One of the world's most heavily used sealanes, the Malacca Straits...is to be made safer?
One of the world's most heavily used sealanes, the Malacca Straits...is to be made safer for shipping. Senior Officials of Singapore, Malaysia, and Indonesia began on Thursday (2 March) a two day meeting in Singapore to discuss proposals for a safer navigation scheme.
SYNOPSIS: Delegates to the closed door meeting have been discussing the implementation on a traffic separation scheme worked out by the three participating countries and approved in London last November by the Inter-Governmental Maritime Consultative Organisation.
The separation scheme, which is similar to a one-way system, is designed to keep apart the numerous supertankers which daily ply the 500 mile (800 km) long sealane.
Most affected by any new scheme will be Japan, who use the straits to import all their oil from the Middles East. According to shipping circles, Japan could face an additional oil import bill of more than 100 million US dollars as a result of the scheme.