News Snapshot:
The United Nations Conference on Trade and Development (UNCTAD) has just published its Review of Maritime Transport 2021, looking at the impact of events in the past two years on maritime transport in general and on the challenges faced by seafarers in particular. IMN is covering each of the (six) individual chapters separately. Today, Chapter 3: Freight rates, maritime transport costs and their impact on prices. The chapter covers 2020 and the first half of 2021. As indicated in previous chapters (see last week’s IMN), the Covid-19 pandemic led to a sudden dip in international seaborne trade, but by late...
