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This paper analyzes the vulnerability of the Straits of Malacca and Singapore (SoMS) to maritime risks. The impacts of the risk events on international cargo flows, transshipment at major ports, and domestic economies are simulated with an international cargo traffic simulation model and a spatial general equilibrium model. Both container cargos and dry/liquid cargos are covered. Three cases are analyzed: sea-lane blockade at the SoMS, stop of the service at Singapore Port, and increase ofdoi:10.11175/easts.10.2177 fatcat:242vjaxwe5h6zaeewf4jc4nh7y