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 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.

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.

Hanoi establishes Logistics Association

Hanoi establishes Logistics Association

On 12/11, Hanoi Logistics Association held the first Congress for the term 2022-2025.

Laos strengthens regional links, connecting East-West Logistics corridors

Laos strengthens regional links, connecting East-West Logistics corridors

VOV. VN - Attending the workshop were representatives of relevant ministries, departments and agencies, as well as more than 80 enterprises and investors from Vietnam, Laos and Thailand.

Ba Ria - Vung Tau: Industrial development associated with seaport advantages

Ba Ria - Vung Tau: Industrial development associated with seaport advantages

Thanks to the advantage of Cai Mep - Thi Vai deep-water port cluster, over the years, the industry of Ba Ria - Vung Tau province has made great progress, becoming one of the 4 stable economic pillars of the province. With the promotion of the implementation of key transport routes linking the region, in the coming time, the province's industry is expected to give more sweet fruits.

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.

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.

Facilitating exports

Facilitating exports

Quang Ninh province has a developed transportation system, which is a great favorable factor for businesses to expand their markets and promote exports.

ProPak Vietnam, Vietwater expos open in HCM City

ProPak Vietnam, Vietwater expos open in HCM City

The 15th Việt Nam International Processing and Packaging Exhibition (ProPak Vietnam) and the 13th Việt Nam International Water Supply, Sanitation, Water Resources and Purification Exhibition (Vietwater) opened on November 9 at the Sài Gòn Exhibition and Convention Centre.

VIMC plans to divest from big seaports

VIMC plans to divest from big seaports

CMSC recommended that VIMC divest capital in seaport enterprises, but only to a 65 per cent ownership rate.