Month: May 2025

The U.S. and Yemen’s Houthis have agreed to a ceasefire in a deal brokered by Oman. The Houthis will stop attacking vessels in the Red Sea and Bab al-Mandab Strait but say their campaign against Israel will continue. Experts warn that it is too early to expect safe shipping conditions as the region is “far

According to Vincent Clerc, CEO of Maersk, container imports into the U.S. from China have decreased by 30% to 40% following the implementation of steep tariffs. This decline has pressured U.S. retailers to identify alternative sources for their inventory. Businesses are now sourcing inventory from Mexico, Canada, and vendors in the U.S., while awaiting clarity

India and Pakistan have prohibited each other’s cargo from transiting through their respective ports following the April 22 attack involving tourists in Kashmir. India issued a full ban on all goods originating in or exported from Pakistan, citing national security. The restriction took effect immediately on May 2. Pakistan countered with a similar ban but

Persistent congestion continues to impact Northern Europe’s key container ports of Antwerp, Rotterdam, Hamburg, and London Gateway. According to a global forwarder’s visibility platform, this is causing “heavily disrupted operations”. The delays are driven by a combination of full terminal yards, labor shortages, strike activity, restricted inland transport and changes in alliance networks. Additionally, the

The container shipping industry faces deep uncertainty amid a weakening global trade outlook. The International Monetary Fund (IMF) has cut its U.S. GDP forecast for 2025 to 1.8%, down from 2.7% projected earlier this year. The World Trade Organization (WTO) also expects global merchandise trade to shrink by -0.2% this year. Maritime analyst Drewry has