News

Industry Information

Hongde Dynamic

Export knowledge

Home page

Attention! The volume of cargo is decreasing! The freight rate is not decreasing! | Marine export logistics

Apr 28,2025

Drewry predicts that global container port throughput will fall by 1% due to US tariffs, the third decline in global container shipping demand. The two previous declines occurred during the global financial crisis in 2009 (down 8.4%) and early 2020 (down 0.9%).

Container shipping between China and the United States faces a huge challenge after the Trump administration imposed new tariffs on Chinese imports. A spokesman for Hapag-lloyd said customers had cancelled 30 per cent of shipments from China to the US. According to US media KRON4, in the three weeks since the US tariffs on China took effect on April 9, the volume of freight container bookings from China to the United States fell by 60%.

Source: KRON4 invasion and deletion

April 25, the Shanghai Shipping Exchange (SCFI) released the latest index of 1347.84 points, down 1.66% from the previous period. The fares for specific routes are as follows:

North American routes: Shanghai to the United States and Spain freight rate of $2141 / FEU, up 1.81%; The freight rate from Shanghai to the United States is $3,257 / FEU, up 0.18%.

Europe route: Shanghai to Europe freight rate of $1260 / TEU, down 4.26%; Shanghai to the Mediterranean rate was $2,129 / TEU, down 1.48%.

Image source: Shanghai Shipping Exchange Deleted

Despite the decline in cargo volumes, freight prices on North American routes have risen rather than fallen. Industry insiders analyzed the reasons for:

1. Shipping company strategy adjustments: Shipping companies take steps to stabilize shipping prices to maintain profits.

2. Potential demand is on the horizon: Many businesses are not shipping because of high tariffs, but have not abandoned the U.S. market and are watching the progress of China-U.S. trade negotiations.

3. Impact of capacity realignment: Some ship companies have moved US capacity to European routes, which indirectly supports North American rates.

At present, both the ship and cargo sides are on the sidelines, closely monitoring the progress of the China-US trade negotiations. Shipping market trends will be highly dependent on the evolution of China-U.S. trade relations, and all parties are waiting for clarity on the trade situation to formulate more accurate operational strategies.

Stop! The main east-west route has announced the cancellation of 75 flights, and blank flights are surging! | Maritime export logistics

Sudden! Massive explosion in Bandar Abbas, Iran! Emergency shutdown! | Maritime export logistics

Recommend

Hongde International | Iran Railway LCL Service, 1CBM Minimum Shipment, Ideal for Small Cargo

No Panic for Fast Fashion Seasonal Changes! US Air Freight + Express Door-to-Door, 1-2 Working Days Delivery

Make global trade unimpeded

COOKIES

Our website uses cookies and similar technologies to personalize the advertising shown to you and to help you get the best experience on our website. For more information, see our Privacy & Cookie Policy

COOKIES

required

These cookies are necessary for basic functions such as payment. Standard cookies cannot be turned off and do not store any of your information.

analyze

These cookies collect information, such as how many people are using our site or which pages are popular, to help us improve the customer experience. Turning these cookies off will mean we can't collect information to improve your experience.

Feature

These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third-party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

advertise

These cookies help us understand what you are interested in so that we can show you relevant advertising on other websites. Turning these cookies off will mean we are unable to show you any personalized advertising.

Contact Phone

18027165010

Address:

5/F, Building 22, Youli Electric Business Park, 199 Guangming South Road, Shiqiao Street, Panyu District, Guangzhou City