The Shanghai port has topped UNCTAD’s 2019 ranking of the world’s best-connected ports, released on 7 August.
UNCTAD’s liner shipping connectivity index (LSCI) for 2019 is out, showing countries that have improved or worsened their positions in maritime transport networks.
Seaborne trade expanded by a healthy 4% in 2017, the fastest growth in five years, while UNCTAD forecasts similar growth this year, according to its Review of Maritime Transport 2018.
Technological advances including artificial intelligence, the IoT, blockchain applications, autonomous ships, drones and others have the potential to boost efficiency in the global shipping industry.
UNCTAD’s Review of Maritime Transport 2018 identifies seven key trends that are currently redefining the maritime transport landscape and shaping the sector’s outlook.
Ports in developing countries must be managed efficiently using modern methods to support international trade and boost local economies.
The main type of “bunker” oil for ships is heavy fuel oil, derived as a residue from crude oil distillation.
The Review of Maritime Transport 2017 says that seaborne trade grew by 2.6 per cent in 2016, reaching 10.3 billion tons.
Top 5 ship owners are Greece, Japan, China, Germany and Singapore. Together they have a market share of 49.5% of dwt.