Seaborne trade growth back to pre-pandemic levels
The return to normal trade growth rates is welcome, if expected. But with supply chains at breaking point in the short term and future demand working against shipping’s favour, the industry has bigger worries
Seaborne trade growth has returned to pre-pandemic level as virus-stricken economies restart, according to Lloyd’s List Intelligence data. Trade is expected to grow 4.2% in 2021 after falling 3.4% in the past year