If you’ve ever read anything about shipping then you will have read some variation of the lines “Shipping is the backbone of the world economy. 90% of the world’s goods are moved by sea.” This line – and in particular the 90% stat – is generally rolled out as a shorthand way to prove how crucial maritime transport is to the functioning of everything today. For example, here’s the World Economic Forum saying it:
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90% of the World’s Goods are Moved By Sea…
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If you’ve ever read anything about shipping then you will have read some variation of the lines “Shipping is the backbone of the world economy. 90% of the world’s goods are moved by sea.” This line – and in particular the 90% stat – is generally rolled out as a shorthand way to prove how crucial maritime transport is to the functioning of everything today. For example, here’s the World Economic Forum saying it: