Global maritime transport is facing growing uncertainty, volatility, and higher costs while growth in maritime trade is slowing down, UN Trade and Development (UNCTAD) warns in its Review of Maritime Transport 2025, to be released on 24 September.
After a firm growth in 2024, seaborne trade growth is expected to stall in 2025, with volumes rising just 0.5%. Geopolitical tensions, shifting trade policies and climate factors and regulatory developments are redrawing shipping routes and driving up costs.
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Source: UN Trade and Development
