DP World: Maritime Trade’s Resilience During Global Disruptions
A study conducted by Dubai World Ports Group "DP World" examines the impact of geopolitical and climatic conditions on global maritime trade. It highlights the importance of interconnected and resilient trade corridors and short-distance shipping as means to ensure the continuity of goods flow amid current challenges. The study indicates that 80% of global trade volume is transported via seas, and the value of container transport networks is estimated at $14 trillion. However, these networks are increasingly challenged by political and environmental changes. The report emphasizes that reshaping supply chains provides companies with more alternative options and greater flexibility in transportation. It also forecasts a nearly 20-fold increase in trade between Southern Hemisphere countries between 1995 and 2025, underscoring the necessity to develop smarter and more resilient maritime and regional networks to keep pace with global shifts.
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