Loading ...Indonesia Floats Ship Tax in Malacca Strait as Singapore Defends Free Passage
Indonesia is exploring the possibility of imposing a levy on vessels transiting the strategically vital Strait of Malacca, as the government looks to monetize one of the world’s busiest shipping lanes.
“Indonesia is not a marginal country. We sit along a key global trade and energy route, yet ships passing through the Malacca Strait are not charged,”
The Malacca Strait — bordered by Indonesia, Malaysia, and Singapore — is a critical artery for global trade, linking the Indian and Pacific oceans. It is widely considered a major economic chokepoint, comparable to the Strait of Hormuz, the Suez Canal, and the Panama Canal.
Almost all China Oil shipments by sea pass through the Malacca Strait