# UN Geneva - Multimedia Newsroom : UNCTAD Press conference - 22 October 2024

> UNCTAD launched its Review of Maritime Transport 2024 in Geneva, highlighting fragile recovery in global maritime trade after 2.4% growth in 2023. The report warns that Suez and Panama canal vulnerabilities are extending shipping routes and raising costs. It calls for resilient infrastructure, decarbonization and support for vulnerable economies.

- Date: 2024-10-22 · published 2024-10-22T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/16997-un-geneva-multimedia-newsroom-unctad-press-conference-22-october-2024
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising shipping costs from rerouting feed into higher landed prices for imported feed grains and ingredients, especially in small island and least developed importing nations.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- unognewsroom.org: https://www.unognewsroom.org/story/en/2395/unctad-press-conference-22-october-2024

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