Port congestion shows strain on chaotic container market

Port congestion, particularly in northern Europe, is raising concerns of increasing delays and rising port charges as ports struggle to handle an increase in trade and the number of vessels calling at terminals.

An increasingly complex and chaotic global market is heightening the levels of uncertainty and producing counter-intuitive shifts in rates as carriers shift capacity from major Asian ports to US trades, into European services experiencing a rise in demand, but a decline in spot rates.


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https://container-news.com/port-congestion/

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Shipping lines are struggling to maintain a balanced trade, having already withdrawn some 434,000 TEUs of Pacific capacity in week 16, with more cuts to come on 1 May, according to Hong Kong consultancy Linerlytica, which added that utilisation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/

Boxship chartering interest turns to feeder vessels

With almost all larger boxships having been snapped up in the charter market, shipping lines are turning their attention to the smaller ships.

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GRIs and blank sailings halt long-haul rate slide

Mainline operators achieved their first rate gains of 2025 by implementing general rate increases (GRIs) for 1 April, according to Linerlytica’s report.


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https://container-news.com/gris-and-blank-sailings-halt-long-haul-rate-slide/

Shippers turning to futures and longer-term contracts to manage risks

Daily turnover of Asia-North Europe (EC) container freight futures traded on the Shanghai Futures Exchange has reached US$1.5 billion.

Speakers at the “Navigating the Volatility of Container Freight Rates” conference in Singapore today (24 March), said that years ago, interest in such futures wasn’t high, but disruptions caused by the Covid-19 pandemic, the blockage of the Suez Canal with Ever Given in March 2021, the Red Sea crisis and geopolitical tensions, have made it necessary to hedge...

https://container-news.com/shippers-turning-to-futures-and-longer-term-contracts-to-manage-risks/

Container lines still hesitant about returning to Red Sea

All mainline operators are sticking to detours round the Cape of Good Hope, according to Linerlytica’s analysis.

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https://container-news.com/container-lines-still-hesitant-about-returning-to-red-sea/

Trump’s new tariffs unlikely to reverse trade deficit

Tariffs that the Trump 2.0 administration is imposing on Chinese imports would not reverse the US’ deteriorating container trade imbalance with China, according to Linerlytica’s report.

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What a difference a year makes

Red Sea diversions were in their infancy in January last year and followed a series of major industry challenges, including the pandemic, the Ever Given crisis, the US/China trade dispute, the Panama Canal drought and, last but not least, the Ukrainian war.

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Transpacific rate rebound gives box lines upper hand in contract negotiations

Transpacific rates have shot up ahead of an increasing likely industrial action by US East Coast port workers. This will give mainline operators bargaining power when discussing 2025 contract rates, according to Linerlytica’s report.

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