Hormuz Shutdown Sends Global Shockwaves as UN Warns of Inflation Surge and Slowing Growth
The Strait of Hormuz—one of the world’s most critical energy chokepoints—remains effectively closed, sending shockwaves through global trade, energy
The Strait of Hormuz—one of the world’s most critical energy chokepoints—remains effectively closed, sending shockwaves through global trade, energy
The UN Trade and Development is warning that the Strait of Hormuz crisis is quickly moving beyond a shipping disruption and into a broader economic
Disruptions to shipping in the Strait of Hormuz are raising alarm across global energy, shipping, and agricultural markets, with the potential to hit
Global trade is losing steam just as the shipping industry was hoping for a steadier recovery, according to a new United Nations outlook that points to slower
Global trade is on track to surpass $35 trillion for the first time in 2025, marking a 7% increase over 2024 despite mounting geopolitical tensions and rising
Global maritime shipping is sailing into troubled waters as seaborne trade growth is forecast to slow dramatically to just 0.5 percent in 2025, according to
Ocean-based sectors have emerged as a cornerstone of global trade, reaching a significant milestone of $2.2 trillion in 2023, accounting for 7% of world trade.
Global trade in both goods and services is poised to achieve an unprecedented $33 trillion in 2024, marking a substantial $1 trillion increase and 3.3% annual
The 2024 Review of Maritime Transport report by UNCTAD offers a comprehensive analysis of the current state and future outlook of the
By Lori Ann LaRocco (gCaptain) – UNCTAD’s yearly review on the maritime industry meticulously breaks out all the headwinds facing the world of
Vulnerability of supply chains exposed as global maritime chokepoints come under pressure, UNCTAD’s Review of Maritime Transport 2024 report reveals. As
Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and 1.5% respectively, driven by the US, China, and India,
Global trade is projected to recover in 2024, bouncing back from a downward trend seen in 2023, according to a new report from the United Nations Conference on
The recent attacks on Red Sea shipping coupled with existing geopolitical and climate-related challenges are reshaping global trade routes with the potential
The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over rising disruptions in global trade due to escalating geopolitical
LONDON, Sept 27 (Reuters) – The shipping industry lacks clarity on future clean fuels and regulatory systems which is holding back
(Bloomberg) — Buyers are shipping grains and oil from further and further away after Russia’s invasion of Ukraine disrupted traditional trade routes.
Trade growth was positive for both goods and services in the first quarter of 2023, according to the UNCTAD’s latest Global Trade Update report. However the
A new report from the United Nations Conference on Trade and Development (UNCTAD) highlights the urgent need for a global “Blue Deal” to protect and invest
By Bryce Baschuk (Bloomberg) — International commerce soared to a record of $32 trillion in 2022, but goods trade growth is expected to increase by only
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