Sea transport in economic storms. UNCTAD 2022 Report

Higher grain prices and dry bulk freight rates in early 2022 will contribute to a 1.2 percent increase in consumer food prices. Container ships berthed 13.7% longer in 2021 compared to 2020, exacerbating delays and shortages of goods. Over the past year, the total greenhouse gas emissions from the global fleet have increased by 4.7% – these are the findings of UNCTAD exports included in the latest report “Maritime Transport Review 2022”.

“In short, we need to tackle the many sources of inefficiencies at ports and in land transport networks. This review also calls for better implementation of transport and trade facilitation solutions at ports and borders. At UNCTAD, we work very closely on facilitation through different programs on ports and customs like ASYCUDA and the ports management program. These are our largest technical assistance projects going to really dozens of countries around the world. This report also calls for a faster transition to smart and green logistics systems and to the widespread use of electronic documents in international trade. All of these are solutions to reduce logistic costs, which in turn translate into lower prices for the world” – said Rebeca Grynspan, Secretary-General of UNCTAD in the Statement during the Presentation of the “Review of Maritime Transport 2022” in Geneva.

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Presentation of the Review of Maritime Transport 2022