Seatrade Maritime News · Aug 25, 2026
The funding of navigational aids for one of the world’s busiest waterways is part of the Co-operative Mechanism for the Straits of Malacca and Singapore
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The Indian Ocean–Pacific corridor and the busiest oil chokepoint on earth by volume. It narrows to about 1.5 nautical miles at the Phillips Channel near Singapore, which is also the world's largest bunkering port.
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