ISLAMABAD: Global shipping, responsible for over 80 per cent of world merchandise trade, is entering a phase of fragile growth, rising costs and increased uncertainty, according to UNCTAD’s Review of Maritime Transport 2025. After strong growth last year, seaborne trade volume is expected to rise by only 0.5pc in 2025, reflecting challenges from geopolitical tensions and evolving trade patterns.

The report highlights that long-distance rerouting driven by geopolitical........

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