An important new container terminal in south-east Asia looks likely to be built after Ireland’s Dublin Port Company agreed with the provincial government of Aceh in Indonesia to develop Sabang port off the northern tip of Sumatra in a deal that could cost up to $900m.
Once fully functional, Sabang could present an attractive option as a deep-water trans-shipment centre to anyone seeking to avoid the increasingly congested Malacca Straits, through which some 30 per cent of the world’s shipping passes.
Once fully functional, Sabang could present an attractive option as a deep-water trans-shipment centre to anyone seeking to avoid the increasingly congested Malacca Straits, through which some 30 per cent of the world’s shipping passes.