Subscribe to RSS feedNine-tenths of trade by sea’ is just myth
by
Steve Matthews, London
—
last modified
Jun 19, 2009 03:34 PM
NEW research from Lloyd’s Marine Intelligence Unit (LMIU) shows that the widely used statistic that 90% of global trade is carried by sea is inaccurate and that the real figure is about 75%.
The research has major implications for decision makers and analysts.
The revised figure is based on a bottom-up calculation of global seaborne trade measured in both volume terms and by value.
According to the LMIU figures, seaborne trade...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
