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Finance & Markets

Can carriers avoid overcapacity in 2027?

Earlier this week, Drewry hosted one of its regular webinars examining the outlook for the container shipping market and the forces shaping the supply-demand balance in 2027. We also polled attendees on two questions: how they expect the market to evolve next year, and which factors will ultimately determine whether it tips into overcapacity. The ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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US suspends Chinese vessel port fees for 2 months, will accept public comment

The US Trade Representative (USTR) will take public comment through 30 October and is suspending the implementation of port fees for Chinese vessels by two months as officials from both countries…

  • US Trade Representative suspends Chinese vessel port fees for 2 months
  • Fees were set to begin November 10th, now delayed to January 9th
  • Decision pending public comment and further Chinese negotiations

Asia-US container rates mixed as capacity tightens, import demand slows; tanker rates mostly higher

Rates for shipping containers from east Asia and China to the US were mixed this week as capacity on the trade lane is expected to tighten slightly and import demand is expected to ease.

  • Container rates between Asia and US tighten, import demand slows
  • Drewry rates drop 6% from Shanghai to LA, 5% from Shanghai to NY
  • US chemical tanker freight rates rise, space for larger parcels scarce

More from Sunday 1 November →