The True Strength of Shipping Seen Through Numbers: Its Dominant Role in Global Trade

AI Summary

Maritime transport remains the primary driver of global trade, as demonstrated by modal share and cargo composition data. This insight highlights the dominant role of shipping in facilitating international commerce.

Explained by Koichiro Hayashi, Former General Manager, Research Group, NYK Line If you are reading this, you likely have at least some interest in shipping or trade. In fact, maritime transport is the main driver of global trade. By examining modal share and cargo composition, we can clearly see — from data alone — the ...