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You are here: Home Archive 2009 June 11 Statistical myth: ocean freight not 90% of trade

Statistical myth: ocean freight not 90% of trade

by Steve Matthews - Lloyd's List last modified Jun 11, 2009 12:21 PM

Lloyd's Marine Intelligence Unit (LMIU) has debunked long-held theories that 90% of the world's cargo is carried by sea.

  
Statistical myth: ocean freight not 90% of trade

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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