Risk management in the strait of Malacca

Abstract

The paper discusses the problem of navigation safety in the Strait of Malacca in the context of the importance it has for the littoral countries and the countries linked by the Strait, whose economy is largely dependent on the regular deliveries of goods transported along this sea route. It analyzes the threats that endanger the traffic in the strait, especially the risk of pirate attacks and environmental accidents resulting from accidents of ships carrying dangerous cargo, then the measures the countries bordering the strait undertake through unilaterally and mutually coordinated actions along with a support of user countries in order to prevent the risk and mitigate the effects of emergencies, as well as forms of the involvement of international organizations in the process of risk management, focusing on the limiting factors of the existing mechanisms of cooperation between littoral countries and other interested actors.

Keywords

• strait of malacca
• security
• risks
• co-operation