Shipowners and charterers are altering leasing contracts to cope with the multi-million dollar port fees expected to be imposed on Chinese-built vessels by the Trump administration, according to people familiar with the matter.
https://gcaptain.com/shipowners-are-adjusting-contracts-for-us-tax-on-china-vessels/
Comments regarding proposed punitive U.S. port fees on Chinese-operated and -manufactured cargo ships continue to roll into the Office of the United States Trade Representative, which is holding hearings on the matter this week in Washington.
The fees, which can run as high as $1.5 million per ship per call, are designed to help underwrite a revival of the U.S. shipbuilding industry and fight China’s unfair trade practices.
China in 2024 for the first time assumed the top position among...
The Port of Los Angeles maintained its robust momentum into February, building on a record-breaking start to the year.
The port handled 801,398 twenty-foot equivalent units, marking a 2.5% increase compared to the same period in 2024 and the second-busiest February in the port’s history.
This impressive performance is part of a larger trend of year-over-year cargo growth in 17 of the past 19 months.
Breaking down the February figures, loaded imports reached 413,236 TEUs, a slight 1% increase from...
https://www.freightwaves.com/news/port-of-los-angeles-sees-strong-container-volumes-in-february
A plan by the Trump administration to introduce fees on the use of Chinese commercial ships is likely to damage the US economy and may fail to reverse China’s shipbuilding dominance, a top shipping trade group said.
https://gcaptain.com/shipping-trade-group-says-trump-port-fee-plan-will-hurt-us/
Un nuevo informe del Instituto Global McKinsey revela que las tensiones geopolíticas están reestructurando los patrones comerciales globales, con Estados Unidos y China en el centro de la realineación. El análisis, que examina los datos comerciales hasta 2024, muestra que las economías se operan...
A new report from the McKinsey Global Institute reveals that geopolitical tensions are reshaping global trade patterns, with the United States and China at the center of the realignment. The analysis, which examines trade data through 2024, shows that economies are increasingly trading more with geopolitically aligned partners and less with rivals.
The report cites ongoing U.S.-China trade tensions and Russia’s invasion of Ukraine as key drivers of the trend. “The most significant ongoing shift...
Se pronostica que las importaciones permanecerán elevadas en los principales puertos de contenedores de EE. UU. A medida que los cargadores intentan mantenerse un paso por delante de los gravámenes sobre China y otros países productores, según el informe de Global Port Tracker publicado el lunes por la Federación Nacional de Minoristas y Asociados de […]
Esta entrada Los aranceles de Trump ven a los minoristas que impulsan las importaciones de contenedores estadounidenses Aparece primero en FullA...
Imports are forecast to remain elevated at major U.S. container ports as shippers try to stay a step ahead of levies on China and other producer countries, according to the Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates.
There’s no end in sight for monthslong frontloading, which has carried through from late last year into 2025.
United States ports covered by Global Port Tracker handled 2.14 million twenty-foot equivalent units in December,...
https://www.freightwaves.com/news/trump-tariffs-see-retailers-boosting-us-container-imports
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade war.
https://gcaptain.com/maersk-sees-global-container-market-growth-despite-trade-war/
Trans-Pacific container rates eased in the most recent week as Chinese manufacturing and logistics activity wound down for the Lunar New Year holiday, which began Wednesday.
Asia-U.S. West Coast ocean rates fell 7% to $4,938 per forty-foot equivalent unit for the week ending Jan. 24, according to the Freightos Baltic Dry Index.
Asia-U.S. East Coast prices declined 1% to $6,656 per FEU.
Asia factories and associated logistics services close for the 15 days of Lunar New Year.
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https://www.freightwaves.com/news/asia-us-ocean-rates-trend-lower-amid-trump-tariff-threats