Answer: United Nations Conference on Trade and Development (UNCTAD)
Notes: United Nations Conference on Trade and Development (UNCTAD) released the Review of Maritime Transport 2024 report, highlighting trends in global maritime trade. Global maritime trade grew by 2.4% in 2023, rebounding from a contraction in 2022, but the recovery is still fragile. Key chokepoints like the Suez and Panama Canals experienced significant disruptions. Chokepoints are narrow geographical features that are strategically important for trade. They enhance connectivity, such as the Suez Canal connecting the Mediterranean Sea to the Red Sea. Chokepoints also play a vital role in energy security, like the Strait of Hormuz for global petroleum transport.
