TNPSC Thervupettagam

Review of maritime transport 2024

November 3 , 2024 26 days 86 0
  • The Review of Maritime Transport 2024 has been released by the UN Trade and Development (UNCTAD).
  • Maritime trade, which grew by 2.4% in 2023 to reach 12,292 million tons, had begun to recover after a contraction in 2022.
  • The report noted that Container trade, which grew by just 0.3% in 2023, is expected to rebound by 3.5% in 2024.
  • The supply of container ship capacity grew by 8.2% in 2023.
  • Global ton-miles rose by 4.2% in 2023, driving up costs and emissions.
  • Key maritime chokepoints, like the Suez and Panama Canals faced unsettling disruptions.

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