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Economy

Southeast Asian ports thirst for more seaborne trade

Lack of adequate transport infrastructure crippling region's competitiveness

Ships lie at anchor in front of a refinery on Singapore's Bukom Island.   © Reuters

JAKARTA The world's seaborne trade exceeded 10 billion tons in a single year for the first time in 2015, according to the United Nations Conference on Trade and Development, with about 60% passing through Asia.

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