well ... I'm no shipping guy, but I know Singapore still does a
lot of transhipment too ... so it shouldn't be much different
really, our efficiency is still a huge advantage, but those people
forgot a lot of geography ... we won't just shrivel up and die if
the kra canal comes to pass, cos entrepot trade simply is not as
big as it used to be, we are still one of the biggest oil
refineries in the world, partly because of our geographical
advantage, those VLCCs and ULCCs won't be able to navigate through
the kra canal, but they'll be able to come up through the sunda
straits and up to singapore ... but if China is smart, they'll
scratch Burma's balls and build an oil pipeline through Burma and
pipe it through out southern china ....
oh well ... it's all fun and games eh ...
