21
Apr
Europe on alert to track any wave of diverted Chinese imports The European Commission is closely monitoring containerized imports from China due to concerns that the high U.S. tariffs will force a redirection of Trans-Pacific trade flows and flood Europe…
07
Apr
U.S. Importers Strategize and Brace for Tariff Impacts A 10% universal tariff and country-specific duties on U.S. imports will take effect on April 5 and April 9, respectively. Consequently, this is pressuring shippers to re-evaluate their supply chain strategies with…
24
Mar
New capacity coming to Asia-Mexico trade despite recent rate pressure Seven regional carriers based in Asia have teamed up to introduce a new weekly express service between Asia and Mexico, adding at least 15,000 TEUs of capacity to the growing…
17
Mar
US Could Bar Ships From Countries Seen to Be Creating Maritime Chokepoints The U.S. Federal Maritime Commission (FMC) is investigating global shipping chokepoints, examining whether foreign laws, regulations, or practices are disrupting U.S. trade. The international shipping lanes under review…
10
Mar
Container market downturn creating ‘new era of volatility’ Panelists at the Journal of Commerce's TPM25 conference indicated that the container market is facing a downturn in 2025, warning that it could be worse than previous declines. Parash Jain, the global…
24
Feb
IMF Lowers Global Trade Growth Forecasts for 2025 - 2026 The International Monetary Fund (IMF) has revised its global trade growth projections downward in their January 2025 World Economic Outlook (WEO) report. According to Sea-Intelligence, the IMF projected that global…
18
Feb
Global Container Volumes Increased by 10.7 Million TEU in 2024 In 2024, the container market surpassed growth expectations, with volumes increasing by 6.2% and demand for teu-miles rising by 21%, according to Sea-Intelligence. This surge was largely due to the…
10
Feb
U.S. Sets 10% Tariff on Chinese Goods, Delays Tariffs on Canada and Mexico The 10% tariff on all Chinese imports into the U.S. took effect on February 4, covering broad categories of goods including consumer items like electronics, clothing, and…
05
Feb
Tariff Concerns Persist Amid Trans-Pacific Rate Slide Trans-Pacific container rates have decreased as manufacturing and logistics operations in China wound down in anticipation of the Lunar New Year holiday, which began on January 29. In the week ending January 24,…
12
Nov
Will Container Shipping Face Overcapacity in 2025? Container shipping faces potential overcapacity according to market outlook assessments. S&P Global reported that carriers expect a 9% growth in capacity against a 3% rise in cargo volume in 2025. BIMCO’s forecast indicates…
