Dynamar

Pause in China-US trade war complicates shipper options

An agreement between Chinese and US negotiators to reduce tariffs by 115% and hold fire in their trade dispute for 90 days has further complicated shippers’ logistical choices, as carriers also consider the outcome of the weekend’s discussions in Switzerland.

US Trade Secretary Scott Bessent and China’s Vice Premier He Lifeng were locked in negotiations over the weekend following the ramping up of rhetoric over trade and tariffs in the last few weeks that saw import duties of 145% imposed on...

https://container-news.com/pause-in-china-us-trade-war-complicates-shipper-options/

Recession looms as tariffs turn trade upside down

Tariffs are driving global markets into recession, succumbing to the inevitable supply and demand imbalance as carrier capacity rises and demand diminishes.

Shipping lines are struggling to maintain a balanced trade, having already withdrawn some 434,000 TEUs of Pacific capacity in week 16, with more cuts to come on 1 May, according to Hong Kong consultancy Linerlytica, which added that utilisation on ships had also fallen by 5% on the vessels still operating.


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https://container-news.com/recession-looms-as-tariffs-turn-trade-upside-down/

Rate boost to be short-lived: Analysis

Container market analysts have said that the tariff and other regulatory drag imposed by Washington will mean this week’s incremental rate increase cannot last without a change in direction.

The US government’s tariff indecision has left trade prospects for this year hanging in the balance. Major tariffs this week were paused for 90 days, but analysts had expected that falling demand would result in a continuation of the recent trend that has seen rates fall by around 50% this year.


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https://container-news.com/rate-boost-to-be-short-lived-analysis/

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/

Box carriers adjust intra-Asia routes

Several container lines have announced changes in their intra-Asia services aiming to provide their customers with more efficient solutions.

According to Dynamar, Asean Seas Line has revived its Japan-China JPX2 service, which is operated by a single 1,100 TEU vessel.

The updated port rotation of the service is Osaka (Japan) – Kobe (Japan) – Hakata (Japan) – Qingdao (China) – Rizhao (China) – Osaka.

Additionally, Russian container carrier FESCO has extended its intra-Asia route, branded as FESCO...

https://container-news.com/carriers-intra-asia-routes/

Evergreen splits US$3 billion vessel order between South Korea and China

Taiwanese container shipping company Evergreen has placed a major order for 11 LNG dual-fuel container vessels, each with a capacity of 24,000 TEUs.

Evergreen has split its order between South Korea’s Hanwha Ocean (six vessels) and China’s CSSC Guangzhou Shipyard International (five vessels).

According to Dynamar, the deal is worth between US$2.9 billion and US$3.2 billion.

The consultancy described the switch to LNG as “a significant change of plan,” as Evergreen’s previously ordered vessels...

https://container-news.com/evergreen-splits-vessel-order-between-south-korea-and-china/

Vessel deliveries set to outpace growth in new year

Deliveries of new ships will double the excess capacity after Red Sea diversions have absorbed the vast swathe of new tonnage delivered this year, following the Houthi’s attacks on shipping passing close to its coasts.

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https://container-news.com/vessel-deliveries-set-to-outpace-growth-in-new-year/

US tariffs to give market short-term boost

Shippers and carriers will have awoken to a new reality today as the result of the US election became apparent it was clear that a new reality was also dawning, with low levels of unemployed vessels, and demand set to soar again.

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Mary Anne Evans
Correspondent at Large


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https://container-news.com/us-tariffs-to-give-market-short-term-boost/

Capacity imbalance sees boxshipping tilt to buyers’ market

Major disruptions in the container shipping market have conspired to bolster flagging rates, but the same market fundamentals seen a year ago apply today as shippers contemplate a cheaper 2025 and carriers face a bruising.

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Mary Anne Evans
Correspondent at Large


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https://container-news.com/capacity-imbalance-sees-boxshipping-tilt-to-buyers-market/

Container shipping braces for rate collapse

Colossal levels of newbuilding, waning demand and a discontented and resentful customer base is a recipe for a run on rates that had been expected last year but is now predicted to be only marginally affected by a United States East Coast port strike.

Global Shippers Forum (GSF) director James Hookham will tell a FIATA World Congress in Panama today (26 September) that shippers have had enough and will be fighting back against what they see as a poor service offered at extremely high rates with...

https://container-news.com/container-shipping-braces-for-rate-collapse/

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