As global trade conditions continue to evolve, driven by shifting demand, regulatory and tariff changes, our goal is to help you stay ahead with insights across key aspects of your supply chain. Here’s the latest from our teams across ocean, inland, customs, warehousing, ground freight, and more....
https://www.hellenicshippingnews.com/maersk-north-america-market-update-may-2025/
The US tariffs on China, raised to 145% in early April, have caused a significant drop in China-US container flows and negatively impacted manufacturing in China. Consequently, US importers have paused orders from China, leading to fewer container ship arrivals and lower import volumes. Concerns...
https://www.hellenicshippingnews.com/baltic-exchange-container-report-week-19/
Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump’s punishing tariffs on the world’s top exporting country collapse trade, maritime consultants said. The ships on those routes have the combined...
LNG The LNG freight market saw a mixed week, with softening in the Atlantic basin contrasting with a steadier Pacific performance. While Pacific spot earnings held firm or improved slightly, the Atlantic faced rate pressure. On the BLNG1 Australia to Japan route, 174k cbm vessels held steady at...
https://www.hellenicshippingnews.com/lpg-shipping-rates-on-the-rise/
Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid efforts to stop the slide in prices, but capacity could surge and put downward pressure on rates if the Red Sea ceasefire holds. On 6 May, US president Donald Trump...
Clean LR2 MEG LR2’s took a downturn this week. The TC1 75Kt MEG/Japan index dipped from WS123.33 to WS110.56 and a TC20 90kt MEG/UK-Continent lost $231,250 to $3.25 million. West of Suez, Mediterranean/East LR2’s were flat by comparison with market reported as quiet and came down a modest $35,000...
https://www.hellenicshippingnews.com/tankers-vlcc-market-retreated-last-week/
Mitsui O.S.K. Lines, Ltd. has agreed to acquire a 10% stake in CI Fengmiao Ltd from Copenhagen Infrastructure Partner P/S (CIP; Partner and Head of Asia-Pacific: Thomas Wibe Poulsen; Headquarters: Copenhagen), a Danish renewable energy fund, in order to gain insights by participating in the...
As we move further into 2025, the Asia Pacific logistics landscape continues to be shaped by geopolitical developments, evolving trade policies, and shifting demand patterns. While ocean and air freight volumes remained resilient in early Q1, new tariff regimes and market uncertainty are beginning...
https://www.hellenicshippingnews.com/maersk-asia-pacific-market-update-may-2025/
Capesize The Capesize market remained in negative territory throughout the short week, with limited signs of recovery across both basins. The BCI 5TC fell by $3,072 week-on-week, closing at $14,169 on Friday. A trans-Atlantic voyage reported midweek featured a shorter duration but yielded a low...
As ammonia gains traction as an alternative marine fuel, increasing attention is being given to the stringent handling requirements necessary for its safe adoption. Together with industry partners, also contributing with long-term experience in handling ammonia safely, DNV has developed a new...
https://www.hellenicshippingnews.com/managing-the-safe-use-of-ammonia-as-a-marine-fuel/