Overview

This edition of the Review of Maritime Transport gives a detailed account of the main developments affecting world seaborne trade, freight markets and rates, ports, surface transport, logistics services and world fleet-related issues, including ownership, control, age, tonnage supply and productivity. The Review contains a chapter on legal and regulatory developments as well as a regional chapter that focuses on Asia.In 2006, world seaborne trade (goods loaded) increased by 4.3 per cent to reach 7.4 billion tons; At the beginning of 2007, the world fleet broke the 1 billion deadweight tons (dwt) mark for the first time to reach 1.04 billion dwt after expanding by an impressive 8.6 per cent. Developed countries controlled 65.9 per cent of the world total, with developing countries and economies in transition controlling 31.2 per cent and 2.9 per cent, respectively.Important regulatory developments in 2007 include the resumption of negotiations on trade facilitation at the World Trade Organization (WTO) and the adoption of the new International Convention on the Removal of Wrecks under the auspices of the International Maritime Organization (IMO).Relevant developments in the field of transport and supply chain security include those under the auspices of the World Customs Organization (WCO) and IMO. In 2007, for the first time, United Nations Conference on Trade and Development (UNCTAD) published data on the costs associated with compliance with the International Ship and Port Facility Security Code (ISPS).

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