International ship transport mired in crisis
Returning to the global flow of goods and international ship transport, the growth
rate of the entire movement of goods in terms of volume in international
seaborne trade fell each year between 2012 and 2015 (see chart 15), according
to the United Nations Conference on Trade and Development (UNCTAD).
Growth came in at just 2% in 2015 – its slowest pace since 2009, a year
plagued by recession.