Review of Maritime Transport 2022: Navigating stormy waters

United Nations Conference on Trade and Development (UNCTAD)

Review of Maritime Transport.

Rarely has the importance of maritime logistics for trade and development been more evident than during the last year. Historically high and volatile freight rates, congestion, closed ports and new demands for shipping following COVID-19 and the war in Ukraine have all had measurable impacts on people’s lives. With ships carrying over 80% of volume of global trade, higher shipping costs and lower maritime connectivity lead to higher inflation, shortages of food, and interruptions of supply chains – all of which are among the features of the current global crisis.

Link to the Overview (Spanish, English) and the Maritime Transport Report (English).