UN Conference on Trade and Development

UNCTAD is the main U.N. body dealing with trade, investment and development issues.

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New UN Data Sheds Light on Global Port Connectivity

By UN Conference on Trade and Development 2019-08-08 14:33:00

[By Hassiba Benamara, Jan Hoffmann, Luisa Rodriguez and Frida Youssef] Known as the “humble heroes” of globalization, containers are handled in hundreds of millions at container ports worldwide annually. Efficient and well-connected container ports enabled by frequent and regular shipping services are key to minimizing trade costs, including transport costs, linking supply chains and supporting international trade. Thus, port performance is a critical factor that can shape countries’ trade competitiveness. Every hour of port time saved by ships translates into savings in port infrastructure expenditure...

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