Resilience Redefined: UNCTAD Timely Supply Chain Assessment
UNCTAD’s “Review of Maritime Transport 2022” urges increased investment in maritime supply chains to address global crises, climate change, and the transition to low-carbon energy. The supply chain crisis of the past two years demonstrated the negative impacts of a mismatch between demand and supply in maritime logistics. With ships handling over 80% of global trade, it is crucial to boost resilience against disruptions that fuel inflation and disproportionately affect the most vulnerable. UNCTAD emphasizes enhancing infrastructure, fleet renewal, port performance, and trade facilitation. Decarbonizing shipping should be completed on time. (read more…)
