News

This morning we had the pleasure of listening to Francis Tan and Mike King talking about trade tariffs and how they will affect our businesses.

Currently it is fair to say that no one knows quite how this will affect container shipping in UK - so this webinar was probably more helpful to freight forwarders for now. But once vessels are moved from Transpac trades it will start affecting us all - container shortages even (perhaps).

You can listen to it in full or by using the bullet points to get to the salient points here... https://fathom.video/calls/287868050?tab=summary

Enjoy!

The impact of the US tariff war continues to have a direct impact on container shipping operations, as the number of cancelled sailings on the Transpacific trade increased drastically yet again this past week.

When we look at the data, it is quite evident that the impact of the trade war has caused many shippers to pause, or outright cancel, shipments. This in turn reduces demand for capacity on container vessels, to which carriers respond by cancelling sailings.

Figure 1 shows scheduled blanked capacity as a percentage of planned capacity on Asia-North America East Coast, for the weeks in the period from March 24 to May 12, as it was scheduled at different points in time, during weeks 12-16. The purple line shows the scheduled blanked share as recorded in the past week (week 16).

In week 12 (dark blue line), the scheduled blanked share was 0% in most weeks…