1945

Maritime activities

Shipping is essential to the global economy, providing the most cost-effective means of transporting bulk goods over long distances. Around 80 per cent of global trade by volume and over 70 per cent by value is carried by sea and is handled by ports worldwide, with these shares being even higher in the case of most developing countries (UNCTAD 2014). Despite some decreases since the onset of the slowdown in the global economy in 2009, the volume of seaborne trade increased by 3.8 per cent during 2013 (UNCTAD 2014). Moreover, Lloyd’s and others (2013) projected that – driven by increases in global population and GDP - it will rise from 9 000 million tonnes to between 19 and 24 000 million tonnes by 2030.

Related Subject(s): Environment and Climate Change
Sustainable Development Goals:
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