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The outbreak of the COVID-19 pandemic had a negative impact on shipping industry growth in 2020. With the world in lockdown, demand for non-essential consumer goods (and the means to ship them) decreased. Shipment of manufactured goods also decreased as factories closed in an effort to slow the spread of the virus. On top of that, China — one of the world’s largest exporters — was at the center of the pandemic, leading several countries to stop trade with the nation altogether.

According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.

Check back here for the latest container shipping news, updates and trends. Looking for additional information and insights? Check out our Maritime Industry News archives.

Chris Dupin Friday, August 30, 2013

Chassis threat rescinded

   The International Longshoremen’s Association, and the group that represents their employers, the U.S. Maritime Alliance (USMX), have agreed to rescind an Aug. 6 letter that threatened containers would not […]

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Chris Dupin Wednesday, August 28, 2013

Vizion-ary partnership

Gemini’s joint venture with logistics partner built on long-time trust. By Chris Dupin    Gemini Shippers Association has forged a joint venture with Vizion Logistics to provide transport for smaller shipments […]

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Chris Dupin Wednesday, August 28, 2013

Supersize me!

Liner carriers and their alliances grapple with the largest containerships. By Chris Dupin    The container shipping industry has shown steady drive toward bigger ships over the past five decades. […]

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Chris Dupin Wednesday, August 28, 2013

Looking for green ‘twofers’

Survey finds Europe ahead of U.S. shippers and carriers on embracing sustainability. By Chris Dupin    While environmental sustainability is becoming an increasingly significant issue for customers and senior management, “cost […]

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Chris Dupin Wednesday, August 28, 2013

As the world watches

   Geodis Wilson, the freight forwarding and heavy-lift shipping division of Geodis Group, has begun moving the giant gates that will be used in the new, third set of locks […]

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Chris Dupin Wednesday, August 28, 2013

CSCMP at 50

Supply chain experts will gather for a view of the profession’s future, as well as its past. By Chris Dupin    The Council of Supply Chain Management Professionals (CSCMP) will mark […]

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Chris Dupin Wednesday, August 28, 2013

Excused from court

   A U.S. District Court granted summary judgment in favor of a truck rental company that said it should not be part of a cargo damage lawsuit. (Maass Flange Corp., […]

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Chris Gillis Thursday, August 22, 2013

Port Canaveral reopens road

   Traffic is moving this morning on Dave Nesbit road along Port Canaveral’s southside after being shut down since May for reconstruction.    The project involved road realignment, installation of underground utilities, […]

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Chris Gillis Thursday, August 8, 2013

Laufer Group opens at JFK

   Freight forwarder Laufer Group International has opened a JFK International Airport office.    The office will service customers for both ocean and air and report to Martin Karczewski, director […]

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Chris Gillis Thursday, August 8, 2013

AIT expands to Toronto

   AIT Worldwide Logistics has opened an office in Toronto, Canada.    This first Canadian location in AIT’s network is headed by independent contractor Branko Burazin.    “The establishment of […]

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Chris Dupin Wednesday, August 7, 2013

Clean Cargo group adds members

   Clean Cargo Working Group, an initiative of carriers and shippers dedicated to environmental performance improvement in marine container transport through measurement, evaluation, and reporting, said Independent Container Lines and […]

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