Sustainability issues, challenges in maritime transport and logistics industry in emerging markets: a case of India maritime industry

Abstract

As for UNCTAD/RMT 2019 report emphasized that Global maritime trade expanded at a slower pace in 2018, while volumes reached 11 billion tons and volumes expanded at 2.7 per cent in 2018, down from 4.1 per cent in 2017. The slowdown was broad based and affected nearly all maritime transport cargo segments. It undermined global port cargo-handling activities are facing a serious issues and sustainability challenges in the field of shipping, port and maritime logistics, commonly known as the maritime transport and logistics industry. The aim of this paper is to analyse the sustainable issues and challenges in maritime industry to demand side and the new normal also entails some new trends on the supply side in emerging markets. Sustainability issues in maritime transport and logistics have been dealt with in the transportation and economic studies in Ports and shipping interests appear to be focusing more attention on expanding activities to inland logistics and tapping potential underlying sources of revenue Such developments call for improved planning, adequate response measures, and flexible and forward-looking transport policies that anticipate change, particularly relating to shipping, port, and maritime logistics, and identify and discuss the key topics emerging in sustainability in the industry. It will contribute to increasing industry stakeholders’ understanding of the current situation in sustainability, assist them in the design of appropriate managerial insights and help them develop appropriate sustainability policies for the industry.