. SOM provides a critical passage that facilitates trade between the west and the east. It sits between the oil producing regions of the Arabian Gulf and the huge consumer markets of East and South Asia, and the world's most dynamic economies in the "Far East", which includes China, the world's most populous nation and now its second largest economy.