Economy

Global freight volumes show hints of reaching their lowest levels in Q1 2023, suggesting the industrial cycle may be approaching its nadir. This development provides possible support to oil prices later in 2023. A Glimpse of Improvement The Netherlands Bureau of Economic Policy Analysis reports a 1.1% decline in global freight volumes during the first […]

The Growth of Maritime Transport in the EU The EU Blue Economy Report’s sixth edition highlights the rising importance of maritime transport within the European Union. Accounting for 74% of the goods traded to and from the EU in 2021; it demonstrates that maritime transport is the most carbon-efficient mode of transport, producing lower greenhouse

The G20 has the power to accelerate funding for the blue economy shift by exploring innovative financial instruments like debt-for-nature swaps, blue bonds, and outcome-based payments. With India’s G20 presidency, a Think20 engagement group has been established to address how sustainable development goals can be achieved. Closing the Biodiversity Finance Gap To reach the Global

Celebrating National Maritime Day in Florida On May 22, National Maritime Day, Florida Secretary of Commerce Laura DiBella met with representatives from the American Maritime Partnership (AMP) and the Florida Maritime Partnership in Jacksonville. Together, they acknowledged the significant economic contributions the more than 65,000 men and women of the American maritime industry bring to