Policy uncertainty tests global trade resilience Shipping markets are entering a period of heightened uncertainty. Freight rates and secondhand prices are projected to normalise at significantly lower levels as early as this year. Freight rates are expected to come under pressure as fleet expansion outpaces demand, likely coinciding with a reduction in average voyage distances. Secondhand prices are likely to […]
The slow pace of the market introduction of sustainable Power-to-X (PtX) fuels – hydrogen and e-fuels produced using renewable electricity – is threatening climate protection efforts in international aviation and maritime transport in particular. In the face of climate change challenges and a global increase in demand for fuels, governments should take a more active role in increasing the production […]
In a significant shift, the U.S. Trade Representative (USTR) has revised its plans regarding port fee regulations targeting Chinese carriers and shipyards, with enforcement starting on October 14th , 2025. Carriers can replace affected Chinese-built vessels with fee-exempt ships over the next 180 days. COSCO and other Chinese carriers can avoid fees by using slots on exempt vessels from their […]
This report analyses the state of international maritime trade and port activity in Latin America and the Caribbean for the period 2023–2024. It highlights recovery trends, structural challenges and new disruptions impacting the sector. Consistent with the analysis in the previous report, this report examines the effects of global events, such as the coronavirus disease (COVID-19) pandemic and persistent geopolitical […]
This report describes a deep investigation into the technology pathways needed for a number of different 1.5°C aligned transitions to zero and near-zero GHG emissions in international shipping, in order to understand their relative costs and potential impacts, and to inform the revision of the IMO strategy and the adoption of further policy measures. The study focused on modelling three […]
On 17 April, the US Trade Representative, released his report on the US Chinese-nexus port fees. Here are the details of the new fee scheme. The stated purpose of the fees is to reverse Chinese dominance of shipping, to address threats to the US supply chain, and to provide an incentive for building more ships in the US. The fee […]
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