Longer routes key to managing shipping costs and volatility

trade

Longer routes—not bigger cargo volumes—drove 2024’s “growth,” so 2025 is about managing distance-inflated costs and volatility while preparing fleets, ports and contracts for tighter decarbonization rules and uneven demand. UNCTAD’s 2025 review shows seaborne trade volumes up modestly in 2024 but with a much bigger jump in ton-miles as Red Sea rerouting lengthened voyages—pushing costs, delays and emissions higher. Outlook […]

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