The maritime industry is the backbone of modern businesses and is responsible for transporting over 90 per cent of the world goods. Without maritime transport, the import and export of goods and merchandises on the scale necessary for the modern world would not be possible. With the growing efficiency of shipping as an economical mode of transport and increasing trade liberalisation, seaborne trade expands and prosper while employing millions of people worldwide on land and sea.
The future of the industry certainly looks promising. On a global scale, countries worldwide are concentrating on international trade activities to spur economic growth. In the next 10 – 15 years, world trade is projected to grow significantly, resulting in a doubling of seaborne trade volumes from 10 billion tonnes of cargo annually today to 20 billion tonnes of cargo around 2030. In Malaysia, the growing investment in port and maritime infrastructure is seen as truly positive catalysts that will underpin strong economic growth and a sustainable future. Port Klang and Port of Tanjung Pelepas (PTP), the country's leading container ports, continue to rank among the world’s top 20 container ports. In the long-term, the proposed development of Carey Island Port-Industrial City Project with a capacity of 30 million TEUs (Twenty-Foot Equivalent Unit) will further strengthen the maritime trade activities and transform Malaysia into a regional maritime centre.