Published on : 24 Sep 2025, 3:30 pm Summary

UNCTAD report highlights freight volatility as “the new normal” for South Asia’s maritime trade

Red Sea crisis and tariff battles pushed container rates to near-pandemic highs in 2024

Climate-linked port disruptions and rerouting inflated costs and emissions

Decarbonisation rules create both opportunities for India and Bangladesh and risks for smaller carriers

Geopolitical tensions and supply chain shifts could redraw global shipping routes through the region

South Asia’s maritime sector, led by India, is navigating turbulent waters as volatile freight rates, climate-related disruptions, costly decarbonisation rules and shifting geopolitics converge, according to a new United Nations report.

The UN Trade and Development’s (UNCTAD)

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