Drewry

Industry struggles to navigate volatile market

An active and constantly changing market is proving tough for the industry to navigate as rates slide further and utilisation is falling, though month-on-month volume figures show slight increases.

With the Pacific contract negotiations in full swing, the carriers are desperately attempting to bolster failing spot rates on the most lucrative trade with capacity cuts.

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https://container-news.com/industry-struggles-to-navigate-volatile-market/

Geopolitics, tariffs and war result in rates bloodbath

A rates bloodbath is shaping up as fundamentals in supply and demand finally overwhelm the black swan events that have seen shipping lines bank hundreds of billions in profits since 2020.

According to Xeneta chief analyst Peter Sand, freight rates have declined by 50-70% since last July and the rate of decline has significantly accelerated in February.

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https://container-news.com/geopolitics-tariffs-and-war-result-in-rates-bloodbath/

US Tariffs on China-Built Boxships Poised to Disrupt Supply Chains and Exacerbate US Port Congestion

Amid growing concerns from shipping analysts, the Trump Administration’s proposed tariffs on China-built container ships are anticipated to significantly disrupt supply chains both in the United States and globally.

According to Peter Sand, Chief Analyst at Xeneta, these fees could lead to fewer port calls by ocean carriers in the United States, potentially resulting in major congestion and delays across American maritime gateways.

https://container-news.com/us-tariffs-on-china-built-boxships-poised-to-disrupt-supply-chains-and-exacerbate-us-port-congestion/

Drewry tests new year quotes as tariff impositions and GRIs spell the way forward

The Drewry World Container Index (WCI) registered a 6% weekly fall (over 15% for the fortnight) recording US$2,629, its lowest since the 60% jump recorded to touch US$2,670 in its first quote of 2024.

In essence, these are the lowest ever quotes recorded for the WCI in the post Red-Sea Disruption age. Most key trade lanes have indeed reverted to a 12-month low on prices, with the major share of spoils for the latest quotes coming in from the Asia-US trade.

The Asia-US East Coast numbers indicated...

https://container-news.com/drewry-tests-new-year-quotes/

Drewry survey indicates optimism for Red Sea shipping

Amidst the recent developments concerning shipping activity through the Red Sea, a new industry survey conducted by maritime consultancy Drewry highlights cautious optimism within the shipping community.

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https://container-news.com/drewry-survey-optimism-red-sea-shipping/

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