We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. Read our Privacy Policy and Terms & Conditions.

Manage Your Cookie Preferences

Follow these instructions to manage cookies in your preferred browser:

For more details, please review our Privacy Policy and Terms & Conditions.

SCM TOP WORLD NEWS

Empty Sailings Spike in Wake of Tariff Wars

Public Relations

Blank sailings — when container lines skip scheduled port calls due to low freight demand or equipment shortages — have jumped since the world’s two largest economies launched opposing tariff wars.

Sea-Intelligence, which provides maritime data and analysis within the global supply chain industry, called the increase “staggering” and projected exporting shippers will move up to 42% less cargo from Asia to the U.S. by the end of April.

After the U.S. imposed 145% tariffs on goods imported from China in early April, the nation responded with 125% tariffs on U.S. exports.

“It is evident that the impact of the trade war has caused many shippers to pause, or outright cancel, shipments. In turn, this reduces demand for capacity on container vessels, and carriers respond by cancelling bookings,” Sea-Intelligence wrote.

Read More at Splash247

Apply Now
GDPR Cookie Consent

We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. Read our Privacy Policy and Terms & Conditions.

Manage Your Cookie Preferences

Follow these instructions to manage cookies in your preferred browser:

For more details, please review our Privacy Policy and Terms & Conditions.