MARITIME CORRIDORS: UNLOCKING TRADE THROUGH STRATEGIC CONNECTIVITY

Ocean freight remains the backbone of global trade, carrying over 80% of world merchandise trade by volume and nearly 70% by value. In recent times, growing dependence on a few traditional maritime corridors have exposed systemic vulnerabilities, with chokepoint disruptions leading to higher freight costs, longer transit times, and greater insurance risks that allude to uncertainties in supply chains exacerbated by poor reliability. In this evolving context, Alternative Trade Corridors are vital for resilient global connectivity, fostering regional integration and promoting industrial and port-led development.

By linking production centers with regional and global value chains, Alternative Trade Corridors support the development of integrated multimodal infrastructure and diversify trade routes, thereby enhancing supply chain resilience. This session will bring together leading global voices, sharing real-world examples and thought-provoking discussions to examine the key parameters that define the success of Alternative Trade Corridors.