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Category: News

Trade Shifts and Tariffs Distort Ex-Asia Shipping

A global shift in trade flows, triggered by a surge in tariff-driven demand on the transpacific, is putting fresh pressure on Asia–Europe container shipping markets, where carriers are already battling significant supply-demand imbalances and falling spot rates. The redirection of…

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UK Trade Deals: New Global Opportunities for Importers and Exporters

The UK has taken significant steps to strengthen its global trading relationships, concluding three key agreements in May with the European Union, the United States, and India. These deals are set to reduce friction at the border, lower tariffs, and…

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US Port Fees Could Redraw Global Shipping Alliances

New fees and penalties risk fragmenting partnerships—and raising costs for UK importers Global shipping alliances are coming under unprecedented strain as US regulators move forward with sweeping new port fees and vessel penalties that target links to Chinese shipbuilders. The…

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Hong Kong air cargo market stays resilient despite seasonal shifts

Demand in Hong Kong’s air cargo market demonstrated resilience last month, with freight rates holding steady above 2023 levels despite seasonal slowdowns and geopolitical uncertainties. Data analytics from the sector shows that airfreight prices from Hong Kong to key international…

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Renewed threat to Red Sea container shipping

The security of container shipping via the Red Sea for the Suez Canal faces renewed uncertainty after Houthi militants issued a warning that attacks on vessels could resume within days. The ultimatum, delivered in a televised address on 8 March,…

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European ports face congestion from Alliance changes

Ports across Europe are grappling with severe congestion, as a combination of shifting shipping alliances, labour strikes, and overburdened terminals disrupts trade flows. Delays are escalating at key gateways in both Northern Europe and the Mediterranean, leaving shippers and logistics…

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Evolving market realities in container shipping

Container shipping is in a state of transition as carriers refine their strategies to align with shifting trade patterns. While recent fluctuations in spot rates suggest ongoing market adjustments, overall demand remains steady, ensuring a strong volume of container movements…

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Trump’s 90-day Tariff freeze excludes China

China, excluded from the suspension of retaliatory tariffs for 90 days, now faces a steep 125% tariff on exports to the US. In response, Chinese exporters have slashed shipments, increased prices, and rerouted goods to other markets. As the shock…

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