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
Vietnamese logistics increases competitiveness, reduces costs

Vietnamese logistics increases competitiveness, reduces costs

TTO - Lack of professionalism, low automation, productivity of service implementation has not reached advanced countries, the application of information technology and the level of digitalization is not high, leading to reduced competitiveness compared to the international market.

By 2025, the ICD could handle up to 8.7 million tons of cargo.

By 2025, the ICD could handle up to 8.7 million tons of cargo.

By 2025, develop a dry port system capable of approving about 20% - 30% of the demand for import and export container transport with a total capacity of about 6 - 8.7 million Teu / year.

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.

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%).

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.

Import and export of goods in 2022 may exceed 700 billion USD

Import and export of goods in 2022 may exceed 700 billion USD

The latest statistics of the General Department of Customs show that, by the end of 11 months, the scale of import and export turnover of goods reached approximately 674 billion USD.

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.

Shipping costs gone down to pre-pandemic level

Shipping costs gone down to pre-pandemic level

Freighters have even started accepting small orders at low prices in the hope they may be able to pool them together to make a trip worthwhile.

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

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.