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
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.

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.

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.

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.

Development of logistics competitive index aims to develop logistics industry

Development of logistics competitive index aims to develop logistics industry

The launch of the Vietnam Provincial Logistics Competitiveness Index (LCI) is expected to help reduce logistics costs, support production and export development, and attract foreign investment more effectively in the future

FM Logistic to manage warehouse operations for gro24/7

FM Logistic to manage warehouse operations for gro24/7

Third-party logistics provider FM Logistic recently announced a partnership with gro24/7, one of the largest B2B e-commerce platforms in Việt Nam, to provide warehousing and urban logistics services.

Bringing logistics to a position worthy of development potential

Bringing logistics to a position worthy of development potential

With a special geographical position located in the dynamic development region of the world, where the flow of goods is very strong, Vietnam is considered to have geoeconomic strengths that are very favorable to promote production, export and logistics services.

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 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.

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%).