ANLY482 AY2017-18T2 Group28 Project Overview
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Project Background
The Straits of Malacca are one of the world’s most important trade corridors and transshipment regions, accounting for one quarter of the world’s transshipments. Furthermore, the ASEAN region is one of the fastest growing marine trade routes, as it includes many countries with developed and developing maritime infrastructure. There are 3 important ports in the Strait of Malacca, Port of Singapore, Port Klang and Port Tanjung Pelepas. Our sponsor, operates port of Singapore, one of the world’s largest ports.
In 2016, it handled 68 million TEUs (Twenty Foot Equivalent Units), thus making it the second busiest port in the world.