Global seaborne trade projected to surpass 12bn tonnes this year

Global seaborne trade projected to surpass 12bn tonnes this year

Global seaborne trade is projected to rise to over 12bn tonnes in 2018, working out at 1.57 tonnes for every person on the planet, according to data carried in the latest weekly report from Clarkson Research.

This aggregate per capita figure is up almost 70% on two decades ago, during which time the world’s population has risen by 27%.

“Global seaborne trade has nearly doubled since the turn of the century and in the consensus view, looks likely to continue on an upwards path in the long term,” analysts at Clarkson Research wrote, noting that strongest growth in the future would come from developing economies.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Related Posts