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 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.

Regional linkages to enhance the value of Vietnamese goods in the supply chain

Regional linkages to enhance the value of Vietnamese goods in the supply chain

The logistics service chain linking product consumption and distribution is a bottleneck, hindering the growth of the southern key economic region.

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.

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.

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%).

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.

Local logistics industry aims for green development

Local logistics industry aims for green development

Việt Nam needs solutions to develop green logistics to take advantage of free trade agreements (FTAs), especially new generation FTAs to help the industry develop, support market expansion and promote exports.

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.

Development of logistics centers in Lao Cai to promote import and export

Development of logistics centers in Lao Cai to promote import and export

On November 22, in Lao Cai city, the Vietnam Trade Promotion Agency, the Ministry of Industry and Trade and the Department of Industry and Trade of Lao Cai province jointly organized a workshop on promoting import and export activities, promoting the role of Lao Cai on the Kunming - Lao Cai - Hanoi - Hai Phong - Quang Ninh economic corridor.

CNL delivered Pet Chip to the USA via two breakbulk vessels.

CNL delivered Pet Chip to the USA via two breakbulk vessels.

In april of this year 2022, with trust from customers, CNL Transport handled two shipments of Pet Chip for delivery to the United States.