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Report

Maritime Economy

Oct, 2018
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Summary

The shipping sector is undergoing a sea change, with new technologies and geopolitical forces offering myriad opportunities for commercial success. But do business leaders fully understand the associated threats? From combating piracy and finding clean alternatives to dirty fuels, to boosting gender diversity, the Maritime Economy special report, published in The Times, covers the major challenges facing the industry. Also featured is comment on the importance of redeveloping coastal communities, and an infographic detailing the big ports and important global trade routes

Infographic

Modern ports have become multimodal distribution megahubs which link sea, river, canal, road, rail and air transport routes, vital for international trade and linchpins for the global economy. Since the advent of container shipping in the 1950s, globalisation has led to the vast expansion of ports, and trade flows show the importance of Asia as a major transport region. The continent now dominates the scene, handling nearly two thirds of global annual container port volumes, and is home to fifteen of the twenty largest ports, eight of which are located in China