DHL – Ocean Freight Market Update, May 2025
Summary
The main theme of the report concerns updates and analysis of the ocean freight market status for May 2025.
Key findings include revised proposals by the US Trade Representative for a Section 301 investigation, the introduction of the Mediterranean as an emission control area (ECA) for sulfur oxides requiring low-sulfur fuel usage, stabilization of rates at current levels with expected further volatility, increased cancellations and delays due to port congestion in Europe, and global GDP growth forecasts for 2025 and 2026 at 2.2% and 2.4% respectively, with container shipping growth forecasts reduced to -1% in 2025.
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