Image
Image
Review of Maritime Report 2024

Review of Maritime Transport 2024

Navigating Maritime Chokepoints

Format *
Global maritime trade grew by 2.4% in 2023, recovering from a 2022 contraction, but the recovery remains fragile. Key chokepoints like the Suez and Panama Canals are increasingly vulnerable to geopolitical tensions, conflicts and climate change. These disruptions are extending shipping routes, straining supply chains and raising costs, with profound impacts on food security, energy supplies and the global economy, as over 80% of world trade volume is carried by sea. Vulnerable economies, especially small island developing States and least developed countries, are hit hardest by rising shipping costs from rerouted vessels. The Review of Maritime Transport 2024 highlights these challenges, calling for urgent action to strengthen industry resilience, accelerate decarbonization and support vulnerable economies. It underscores the need for new infrastructure that is sustainable and resilient, a faster transition to low-carbon shipping and a crackdown on fraudulent ship registrations to safeguard global trade.

Details:

Agency/Department
UNCTAD/Division on Technology and Logistics (DTL)
Print ISBN
9789210032063
PDF ISBN
9789211065923
EPUB ISBN
9789211065930
PDF Publication Date
Page Count
166
Print Sales Number
24.II.D.19
Series Title
Review of Maritime Transport

We do not currently sell e-books on our site however if you'd like to find out where you can purchase one please click here.