global maritime trade statistics
The Global Maritime Forum, Marsh and IUMI would like to thank those who participated in our survey. Without shipping, intercontinental trade, the bulk transport of raw materials, and the import/export of affordable food and manufactured goods would simply not be possible. CTS uses the TEU data provided to estimate total trade volumes for 447 global … 1 Water transportation contributed $36 billion U.S. dollars and 64 thousand jobs to the U.S. economy in 2010, which helped keep Americans moving. The source for unrivalled maritime and trade information. Analyse the contribution of international trade to economic development with the SDG Trade Monitor. In terms of value, global seaborne container trade is believed to account for approximately 60 percent of all world seaborne trade, which … Liner ships transport approximately 60 percent of the value of seaborne trade or more than US $4 trillion worth of goods annually. ASYHUB Maritime is an open standardized platform for data processing and data integration between ASYCUDAWorld and other external systems. The logistics is carried out by about 50,000 merchant ships. Connecting Customs and Cross-Border Regulatory Authorities to Global Maritime Systems. Based on a survey of senior maritime stakeholders from 46 countries and commentary from more than a dozen other leaders and experts. “Digitizing Global Maritime Trade” project launched The project aims at r educ ing maritime trade costs by improving customs administrations access to advance cargo information and increasing efficiencies in customs clearance processes. Maritime transport is the cheapest means of transport. The GMBD monitors and stores the claims and boundary agreements of the world's coastal nations to the ocean including their claims to a territorial sea, contiguous zone, exclusive economic zone, exclusive fishing … D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Global Maritime Sp.z.o.o around the world, including contacts, financials, and competitor information. IMAGE DATA: Major World Trade Routes- 2017 Container Traffic North Atlantic Route – 22,322,000South Atlantic – 2,054,000North Pacific – 30,550,000Mediterranean – 5,504,000Cape of Good Hope – 1,344,000North Indian Ocean – 3,340,000 Data Source: World Shipping Council Introduction Maritime trade routes are established sea lanes that are taken by … By transforming the large volume of primary trade data into an accessible, user-friendly, web-based format, Trade Map provides indicators on export performance, international demand, alternative markets and the role of competitors. CTS is the exclusive agent of World Liner Data Limited (WLDL), promoting and selling data on its behalf. LNG Bunkering will register a 65.2% CAGR in terms of revenue, reach US$ 24400 million by 2023, from US$ 1200 million in 2017. Over 90% of world trade in goods by volume and 40% of global trade in goods by value are carried across the world’s oceans. Trade Map is free to use and provides trade statistics and market access information for export development. The maritime market is centered around ship transport overseas and along coastlines. NEWSLETTER. The report found that the Maritime Sector supported a total of £46.1 billion to the UK’s GVA in 2017 £46.1 billion, an £8.3 billion increase since 2010. According to Koncept Analytics, the maritime industry is the leading transport sector in terms of size. SDG Trade Monitor. We are sharing this cutting edge research to encourage a broader understanding of global issues that affect the marine industry and their impact in the form of key drivers and scenarios. In total, we estimate that global maritime trade reduced by -7.0% to -9.6% during the first eight months of 2020, which is equal to around 206-286 million tonnes in volume losses and up to 225-412 billion USD in value losses. COVID-19: Support measures. Both countries already use ASYCUDA as a customs IT system. The principles of the trade in maritime transport services are contained, as for all services, in the General Agreement on Trade in Services . June 2020 Global Shipping, Maritime and Offshore Marine News. The Global Maritime Forum’s Virtual High-Level Meeting will convene decision makers, thought leaders and experts from across the maritime spectrum and beyond to lay the groundwork for a more resilient, sustainable, and fair global economy in the aftermath of the Covid-19 pandemic. It also highlights the huge opportunity facing the UK Maritime Sector abroad as global containerised trade has tripled in the past 10 years. Our 2019 Global Maritime Issues Monitor looks at some of the critical issues facing the maritime industry. Global Maritime is a marine, offshore and engineering consultancy that specializes in marine warranty, dynamic positioning and engineering services. Global GIS Data Services, LLC provides ocean environmental GIS databases and services including the industry standard Global Maritime Boundaries Database (GMBD). Global Shipping Facts. These measures have been submitted by delegations directly to the WTO Trade Monitoring Section in response to the requests by the Director-General in March 2020 and by Deputy Director-General Agah in September 2020. Shipping is the life blood of the global economy. The global maritime analytics market is expected to grow at a steady rate over the forecast period, owing to the increasing global seaborne trade … ASYHUB BENEFITS. Looking back, the lockdowns in many countries severely impacted consumption, industrial production and, in a ripple effect, world trade. The table below lists the support measures taken by WTO members and observers in response to the COVID-19 pandemic. Helping to house, move and feed populations Each year, the shipping industry transports nearly 2 billion tons of crude oil, 1 billion tons of iron ore (the raw material needed to create steel), and 350 million tons of grain. Shipping Fact Shipping and World Trade: Global Supply and Demand for Seafarers The worldwide population of seafarers serving on internationally trading merchant ships is estimated at 1,647,500 seafarers, of which 774,000 are officers and 873,500 are ratings. Global maritime trade will plunge by 4.1% in 2020 due to the unprecedented disruption caused by COVID-19, UNCTAD estimates in its Review of Maritime Transport 2020, … T he nation will observe Maritime Day on May 22, which was designated by Congress in 1933 to honor U.S. merchant mariners and the maritime industry. Global Marine Trends 2030 has been prepared by Lloyd’s Register’s Strategic Research Group, QinetiQ and the University of Strathclyde. Find Out The specific regime for maritime transport services in the negotiations is defined by decision S/L/24. The Global Maritime Issues Monitor can in this perspective be seen as a modest contribution to this goal as it gives a partial account of what should be at the basis of any such attempt: a thorough understanding of the current state of affairs. Thanks for your registration! Our in-depth data, analysis and news enables customers around the world to address challenges – including market volatility, regulatory changes and global risks – while developing new opportunities and remaining competitive. 2 National Impact. The WLDL database is derived from data supplied by many of the world’s major container shipping lines. Our objective is always to ensure the safety of our customers, employees, partners and other stakeholders. The SDG Trade Monitor offers a one-stop shop for users to obtain updated and disaggregated official data on global trade’s contribution to … COVID-19 hit world trade after an already weak 2019, the year when volumes expanded by just 0.5% from 2.8% growth in 2018; Global maritime trade will plunge by 4.1% in 2020 due to the unprecedented disruption caused by COVID-19, according to a new forecast from the United Nations Conference on Trade and Development (UNCTAD). We have also introduced our own measures for handling the situation, with regional variations depending on the severity of the outbreak. A new way forward: Rethinking global seaborne trade. Global economic growth fuelling global trade is th… Global Maritime is closely following the prevailing governmental recommendations for the COVID-19 virus. The industry also relies on a vast workforce and technology innovation. Register for Daily, Weekly and breaking news alerts from the maritime industry. Global Trade Atlas (GTA) is the market-leading solution for access to a comprehensive view of global trade data in every commodity at the most detailed level of harmonized system code (HS code). The global maritime industry (one segment of the large transportation business) has an influence on many other industries worldwide, which are reliant on maritime trade to transport goods and raw materials. Global Sea Trade Routes. CTS Provides globalised Container Shipping statistics on TEU volume movements and Price indices To witness the full depth and breadth of our data and for industry leading sales intelligence tools, take D&B Hoovers for a test drive. ... TRADE FACILITATION ... Cloud-Native Platform. The exchange of capital, goods and services across international borders is known as international trade and in many countries it represents a significant share of the nation's gross domestic product (GDP.) Shipping and World Trade The international shipping industry is responsible for the carriage of around 90% of world trade. Containerization has drastically reduce the unit cost of commodities. Container port traffic (TEU: 20 foot equivalent units) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The project Digitising Global Maritime Trade (DGMT) is implementing a new data integration solution called ASYHUB in Cambodia and Sri Lanka together with the local customs authorities. Huge capital is required to support the global shipping sector. The report was produced in partnership with the Global Maritime Forum and International Union of Marine Insurance (IUMI). Known for innovation, practical experience, operational excellence, & safety. As of 2019, the total value of the annual world shipping trade had reached more than 14 trillion US Dollars.