Seafarers, heroes of the pandemic as shipping plays vital role in crisis

The global shipping industry has played a vital role in the global response to the COVID-19 pandemic, and demand for its services has limited the annual decline in maritime trade volumes to around 4.1 per cent in 2020, the UN Conference on Trade and Development (UNCTAD) said in its annual report on the shipping industry on Thursday.  https://news.un.org/feed/view/en/story/2020/11/1077462
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‘Rapid deterioration’ in global investment flows as Coronavirus spreads: UN trade body

26 Mar 2020

Foreign direct investment flows are liable to drop by 30 to 40 per cent during 2020, into next year, due to the ongoing COVID-19 pandemic, reflecting a far more severe economic blow that initially projected, the United Nations Conference on Trade and Development (UNCTAD) said on Thursday in its latest Investment Trends Monitor report.

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Smart, sustainable maritime transport critical to global recovery: UNCTAD

18 Nov 2021

Although the COVID-19 pandemic’s impact on maritime trade last year was less severe than expected, the knock-on effects will be far reaching and could transform the sector, the UN trade and development body, UNCTAD, said in its latest report, published on Thursday. 

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Pandemic ‘rolled back’ sustainable development funding for weak economies: UNCTAD

21 Jun 2021

Financial assistance to the world’s 83 weakest economies fell by 15 per cent in 2020, to $35 billion as a direct result of the COVID-19 pandemic, UN trade and development experts UNCTAD said on Monday.