Friday, June 20, 2025
Home News World's Biggest Shipping Market Booms as Trade War Shrugged Off (Bloomberg)

World’s Biggest Shipping Market Booms as Trade War Shrugged Off (Bloomberg)

Will somebody please tell commodity shippers there’s a trade war going on?

Whether it’s the price of hiring giant freighters to haul hundreds of millions of tons a year of iron ore and coal, or smaller carriers moving grains, there’s a theme emerging: dry-bulk shipping rates are rallying despite an escalating trade war that may yet damage China’s economy.

“Freight traders don’t believe in that,” said Eirik Haavaldsen, a shipping analyst at Pareto Securities AS in Oslo. “They don’t see that weakness. They are not afraid of China slowing down, or a massive drawdown in inventories.”

There are two main reasons why commodity shipping markets aren’t yet feeling the pinch, according to Espen Fjermestad, who follows shipowners at Fearnley Securities in Oslo. The first is that China’s economy is so far proving resilient, the second is that direct trade between the U.S. and the Asian country is relatively small within the context of overall commodity shipping demand.

Read more on Bloomberg.





Latest Posts

C.H. Robinson unveils AI Agent to support shippers ahead of LTL freight classification changes

C.H. Robinson has introduced a new AI-powered agent designed to help shippers adapt to the upcoming overhaul of the National Motor Freight Classification system...

Port Houston welcomes federal funding boost for Houston Ship Channel Expansion

Port Houston has expressed strong support for the inclusion of US$161 million in the President’s Fiscal Year 2026 budget for the Houston Ship Channel...

ANL announces general rate increase

ANL announces a general rate increase due to rising operational costs driven by ongoing port congestion, container equipment imbalance, and strong global demand. This will...

11th ShipIT Conference 2025: Where Maritime Industry Meets Cybersecurity and Innovation

On Tuesday, September 30th, 2025, the 11th ShipIT Conference sets sail once again from the “PLOES” venue in Paleo Faliro, Athens, placing at the...

Oil slick forming after two-tanker collision in Oman gulf

Greenpeace Middle East and North Africa (MENA) has warned of a potential environmental disaster after two crude oil tankers collided between Iran and the...
error: Content is protected !!