Box shipping’s voyage of uncertainty expected to continue in 2025
Analysts expect freight rates to remain buoyed by geopolitical tensions, trade wars and labour disputes
DeeperDive is a beta AI feature. Refer to full articles for the facts.
CONTAINER shipping could be in for another year of market uncertainty in 2025, with some analysts expecting freight rates to remain buoyed by multiple factors ranging from geopolitical tensions and trade wars to labour disputes.
German logistics heavyweight DHL expects the freight market to remain volatile into 2025, and freight rates unlikely to drop down to pre-pandemic levels in the immediate future. This is because of the raft of factors at play, including possible new tariffs and labour disputes.
United States president-elect Donald Trump, who takes office in January 2025, is expected to wield a major influence on trade and the shipping sector as he has vowed to raise tariffs, such as on Chinese imports.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025