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
Warehouses in high demand towards year end

Warehouses in high demand towards year end

Retailers have begun to fill their warehouses ahead of end of year peak sales.

Reduce logistics costs, increase import and export capacity

Reduce logistics costs, increase import and export capacity

The Vietnam Association of Logistics Service Enterprises (VLA) has just reported on logistics activities in Vietnam, in which it is worth noting that logistics costs are equivalent to about 20-22% of annual GDP, significantly higher than Thailand (19%), China (18%), Malaysia (13%) and nearly three times higher than countries such as the US, Singapore (8%).

CMA CGM buys New York/New Jersey terminal operations from GCT

CMA CGM buys New York/New Jersey terminal operations from GCT

French carrier’s East Coast move follows 2021 terminal investment in LA

Vietnam Logistics Forum 2022: Finding solutions to develop green logistics

Vietnam Logistics Forum 2022: Finding solutions to develop green logistics

On 26/11/2022, the Ministry of Industry and Trade in collaboration with the City Committee, Hai Phong People's Committee organized the plenary session of the Vietnam Logistics Forum 2022 with the theme "Green Logistics" in person and online. This is an annual event organized by the Ministry of Industry and Trade in collaboration with relevant agencies since 2013.

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.

Automated palletising system stream lines process

Automated palletising system stream lines process

Tectra Automation has successfully designed, supplied, installed and commissioned a turnkey solution that has simplified the palletising process while increasing...

Low imports cause Gasoline shortage

Low imports cause Gasoline shortage

The current partial shortage of gasoline and oil has been caused by wholesalers not importing sufficient amounts, says said Deputy Minister of Industry and Trade Do Thang Hai.

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.

Vietnam Report publishes research on Vietnam's logistics market

Vietnam Report publishes research on Vietnam's logistics market

The ranking of Top 10 prestigious logistics companies in 2022 is built on scientific and objective principles.

What is FCL/LCL?

What is FCL/LCL?

An FCL/LCL contract is a mode of shipment by ocean freight, also called “pier/house”. The charger takes the packages in a container and delivers a cargo which is destined for several different recipients. On arrival to the port destination, the packages are separated. They are then put at the disposal of the different recipients or delivered to them.