# Vulnerability of supply chains exposed as global maritime chokepoints come under pressure

> UNCTAD's Review of Maritime Transport 2024 warns that key chokepoints including the Panama Canal, Red Sea, Suez Canal and Black Sea are under severe strain. Maritime trade grew 2.4% in 2023 and is projected to rise about 2% in 2024, with container capacity supply up 8.2% in 2023. The report links these pressures to geopolitical tensions and climate impacts.

- Date: 2024-11-01 · published 2024-11-01T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/16994-vulnerability-of-supply-chains-exposed-as-global-maritime-chokepoints-come
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Chokepoint stress lengthens routes and lifts freight costs for bulk grains and oilseeds, supporting landed feed ingredient prices, particularly for import-dependent economies.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- unctad.org: https://unctad.org/news/vulnerability-supply-chains-exposed-global-maritime-chokepoints-come-under-pressure

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.