Hapag-Lloyd, Maersk, and CMA CGM announced new Peak Season Surcharges (PSS) of up to $2,000 per container on key routes from Asia to North/Latin America, citing tariff-driven market volatility. SCFI data shows US trade lane rates dropping 4.8% as shippers halt bookings.

The US will impose fees of up to $50/net ton on China-built/owned vessels calling at American ports, following a Section 301 investigation. Revenue will fund the revival of the US shipbuilding industry, with LNG carrier restrictions phased in by 2028.

Maersk will implement Peak Season Surcharges (PSS) of 1,000−2,000 per container from select Far East regions to North America starting May 15, excluding Mainland China/Hong Kong. The move comes as US tariff uncertainty triggers a global container crunch.

During French President Macron’s visit to Egypt, CMA CGM announced the acquisition of a 35% stake in October Dry Port, strengthening its logistics network. The move complements its existing operations in Alexandria and the upcoming Sokhna terminal.

Brazil has begun construction of Porto Central, Latin America’s largest container terminal, featuring 20m-deep berths for 24,000 TEU vessels. The project aims to cut logistics costs by 30%, boost Brazil’s global trade competitiveness, and create 12,000 jobs

U.S. container bookings plummet 64% as Trump's tariffs trigger 'trade freeze.' China retaliatory measures coincide with 49% drop in orders, hitting apparel (-59%) and textiles (-57%). Farmers warn of bankruptcy risks amid trade war escalation.

Transshipment via ASEAN helps Chinese exporters bypass U.S. tariffs (e.g., 216% furniture duties) by rerouting goods through Malaysia/Thailand with new origin docs, cutting costs legally under WTO rules.

Maersk has issued a critical advisory regarding sweeping tariff changes between the U.S., China, and EU, effective immediately. These changes create unprecedented trade barriers, with cumulative tariffs reaching 145% on some U.S.-China trade lanes, while the EU prepares retaliatory measures against

Key UpdatesNew Tariff Rate: 145% (125% "reciprocal tariff" + 20% existing fentanyl-related duties)Effective Immediately: Applies to all Chinese imports, retroactive to shipments not cleared by May 27.Global Impact: US grants 90-day tariff pause for 75 trading partners (rate cut to 10%), but singles

Trump’s retaliatory tariffs have disrupted 35–40% of China-US shipments and 30% of Vietnam-US cargo, with e-commerce volumes halved. Carriers hold rates steady but cut sailings, forecasting 10%+ annual volume drop. A pre-tariff rush (for goods shipped before April 9) offers brief relief, but long-term contracts face renegotiation as spot rates dip below $2,300/FEU to the US West Coast.