US policy set to reconfigure global trading patterns

An analysis of the current US trade policy is pointing to major upheavals of supply chains as shippers look for alternative solutions to minimise tariff and Section 301 port fee impacts on costs.

Philip Damas, MD, head of supply chain advisors, at Drewry Shipping Consultants said that freight from China and 14 mainly Asian countries is set to fall, from a total of 22 million teu in 2024, by some 4.5 million teu from China this year, and by about 0.3 million teu from other countries.

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https://container-news.com/us-policy-set-to-reconfigure-global-trading-patterns/

Small parcel exports to be hit by Trump policies

Single shipments out of China will be one of the hardest hit industries as consolidation in containers for single parcels will no longer be exempt from duty, and essentially, customs-free shipments will lose that status on 2 May.

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https://container-news.com/small-parcel-exports-to-be-hit-by-trump-policies/

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/

Container shipping facing uncompromising economic reality

Shifts in services on key trade lanes are heralding the first frost of an economic winter that promises to be severe and could be aggravated by the windchill factor blowing in from the States.

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https://container-news.com/container-shipping-facing-uncompromising-economic-reality/

US tariff wars are “all about China”

Donald Trump’s instigation of a second trade war with America’s key trading partners is all about stopping China, according to maritime analyst Xeneta.

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https://container-news.com/us-tariff-wars-are-all-about-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/

Direct services are solution to congestion and capacity dilemmas

Shipping lines are extending their direct call services in an effort to absorb excess capacity and maintain schedules as port congestion in both Asia and Europe takes hold following the Houthi attacks on shipping.

Consultancy MDS Transmodal has conducted an analysis of vessel deployment and new services which reveals that carriers are deploying vessels in direct services with fewer port calls in an effort to avoid delays through congestion, helping them to maintain schedules better.

Analyst...

https://container-news.com/direct-services-are-solution-to-congestion-and-capacity-dilemmas/

Asian ports hit by Red Sea backlogs

The Red Sea crisis is challenging Asian ports as congestion with “echoes of the pandemic” is seen in Asia and the Middle East with analysts warning backlogs could also spread to European facilities.

Container ship diversions avoiding the Red Sea and Suez Canal are in a continuous state of flux, changing port calls and vessel sizes as carriers adjust Asia to Europe rotations to cope with demand.

These fluctuations, along with unexpected weather events and higher volumes, and holidays, including...

https://container-news.com/asian-ports-hit-by-red-sea-backlogs/

Maersk Joins Rivals In Softening Contract Conditions

Credit: shaah-shahidh-unsplash

Ocean carriers are tempting BCOs with a wide range of new, flexible, long-term contract options  after shippers complained of being “burned” by committing to rigid, says an article published on The Loadstar.

Long-term contract

Last year, shippers were presented with ‘take it or leave it’ fixed-rate long-term contract options by carriers against a backdrop of very strong demand and an acute shortage of equipment and vessel capacity.

Significant disadvantage

But as...

https://mfame.guru/maersk-joins-rivals-in-softening-contract-conditions/