Sweeping new ‘Liberation Day’ tariffs set to be announced by President Donald Trump could significantly transform global shipping patterns, though experts predict limited immediate impact on near-term liner freight rates….
https://gcaptain.com/shippers-caught-in-the-crossfire-of-trumps-liberation-day-tariff-blitz/
Oslo, Norway – Wednesday, 2 April 2025 – Reciprocal tariffs announced by Donald Trump on ‘Liberation Day’ could prevent shippers from making important decisions on supply chains, but are not likely to cause an immediate spike in freight rates.
Peter Sand, Chief Analyst at Xeneta – the ocean and air freight intelligence platform – said: “Liberation Day will not feel very liberating for those shippers caught in the eye of the tariff storm. It is tough to make important decisions on your supply...
Focus on container shipping freight rates for imports to the US East and West from China this morning. Comments below.
Up by 9% ($322/FEU) and 16% ($383/FEU) respectively, Xeneta data shows.
In Xeneta’s Weekly ocean container shipping market update on 28 March https://www.xeneta.com/news/xeneta-weekly-ocean-container-shipping-market-update-28.03.25,
I commented on the situation like this:
“We live in a volatile market so, while the general direction of travel has...
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/
Amid a global supply chain wracked by geopolitical strife, trade wars and parochial upheavals, the prospective return of the world’s largest container operators to the Red Sea-Suez Canal route is good news for most of the Middle East, but could signal leaner times for ocean transport providers, an analyst says.
“The opening of the Red Sea will lead to a drop in container [purchase] prices and freight rates and a massive surge in container availability, putting pressure on NVOCC [non-vessel...
https://www.freightwaves.com/news/stay-flexible-in-a-convoluted-market-experts-tell-ocean-shippers
Trump Administration must urgently assess risks of severe supply chain congestion before imposing China vessel port fees, analysts warn
Read all about it here:
I believe that: “Ocean container carriers will take action to avoid the fees, such as calling at fewer ports, which could cause major congestion and delays in the US.“
A poll...
Amid growing concerns from shipping analysts, the Trump Administration’s proposed tariffs on China-built container ships are anticipated to significantly disrupt supply chains both in the United States and globally.
According to Peter Sand, Chief Analyst at Xeneta, these fees could lead to fewer port calls by ocean carriers in the United States, potentially resulting in major congestion and delays across American maritime gateways.
The prospect of U.S. port fees being imposed on Chinese-built ships is keeping shipping analysts busy. As we reported earlier, in response to a petition filed by U.S. unions back in March 2024, then U.S. Trade Representative (USTR) Ambassador Katherine Tai found in January, at the tail end of the Biden Administration, that China’s targeting the maritime, logistics, and shipbuilding sectors for dominance is actionable under Section 301 of the Trade Act of 1974. Now, under a new administration,...
https://www.marinelog.com/news/u-s-port-fees-on-china-built-ships-carriers-weigh-their-options/
OSLO, Norway – 27 February 2025 – Analysts warn proposed fees on China-built container ships importing goods into the US may have unintended consequences, including port congestion, increasing freight rates and shifts in global trade patterns.
The Trump Administration has announced plans for a USD 1 million fee every time a vessel operated by a China carrier enters a US port. The Federal Notice also threatens further substantial fees for China-built vessels operated by a carrier from...
Enquiries about index-linked contracts make up the majority of conversations that consultancy Xeneta says it is having with its clients as a volatile market un-nerves both shippers and carriers.
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https://container-news.com/flexible-contracts-reflect-market-uncertainties/