UNCTAD forecasts maritime trade volume to expand by 2 per cent in 2024 and containerized trade volume by 3.5 per cent. In the period 2025–2029, UNCTAD projects that total seaborne trade will grow on average by 2.4 per cent and containerized trade by 2.7 per cent. This growth is driven by increased demand for major bulks such as bauxite, coal, […]
Average container prices closed 2024 at higher levels year-over-year compared to 2023 and are expected to remain elevated into 2025. This container forecast report includes insights from market participants on key topics such as the implications of Chinese New Year on container trade, the impact of Trump-era tariffs, and the demand outlook. Source: Container xChange
This Ocean Freight Market Outlook 2025 outlines the challenges for shippers, with new alliance structures in Q1 2025 reshaping East-West trades and potential spillovers into other trades. The container shipping market faces numerous uncertainties, including alliance reorganizations, geopolitical tensions, potential strikes, climate crisis, and stricter regulations. Despite these challenges, we remain optimistic with solid global GDP growth and varied regional […]
The Asia-Pacific region continues to be the largest contributor to the worldwide build-up of preferential trade agreements (PTAs), accounting for nearly 60% of PTAs in force worldwide.1 PTAs have become bigger, deeper, and increasingly covering issues related to digital trade and sustainable development. The choice of new partners highlights a strategic shift toward diversifying trade relationships aligned with the drive […]
Although the interplay between trade and climate change mitigation efforts has gathered some attention in recent years, crucial elements of the trade, climate, and shipping interface have remained largely unexplored. This briefing note examines some of these interactions, with a specific focus on the regulation of shipping’s GHG emissions following the revised IMO (2023a) reduction strategy, including implications and considerations […]
The 2023-24 ACCC Container stevedoring monitoring report raises concerns about limited competition on landside charges charged by stevedores and notification fees charged by empty-container parks leading to poor outcomes for Australian consumers and businesses. Global and domestic disruptions continue to destabilise the container freight supply chain, leading to congestion, delays and higher costs, which resulted in some importers having to […]
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