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
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.

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.

Proposal to invest in dry ports in the form of PPP

Proposal to invest in dry ports in the form of PPP

As a later type of development than seaports, but currently dry ports are interested in investing in areas and transport corridors with large container cargo traffic.

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

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...

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.

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.

Increase the competitiveness of goods from logistics services

Increase the competitiveness of goods from logistics services

The Mekong Delta is the rice, fishery and fruit bowl of the whole country. Therefore, developing a worthy logistics system and improving the competitiveness of key goods of the region in the direction of efficiency and sustainability is essential.

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.

North American logistics business in slow growth

North American logistics business in slow growth

The boom period for North American logistics companies is predicted to come to an end as economic activity cools down, slowing growth in 2023.