Malacca Strait is an important waterway in the world, connecting the Indian Ocean and the Pacific Ocean. The Straits of Malacca is located between the Malay Peninsula and Sumatra Island in Indonesia, and about 654.38+million ships pass by each year. Because of its superior geographical position, Singapore provides services such as maintenance, refueling and catering for passing ships, and these services cost money. Therefore, for Singapore, due to its early establishment, various infrastructures are already perfect and can be used. Singapore also has a first-class environment and first-class hygiene, which is also a plus item to attract passing ships to dock. In these respects, Singapore has been ahead of other countries, and other ports need a lot of investment to compete.
Malacca Strait can be said to be the lifeline of Singapore. Seize this geographical advantage, and build Singapore Port with the strength of the whole country. With the development of 100 years, Singapore has the largest container terminal in the world. Malaysia and Indonesia, on both sides of the Malacca Strait, are not strong in economy and lack the strength in this field, such as ship maintenance and cargo handling. These technologies and services are not available in Indonesia and Malaysia at present.
Of course, as an international shipping center, Singapore is fully capable of allowing foreign ships to dock and transship, and has a very perfect legal system. If there is any dispute, it can be settled reasonably. Singapore has inherited the British legal system, which is relatively common in the world, reassuring foreign ships. Therefore, if Singapore loses the Straits of Malacca, it will lose a huge economic pillar.