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Friday, February 15, 2008

World's largest container port hub

This is from the article, The New Silk Road and Ibn Battuta, in The Daily Reckoning by Chris Mayer about shipping.

Shipping companies are actively pursuing new routes. Perhaps through the ice-free Arctic passages, as I've written to you about before. Right now, Singapore is still king. It is the world's largest container port hub. Singapore, sitting in the Strait of Malacca, is the hinge that links Asia's shipping lanes with Europe. (I'd love to get to Singapore sometime in 2008.) Some of the excess may bleed into airfreight. China alone plans 48 new airports over the next decade, to add to its current total of 130. It's been called the "Silk Road in the sky."

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