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Category: News

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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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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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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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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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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Market Review – February 2025

As we progress through Q1 2025, the global freight market is adapting to changing demand patterns, regulatory shifts, and economic pressures. Air cargo rates remain firm, defying expectations of a post-Lunar New Year decline, while ocean freight continues to experience…

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New US trade tariffs threaten UK and EU industries

The US government’s latest trade measures could disrupt industries across the UK and Europe, as new tariffs on key exports loom. The proposed 25% levy on cars, pharmaceuticals, and semiconductors is set to drive up costs and reshape global supply…

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Uncertainty keeps shipping lines away from Suez Canal

Global container shipping lines remain hesitant to return to the Suez Canal despite hopes that a Middle East ceasefire might ease Red Sea security. While the canal offers a faster and more economical route, persistent security risks and soaring insurance…

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