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Global trade set to reach new high of US$33 trillion in 2024

Container News Team - 0
Global trade is set to reach a record US$33 trillion in 2024, according to UNCTAD, translating to a 3.3% annual growth or a US$1...
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Resilience and Adaptation of Key Asian Powers in Maritime Trade Landscape

Alexandros Itimoudis - 0
Despite the escalating geopolitical tensions, potentially leading to new disruptions in global commodity markets, UNCTAD predicts a steady growth in maritime trade, expecting a...
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Global South Trade Growth Faces New Challenges

Alexandros Itimoudis - 0
  Changing patterns of world trade have affected global South economies, according to a UNCTAD report published in late October 2024. From 2007 to 2023, trade...
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Industry Opinions

Suez and Panama Canal disruptions threaten global trade and development: UNCTAD

Container News Team - 0
The disruptions are straining supply chains, driving up costs, and reshaping global trade patterns, with vulnerable economies hit hardest, according to the latest UNCTAD...
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Maritime sector at pivotal decarbonisation moment, says UNCTAD

Container News Team - 0
Shipping has reached a decisive moment in the green transition process with the UN trade body UNCTAD calling on the industry to establish a...
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Industry Opinions

Global trade slows, but ‘Green Goods’ grow: UNCTAD

Container News Team - 0
Global trade was worth a record US$32 trillion in 2022, but amid deteriorating economic conditions and rising uncertainties, growth turned negative in the last...
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United Kingdom funds UNCTAD for trade facilitation

Container News Team - 0
The United Kingdom government will provide US$2.4 million (£1.8 million) to United Nations Conference on Trade and Development (UNCTAD) to help developing countries boost...
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Higher box prices forecast shadow over global economy’s recovery

Container News Team - 0
The recovery of the global economy is threatened by high freight prices, which are likely to continue in the coming months, according to UNCTAD's...
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Sea-Intelligence reports 11% increase in port stay duration during 2021 H1

Container News Team - 0
The median time spent by container vessels in port began to grow sharply in the second half of 2020, continuing into the first half...
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Foolhardy forecasts and trading places

n.savvides - 0
Even as some 21 states postpone the roll back on plans to ease their lockdown regimes and the International Maritime Fund (IMF) has revised...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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