Kra canal affect Singapore Port

[Mustank]

Accoring to Aussie Herald Sun, the news came out from Oriental Daily in Hong Kong, a tabloid newspaper.

 

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China’s ambassador to Thailand has denied any official involvement in a project to construct a canal through the Malay peninsula linking the South China Sea and the Andaman Sea.

 

Earlier a report in the Hong Kong-based Oriental Daily claimed that Chinese and Thai officials had signed a memorandum of understanding (MOU) in Guangzhou for the ambitious project.

 

 

But according to a report on the website of state newspaper China Daily, China’s ambassador to Thailand says the Chinese government is not involved in any specific research and cooperation on the project.

 

http://www.heraldsun.com.au/business/breaking-news/china-thailand-to-build-strategic-canal/story-fnn9c0hb-1227359979272

 

 

anything is possible

maybe blackops one?

笑里藏刀？

[Rayleigh]

The cost of the project is US$21B!!! Whats the ROI? 50 years?

[Fcw75]

The cost of the project is US$21B!!! Whats the ROI? 50 years?

 

Money is not an issue to China.

 

Their thinking is You are either with me or against me, My way or the highway.

 

That's why LHL also have to bend over for them.

Edited May 19, 2015 by Fcw75

[Kusje]

US$21B is small change. China's GDP is more than $9T.

 

 

That's right. More importantly, this will be about national security for them.

 

As comparison, sg spends 10 bil SGD per year on defence.

Edited May 19, 2015 by Kusje

[Lala81]

This is no mean feat if the canal is built. 102km. Only china and Japan in Asia that have such pockets and political will to get this done.

[Sabian]

Will the financier call the shots at the new canal?

[RadX]

u all kena snook lah

 

 

Thailand denies Kra Canal deal

Thai government officials have denied media reports that Bangkok has signed an agreement with Beijing to construct a shipping canal through the Kra Isthmus that could allow ships to bypass the Straits of Malacca.

• By Panu Wongcha-um, Channel NewsAsia
• POSTED: 19 May 2015 16:39
• UPDATED: 19 May 2015 17:55

• PHOTOS

A boat travels along a canal in Thailand. (Photo: Pornchai Kittiwongsakul/AFP)

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BANGKOK: Senior Thai officials on Tuesday (May 19) denied reports that Thailand has signed an agreement with China to develop a shipping canal through the Kra Isthmus, south of Thailand.

Media reports emanating from China suggest the Thai and Chinese governments have made an agreement in Guangzhou on a canal through the narrowest part of the Malay Peninsula in southern Thailand.

If realised, the project would allow ships from the Indian Ocean to access the Gulf of Thailand, bypassing the congested Straits of Malacca.

According to the news reports, the Kra Canal project will take a decade to complete and will incur a cost of US$28 billion. However, a Thai Transport Ministry official said the project is not in the pipeline. The Ministry of Foreign Affairs also stated there has been no agreement between the Thai and Chinese governments on this matter.

According to Dr Panitan Wattanayagorn, security advisor to Deputy Prime Minister Prawit Wongsuwan, the reports from China might have been a result of a misunderstanding.

The Kra Canal Committee in Thailand comprises businessmen and former officials who conduct studies on the feasibility of the project. However, none of the governments have officially initiated the scheme.

Although several Thai leaders since the 1930s have suggested the Kra Canal project as an alternative shipping lane to the Straits of Malacca, linking the Indian Ocean with the Gulf of Thailand, the plan has never materialised due to its enormous cost and possible damage to the communities as well as environment in southern Thailand.

- CNA/pp

[Sabian]

That's right. More importantly, this will be about national security for them.

 

As comparison, sg spends 10 bil SGD per year on defence.

 

How does the Kra Canal improve the national security for China?

 

Even if they have the cash to splash, they still need to be sure there aren't anything better to do with 20B.

[2BDriver]

Alamak There goes my Indian Ocean and South China Sea fishing spot

[Sabian]

u all kena snook lah

 

 

Thailand denies Kra Canal deal

Thai government officials have denied media reports that Bangkok has signed an agreement with Beijing to construct a shipping canal through the Kra Isthmus that could allow ships to bypass the Straits of Malacca.

• By Panu Wongcha-um, Channel NewsAsia
• POSTED: 19 May 2015 16:39
• UPDATED: 19 May 2015 17:55

• PHOTOS

A boat travels along a canal in Thailand. (Photo: Pornchai Kittiwongsakul/AFP)

• ENLARGE
• CAPTION

• 339
• • 40
  • • 40
    • • Email
      • • More

• • A
  • A

BANGKOK: Senior Thai officials on Tuesday (May 19) denied reports that Thailand has signed an agreement with China to develop a shipping canal through the Kra Isthmus, south of Thailand.

Media reports emanating from China suggest the Thai and Chinese governments have made an agreement in Guangzhou on a canal through the narrowest part of the Malay Peninsula in southern Thailand.

If realised, the project would allow ships from the Indian Ocean to access the Gulf of Thailand, bypassing the congested Straits of Malacca.

According to the news reports, the Kra Canal project will take a decade to complete and will incur a cost of US$28 billion. However, a Thai Transport Ministry official said the project is not in the pipeline. The Ministry of Foreign Affairs also stated there has been no agreement between the Thai and Chinese governments on this matter.

According to Dr Panitan Wattanayagorn, security advisor to Deputy Prime Minister Prawit Wongsuwan, the reports from China might have been a result of a misunderstanding.

 

The Kra Canal Committee in Thailand comprises businessmen and former officials who conduct studies on the feasibility of the project. However, none of the governments have officially initiated the scheme.

Although several Thai leaders since the 1930s have suggested the Kra Canal project as an alternative shipping lane to the Straits of Malacca, linking the Indian Ocean with the Gulf of Thailand, the plan has never materialised due to its enormous cost and possible damage to the communities as well as environment in southern Thailand.

- CNA/pp

 

Now it is $28B??? This shit just get better and better, doesn't it?

 

Panama Canal and Suez Canal had more reason going for them to be built than Kra.

 

It is a real pain in the ass to sail round Cape Horn and Cape of Good Hope compared to the Malacca Straits and South China Sea.

 

Only the shipping lines will be happy as they save on fuel costs. Did they pledge to reduce freight rates in line with fuel savings they enjoy? Heck, even CDG, SBS and SMRT know better.

[Sturtles]

Accoring to Aussie Herald Sun, the news came out from Oriental Daily in Hong Kong, a tabloid newspaper.

 

--------

China’s ambassador to Thailand has denied any official involvement in a project to construct a canal through the Malay peninsula linking the South China Sea and the Andaman Sea.

 

Earlier a report in the Hong Kong-based Oriental Daily claimed that Chinese and Thai officials had signed a memorandum of understanding (MOU) in Guangzhou for the ambitious project.

 

 

But according to a report on the website of state newspaper China Daily, China’s ambassador to Thailand says the Chinese government is not involved in any specific research and cooperation on the project.

 

http://www.heraldsun.com.au/business/breaking-news/china-thailand-to-build-strategic-canal/story-fnn9c0hb-1227359979272

 

 

 

A possibility is a simple sounding-board to get a feel of the reaction from the world, via grapevine, before deciding the appropriate time to make the decision.

 

Afterall, little responsibility to be taken for info distributed through such network

 

Interesting to see how things develop in my lifetime..

[Civic2000]

Chinese government not involved in Kra Canal MOU: foreign ministry

Source:Xinhua Published: 2015-5-19 19:10:11

 

A Chinese Foreign Ministry spokesperson on Tuesday said the Chinese government has no involvement in an MOU for the Kra Isthmus Canal project in Thailand.

According to media reports, enterprises from Thailand and China signed a Memorandum of Understanding (MOU) recently in Guangzhou, capital of south China's Guangdong Province, to jointly cut a shipping passage across the Kra Isthmus in southern Thailand.

 

"We have seen the relevant reports, but I didn't hear that the Chinese government has any plan to participate in the project," spokesperson Hong Lei told a daily news briefing.

[Kusje]

 

How does the Kra Canal improve the national security for China?

 

Even if they have the cash to splash, they still need to be sure there aren't anything better to do with 20B.

 

Some of the earlier articles stated that china imports her oil mainly from middle east and the VLCCs have to travel past Singapore where there is strong US naval presence. Cutting past via Thailand will limit the exposure to this area of US influence and also save time+money as the distance is less.

 

Not to mention how it will give China effective control over what will then be a busy trade route and they can effectively strangle Vietnam and all the other "non-compliant" countries from trading if there is a need. Vietnam's exports will have to travel via longer route and be economically uncompetitive.

[Voodooman]

The port business contribute 6.5% of Singapore GDP annually. It hurts but I don't think that it will bring the whole economy down...

Bunkering, ship chandling, ship repairs. shipping hub.... I think it is more than 6.5%.

 

This is old story, making the rounds for years. If Thaksin is still PM, maybe. Now I think must wait another 20 years but it will come some day.

[Evillusion]

Alamak There goes my Indian Ocean and South China Sea fishing spot

dont worry lar......if the news is true you will get to fish many more prc xmm....😂😂😂.....remember it also smells like fish.....hahaha!

Bunkering, ship chandling, ship repairs. shipping hub.... I think it is more than 6.5%.

 

This is old story, making the rounds for years. If Thaksin is still PM, maybe. Now I think must wait another 20 years but it will come some day.

one more thing...if Singapore is no longer a shipping hub the manufacturing industries will most likely stop using Singapore as a manufacturing hub.....maybe its not a bad idea opening more casinos.....laundry hub!

[Wishcumstrue]

u all kena snook lah

 

 

Thailand denies Kra Canal deal

Thai government officials have denied media reports that Bangkok has signed an agreement with Beijing to construct a shipping canal through the Kra Isthmus that could allow ships to bypass the Straits of Malacca.

Uncle uncle, this isn't news at all !

 

Haven you noticed the MOU signing were done by "private" enterprises and individuals, not represented by government officials ?

 

This is like a carbon copy of another canal project when a private coy offered to build and finance another huge canal project in Central America.

 

If you understand why the receipient country and Chinese governments are so eager not to been seen having direct hands in that 260km long Nicaragua Grand Canal project, you will understand why the same logical applies to the Kra Canal project.

 

This is about geopolitical senstivity.

 

BTW, the Nicaraguan project, which had began in Dec 2014, is run by a Hong Kong-based company headed by, yes, a billonaire Chinese businessman, not a goverment officai hor.

 

 

[Wishcumstrue]

Chinese government not involved in Kra Canal MOU: foreign ministry

Source:Xinhua Published: 2015-5-19 19:10:11

 

A Chinese Foreign Ministry spokesperson on Tuesday said the Chinese government has no involvement in an MOU for the Kra Isthmus Canal project in Thailand.

According to media reports, enterprises from Thailand and China signed a Memorandum of Understanding (MOU) recently in Guangzhou, capital of south China's Guangdong Province, to jointly cut a shipping passage across the Kra Isthmus in southern Thailand.

 

"We have seen the relevant reports, but I didn't hear that the Chinese government has any plan to participate in the project," spokesperson Hong Lei told a daily news briefing.

 

 

You know, Hong Lei also said the same thing when asked about the Nicaragua project in Jan, less than a month after work started on the carnal.

 

 

Reuters (7 Jan 2015)

http://www.reuters.com/article/2015/01/07/us-nicaragua-canal-idUSKBN0KG01L20150107

 

China's Foreign Ministry spokesman Hong Lei told a regular press briefing on Wednesday that the government requires Chinese firms to abide by local laws when operating abroad, but dismissed any connection to the canal project.

 

"This project is the action of the relevant company's own initiative. The Chinese government has not been involved," Hong said.

[Fcw75]

There's no smoke without fire. It will happen eventually.