OSLO : 10 days ago on 11 May, businesses were caught in a tariff limbo amid dramatic decreases in container shipping demand on the major trade from China to the US. The fact there
OSLO : “The US-China announcement on the temporary lowering of tariffs fired the starting gun for shippers to rush as many imports as they can during the 90-day window of opportunity. “There is no
OSLO : Average spot rates from Far East to US East Coast and US West Coast remain flat since 15 March after falling 47% and 56% respectively since 1 January. Average spot rate from
NEW JERSEY : U.S. government pushback against China’s growing dominance in the shipbuilding industry that began under President Joe Biden is being escalated by the Trump administration as part of the president’s widening global
LONDON : The US Trade Representative’s (USTR) proposal to charge up to $1.5 million to Chinese-owned ships entering US ports could cause severe congestion and delays to supply chains, according to shipping analysts. Peter
OSLO : Donald Trump returned to the White House this week and, perhaps unsurprisingly, raised more questions than answers regarding his America First policy towards trade and import tariffs. Below, Xeneta Chief Analyst Peter
OSLO : Xeneta, the global reference for ocean and air freight rate data and intelligence, has announced changes to its Board of Directors. Marie-Pierre Rogers has been appointed as the new Chair, succeeding Birger
SINGAPORE : According to industry data, the demand for Ultra Large Container Vessels (ULCVs) has decreased as shipping companies shift to smaller, more versatile vessels to accommodate changing trade patterns. The redirection of global
HOUSTON : Union dockworkers and representatives for US Gulf and East Coast ports are expected to resume negotiations on a new master contract on 7 January, just more than a week ahead of the
OSLO ; Donald Trump’s victory in the US 2024 presidential election is a will likely disrupt industry for international trade as importers fear another spike in ocean container shipping freight rates, according to ocean