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This occasional paper focuses on international shipping in Southeast Asia, reviewing fleet ownership and control in ASEAN and examining the extent of public and private sector ownership in the ASEAN fleets.
Sea transport. Seaports --- Indochine --- Shipping --- Merchant marine --- Mercantile marine --- Marine service --- Marine shipping --- Marine transportation --- Maritime shipping --- Ocean --- Ocean traffic --- Ocean transportation --- Sea transportation --- Shipping industry --- Water transportation --- Communication and traffic --- Transportation --- Economic aspects
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Southeast Asia, located on the Europe-Far East trade route, is one of the busiest shipping region of the world and a major source of seafarers for the international shipping industry. In the context of the growing maritime aspirations of the region and the depressed state of world shipping, a study of the current situation facing seafarers in the region seemed timely.
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Ports around the globe are planning expansions to respond to the growth of containerised maritime trade and to the development needs of their hinterland economies. Following the dip in trade induced by the 2007-2008 financial crisis, global volumes are on the rise again (Figure 1), driven by growth in the emerging economies. Growth in trade will be supported by the WTO Trade Facilitation Agreement signed in Bali in December 2013 and expanding container port capacity is again a pressing issue in many locations. Inadequate container port infrastructure can be a severe logistics bottleneck and a constraint on growth. Efficiency and capacity need to increase in step with demand. At the same time port policy makers and container terminal operators have to match capacity to demand carefully to avoid costly overinvestment, a task complicated by rapid technological change in liner shipping markets with the introduction of larger vessels, rising fuel prices and restructuring through mergers and alliances.
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Ports around the globe are planning expansions to respond to the growth of containerised maritime trade and to the development needs of their hinterland economies. Following the dip in trade induced by the 2007-2008 financial crisis, global volumes are on the rise again (Figure 1), driven by growth in the emerging economies. Growth in trade will be supported by the WTO Trade Facilitation Agreement signed in Bali in December 2013 and expanding container port capacity is again a pressing issue in many locations. Inadequate container port infrastructure can be a severe logistics bottleneck and a constraint on growth. Efficiency and capacity need to increase in step with demand. At the same time port policy makers and container terminal operators have to match capacity to demand carefully to avoid costly overinvestment, a task complicated by rapid technological change in liner shipping markets with the introduction of larger vessels, rising fuel prices and restructuring through mergers and alliances.
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