The COVID-19 pandemic’s impact on maritime trade volumes in 2020 was less severe than initially expected but its knock-on effects will be far-reaching and could transform maritime transport, according to UNCTAD’s Review of Maritime Transport 2021. The report shows that maritime trade contracted by 3.8% in 2020, reflecting an initial shock, but it rebounded later in the year and is projected to increase by 4.3% in 2021. The medium-term outlook for maritime trade remains positive but subject to “mounting risks and uncertainties”. [2]
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/review-maritime-transport-2021
[2] http://www.indiaenvironmentportal.org.in/files/file/rmt2021.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/unctad
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/shipping
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gdp
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global