UNCTAD: Maritime trade rises amid geopolitical tensions, growth set to continue
NewsGlobal maritime trade increased by 2.4% in 2023, with a forecasted 2% growth for 2024 and 2.4% for 2025-2029, despite ongoing geopolitical tensions.
With the nation’s ports successfully attracting new services and its huge investments in new logistics centres, Saudi Arabia is better connected to the rest of the world than ever before, as revealed in UNCTAD’s latest Liner Shipping Connectivity Index (LSCI) for Q4 2023
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