UNCTAD estimates: Global maritime trade will decline by 4.1% in 2020
Global maritime trade will decline by 4.1% in 2020 due to supply chain disruptions caused by the COVID-19 pandemic, UNCTAD estimates in a report on the impact of the pandemic on maritime transport. The pandemic has severely affected supply chains, shipping networks and ports, leading to declining freight volumes
New IFAC President Alan Johnson and CEO Kevin Dancey call for renewed commitment to global collaboration
In an article signed by Alan Johnson, the new president of IFAC, and Kevin Dancey, CEO, they emphasize the importance of global collaboration to counter the effects of the COVID-19 pandemic. According to IFAC management, the pandemic tested our ability to work together, and the results were daunting. Looking to the future, issues such as climate change do not