Author: Shipco News Desk

Newsletters

Limited Relief in Sight as European Ports Struggle with Delays, Labor Shortages

Port congestion across Europe continues to worsen, with Bremerhaven facing severe labor shortages and few alternatives for shippers. Forwarders report average wait times of five to six days, depending on the destination.  Maersk has extended its contingency plan through the end of May, citing a sharper-than-expected drop in available labor during recent holidays such as

Read More »
Newsletters

Record $90 billion Trade Surplus from Chinese Export Shift to Europe

China’s growing trade surplus with the European Union (EU) continues to raise concerns that the region is becoming a target for redirected exports. In the first four months of 2025, China’s trade surplus with the EU reached a record $90 billion, driven by a combination of tariff pressures from the U.S. and favorable currency conditions.

Read More »
Newsletters

Red Sea Attacks on Pause, but Risks Remain for Shipping

A ceasefire deal brokered by Oman between the U.S. and Yemen’s Houthi forces has raised cautious optimism for the shipping industry. Under the agreement, Houthi groups will stop attacking vessels in the Red Sea and Bab al-Mandab Strait. However, they have stated that their campaign against Israel will continue. Security experts warn it is too

Read More »
Newsletters

India, Pakistan Halt Cargo Transit After Kashmir Attack

India and Pakistan have imposed mutual bans on cargo transiting through their respective ports . This follows the April 22 attack involving tourists in Kashmir. India’s full cargo ban on all goods originating in or exported from Pakistan took effect on May 2. Pakistan countered with a similar ban, allowing only pre-cleared shipments already in

Read More »
Newsletters

“We’re in Coin-Flip Territory”: Drewry Shipping Outlook

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

Read More »
Newsletters

Port of LA Projecting Significant Import Cargo Drop off

According to the Port of Los Angeles, import volumes are expected to drop by 35% starting the week of May 5th. CNBC reported Gene Seroka, the port’s executive director, saying this was due to the impact of tariffs on Chinese goods and explained that many large U.S. retailers have halted shipments from China in response

Read More »
Categories
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.