Potential effects of the Kra Canal on Vietnam’s maritime industry

The Kra Canal is a mega-project that provides a new maritime route that would connect the Gulf of Thailand with the Andaman Sea, linking the Indian and Pacific Oceans. The idea of building the Kra Canal has widely gained attention from policy-makers, legislators, maritime activities, shipping and se...

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Main Author: Phan Van Hung
Format: Article
Language:English
Published: Elsevier 2022-06-01
Series:Transportation Research Interdisciplinary Perspectives
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2590198222000847
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author Phan Van Hung
author_facet Phan Van Hung
author_sort Phan Van Hung
collection DOAJ
description The Kra Canal is a mega-project that provides a new maritime route that would connect the Gulf of Thailand with the Andaman Sea, linking the Indian and Pacific Oceans. The idea of building the Kra Canal has widely gained attention from policy-makers, legislators, maritime activities, shipping and seaport operators due to advantages such as big cost savings, higher levels of safety and security, shortened distance and time compared to the voyage through the Straits of Malacca. This waterway will likely challenge the present maritime business activities in Vietnam. Therefore, this article considers the pros and cons of the Kra Canal project with political, economic, sociological, legal, environmental, maritime security, and safety aspects. Finally, the novel maritime business strategies are proposed to boost and reshape the Vietnam maritime economy.
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spelling doaj.art-2bc125b6cf9f46c4a6c5f817733aa5222022-12-22T03:26:11ZengElsevierTransportation Research Interdisciplinary Perspectives2590-19822022-06-0114100622Potential effects of the Kra Canal on Vietnam’s maritime industryPhan Van Hung0Vietnam Maritime University, Viet NamThe Kra Canal is a mega-project that provides a new maritime route that would connect the Gulf of Thailand with the Andaman Sea, linking the Indian and Pacific Oceans. The idea of building the Kra Canal has widely gained attention from policy-makers, legislators, maritime activities, shipping and seaport operators due to advantages such as big cost savings, higher levels of safety and security, shortened distance and time compared to the voyage through the Straits of Malacca. This waterway will likely challenge the present maritime business activities in Vietnam. Therefore, this article considers the pros and cons of the Kra Canal project with political, economic, sociological, legal, environmental, maritime security, and safety aspects. Finally, the novel maritime business strategies are proposed to boost and reshape the Vietnam maritime economy.http://www.sciencedirect.com/science/article/pii/S2590198222000847New sea routePotential effectThe Kra CanalMaritime IndustryVietnam
spellingShingle Phan Van Hung
Potential effects of the Kra Canal on Vietnam’s maritime industry
Transportation Research Interdisciplinary Perspectives
New sea route
Potential effect
The Kra Canal
Maritime Industry
Vietnam
title Potential effects of the Kra Canal on Vietnam’s maritime industry
title_full Potential effects of the Kra Canal on Vietnam’s maritime industry
title_fullStr Potential effects of the Kra Canal on Vietnam’s maritime industry
title_full_unstemmed Potential effects of the Kra Canal on Vietnam’s maritime industry
title_short Potential effects of the Kra Canal on Vietnam’s maritime industry
title_sort potential effects of the kra canal on vietnam s maritime industry
topic New sea route
Potential effect
The Kra Canal
Maritime Industry
Vietnam
url http://www.sciencedirect.com/science/article/pii/S2590198222000847
work_keys_str_mv AT phanvanhung potentialeffectsofthekracanalonvietnamsmaritimeindustry