Global shipping growth at risk from economic gloom, UNCTAD says
  • Trang chủ
  • News
  • Global shipping growth at risk from economic gloom, UNCTAD says

Global shipping growth at risk from economic gloom, UNCTAD says

LONDON: The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in Ukraine and the impact of the pandemic weaken the outlook for trade, U.N. agency UNCTAD said on Tuesday.

The world's largest investment banks expect global economic growth to slow further in 2023 following a year roiled by Russia's invasion of Ukraine soaring inflation.

This compares with estimated growth of 3.2% in 2021 and overall shipment volume of 11 billion tonnes, versus a 3.8% decline in 2020.

For the overall 2023-2027 period, growth is predicted at an annual average of 2.1%, a slower rate than the previous three-decade average of 3.3%, UNCTAD said, adding that "downside risks are weighing heavily on this forecast".

"The recovery in maritime transport and logistics is now at risk from the war in Ukraine, the continued grip of the pandem ..


 
Ý kiến bạn đọc
Chủ đề liên quan
cnl transport logistics news blog
Có thể bạn sẽ quan tâm
Logistics industry held back by poor infrastructure, technology

Logistics industry held back by poor infrastructure, technology

Despite its great potential for growth, poor transport infrastructure and high costs are holding back the logistics industry, insiders said.

Chu Lai port strongly develops bulk import and export services

Chu Lai port strongly develops bulk import and export services

After the pandemic, the wave of supply chain shift to Vietnam is opening up opportunities to develop large production areas across the country, including the Central - Central Highlands, leading to great demand for logistics in this region.

Logistics and fintech combine to solve Africa’s transport challenges

Logistics and fintech combine to solve Africa’s transport challenges

Key to unlocking value chains, especially in the tech start-up space is the ability of large established corporates to work effectively with small agile start-ups.

Long An develops border trade infrastructure

Long An develops border trade infrastructure

Enterprises believe that there should be mechanisms and policies to promote investment in border areas; At the same time, it is necessary to focus on investing in the development of transport infrastructure and smooth connectivity for trade.

Global 3PL logistics growth rate reaches 9%

Global 3PL logistics growth rate reaches 9%

The global third-party logistics (3PL) market size is expected to grow from $900 billion (2021) to $990 billion this year at a 9.4% CAGR, according to Business Research Company.

Opportunities for businesses to increase food exports to Africa

Opportunities for businesses to increase food exports to Africa

Through the implementation of trade promotion activities, most African countries highly appreciate and trust the quality of many food products of Vietnam.

China Southern to list air cargo capacity on Freightos market

China Southern to list air cargo capacity on Freightos market

WebCargo unit penetrates Chinese market in a first for airfreight booking platforms

Develop a set of professional standards for Vietnam's logistics industry

Develop a set of professional standards for Vietnam's logistics industry

According to the Vietnam Logistics Service Enterprises Association (VLA), up to now, logistics enterprises are in great demand, need to be trained, fostered and disseminated knowledge; as well as updating legal information on standards, measurements, quality or tools to improve productivity.

CNL Handled a POWER TRANSFORMER 20/30MVA and OIL-SHELL TR OIL DIALA S4 ZX-I to Brunei.

CNL Handled a POWER TRANSFORMER 20/30MVA and OIL-SHELL TR OIL DIALA S4 ZX-I to Brunei.

In July 2022, CNL's Hanoi branch handled a consignment including a POWER TRANSFORMER 20/30MVA weighing approximately 45 tons, as well as its accompanying equipment, and 31 pallet barrels of OIL-SHELL TR OIL DIALA S4 ZX-I.

Logistics discusses how to respond to fuel price fluctuations

Logistics discusses how to respond to fuel price fluctuations

TTO - In the context of fluctuating fuel prices, escalating prices, logistics enterprises have sat together to discuss solutions and adaptations in this period.