Statistical myth: ocean freight not 90% of trade
Lloyd's Marine Intelligence Unit (LMIU) has debunked long-held theories that 90% of the world's cargo is carried by sea.
Taking a lighter load: LMIU research looks to discredit 90%-by-sea thinking
New research from LMIU shows that seaborne trade accounts for 75% of global merchandise trade by volume and 59% when measured in dollar value.
The research will likely have serious implications for decision makers and analysts who have long based policy on...
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