Shipping route disruptions impacting global trade

Shipping route disruptions impacting global trade – Unctad

By Genivi Verdejo

Feb 28, 2024 12:05 am

DISRUPTIONS in key shipping routes in the Red Sea, Black Sea and Panama Canal have affected the global trade landscape, the UN Conference on Trade and Development (Unctad) said.

Geopolitical tensions, climate-related challenges, and targeted attacks on shipping vessels have collectively contributed to a significant decrease in transit through critical maritime channels, triggering ripple effects across various sectors.

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