 Blanked sailing refers to cancelled port calls or voyages. |
Source |
American Shipper |
Post Date |
08/11/2025 |
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Logistics major DHL noted that spot rates, which rose in the early summer surge of traffic from Asia to North America, have since reversed.
"Carriers rushed to add capacity on the transpacific to chase early gains, but oversupply is becoming apparent as the momentum fades," said Niki Frank, CEO of DHL Global Forwarding Asia Pacific.
Jarl Milford, maritime analyst at Veson Nautical, expects rates to decline steadily in the second half when more vessels are expected to enter the market.
"Ongoing uncertainty, including tariff policy and slowing global demand, adds continued pressure," Milford said.
Ocean Network Express, a joint venture between Japans Kawasaki Kisen Kaisha (9107.T), s new tab, Mitsui O.S.K. Lines (9104.T), s new tab and Nippon Yusen (9101.T), s new tab, said last week that "recent trade uncertainties further complicate visibility for the latter half of the fiscal year".
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