{"id":33631,"date":"2025-09-29T14:27:25","date_gmt":"2025-09-29T06:27:25","guid":{"rendered":"https:\/\/newsbites.hktdc.com\/?p=33631"},"modified":"2025-09-29T14:41:59","modified_gmt":"2025-09-29T06:41:59","slug":"maritime-trade","status":"publish","type":"post","link":"https:\/\/newsbites.hktdc.com\/markets\/maritime-trade\/","title":{"rendered":"UN Warns of \u2018Stormy Seas\u2019 for Maritime Trade: Insights for Procurement Leaders"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"33631\" class=\"elementor elementor-33631\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1989090 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1989090\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c432f51\" data-id=\"c432f51\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cfdbfa0 elementor-widget elementor-widget-text-editor\" data-id=\"cfdbfa0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Global maritime trade, which moves over 80% of the world\u2019s goods, is encountering heightened uncertainty, fragile growth and rising costs, according to the United Nations Conference on Trade and Development\u2019s (<a href=\"http:\/\/unctad.org\/en\/Pages\/Home.aspx\" target=\"_blank\" rel=\"noopener\">UNCTAD<\/a>)\u00a0<em>Review of Maritime Transport 2025<\/em>.\u00a0After solid expansion in 2024, <strong>trade volumes are set to grow by just 0.5% in 2025<\/strong>\u2014the slowest pace in years.<\/p><p>The slowdown is driven by <strong>geopolitical shocks<\/strong>\u2014notably crises in the Red Sea and tensions near the Strait of Hormuz\u2014forcing costly reroutings and longer shipping times. Added tariffs and volatile freight rates further disrupt supply chains. <strong>Small economies and net food\u2011importing nations<\/strong> are particularly exposed, as higher shipping costs quickly raise food and import prices.<\/p><h3>Ports Face Unprecedented Pressure<\/h3><p>Ports are under severe strain, facing congestion, long waiting times, and lagging digitalisation. Cybersecurity risks add further urgency for investment in smarter, resilient port systems.<\/p><h3>Climate Challenge<\/h3><p>Environmentally, <strong>emissions from shipping rose by 5% in 2024<\/strong>, with only 8% of the global fleet prepared for alternative fuels. Regulatory momentum is building, with the <a href=\"https:\/\/www.imo.org\/\" target=\"_blank\" rel=\"noopener\">International Maritime Organization<\/a> considering carbon pricing and a global fuel standard this October.<\/p><h3>Growing Human Costs at Sea<\/h3><p>Human costs are also rising, with <strong>record seafarer abandonment cases in 2024<\/strong>, underlining weak enforcement of crew rights.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-594b2ef elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"594b2ef\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-618a5e7\" data-id=\"618a5e7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-53c3dc7 elementor-widget elementor-widget-heading\" data-id=\"53c3dc7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How Can Global Buyers and Suppliers Better Prepare for These Maritime Challenges?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2264a28 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2264a28\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-dae49d9\" data-id=\"dae49d9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-83c7fd9 elementor-widget elementor-widget-text-editor\" data-id=\"83c7fd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The UN review calls for governments and industry to work together for resilient, inclusive and sustainable maritime transport to weather the turbulent waters ahead. Here are some immediate measures to tackle the maritime trade challenges:<\/p><ul><li><strong>Plan for volatility:<\/strong> Factor in extended lead times, fluctuating rates, and rerouting risks.<\/li><li><strong>Diversify logistics:<\/strong> Explore multimodal transport and alternative sourcing to reduce dependency on vulnerable routes.<\/li><li><strong>Prioritise resilience:<\/strong> Strengthen cooperation with partners investing in digitalised and green port infrastructure.<\/li><li><strong>Watch regulations:<\/strong> Anticipate carbon pricing and fuel changes that could alter freight costs.<\/li><li><strong>Protect vulnerable markets:<\/strong> Build cost\u2011sharing or adaptive sourcing strategies to cushion partners in developing economies.<\/li><\/ul><p>Maritime transport remains an indispensable yet increasingly fragile backbone of global trade. Staying agile and collaborative will be essential for businesses navigating the \u2018stormy seas\u2019 ahead.<\/p><p><a href=\"https:\/\/news.un.org\/en\/story\/2025\/09\/1165939\" target=\"_blank\" rel=\"noopener\"><em>Source: UN News<\/em><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0c1c8de elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0c1c8de\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3ac543f\" data-id=\"3ac543f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5929d0f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5929d0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7772707 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7772707\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-868bfbc\" data-id=\"868bfbc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1288005 elementor-widget elementor-widget-heading\" data-id=\"1288005\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Trusted e-Marketplace to Navigate Supply Chain Challenges<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4b287bb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4b287bb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16b0b7b\" data-id=\"16b0b7b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-439dfb4 elementor-widget elementor-widget-text-editor\" data-id=\"439dfb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Be sure to continue your sourcing with\u00a0<strong><em>hktdc.com Sourcing<\/em>, a statutory-backed e-Marketplace<\/strong>\u00a0with thousands of product varieties and trusted by millions of buyers and suppliers worldwide.<\/p><p>Our e-Marketplace provides a one-stop e-commerce platform for suppliers like you to:<\/p><ul><li>display a comprehensive product portfolio<\/li><li>showcase certifications, awards and third-party verifications<\/li><li>meet potential buyers online anytime, anywhere<\/li><li>ensure your products appear in relevant buyer searches with advanced AI technology<\/li><\/ul><p>Kickstart your exploration by clicking the banner below:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2d8c39a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d8c39a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fe9d0cd\" data-id=\"fe9d0cd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f8ac490 elementor-widget elementor-widget-image\" data-id=\"f8ac490\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/sourcing.hktdc.com\/newsbites\/become-a-supplier\/trade-war\/en\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"508\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/07\/tradewar-1024x508.png\" class=\"attachment-large size-large wp-image-31671\" alt=\"\" srcset=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/07\/tradewar-1024x508.png 1024w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/07\/tradewar-600x297.png 600w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/07\/tradewar-768x381.png 768w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/07\/tradewar-1536x761.png 1536w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2025\/07\/tradewar-2048x1015.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-abfaf6c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"abfaf6c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-918e7de\" data-id=\"918e7de\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ea6c3f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1ea6c3f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Global maritime trade, which moves over 80% of the world\u2019s goods, is encountering heightened uncertainty, fragile growth and rising costs, according to the United Nations &hellip; <\/p>\n","protected":false},"author":28,"featured_media":33632,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,364,4],"tags":[],"class_list":["post-33631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","category-supply-chain","category-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UN Warns of \u2018Stormy Seas\u2019 for Maritime Trade: Insights for Procurement Leaders - HKTDC Newsbites<\/title>\n<meta name=\"description\" content=\"Global maritime trade, which moves over 80% of the world\u2019s goods, is encountering heightened uncertainty, fragile growth and rising costs, according to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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