Evergreen Marine Corporation, Yang Ming Marine Transport and Wan Hai Line announced their first-quarter 2025 financial results.

The booking volume of the company's China-Us routes increased by 50% month-on-month at the beginning of this week, far exceeding the market's inertial fluctuation range. The container booking volume from China by US importers soared by 277%.

Spot freight rates have soared sharply, and shipping companies have significantly adjusted their capacity deployments. Some originally postponed route plans have also been urgently initiated.

Due to the reduction in tariffs, freight rates on the North American route have risen. The freight rates per FEU from the Far East to the West Coast and the East Coast of the United States have increased by 31.7% and 22% respectively.

Due to the ongoing geopolitical tensions between India and Pakistan, French shipping company CMA CGM announced a series of network adjustments on May 13th.

After the imposition of additional tariffs, the adverse effects of market predictions on freight rates did not immediately manifest. A slight increase against the trend has become the current situation of freight rates on the Trans-Pacific route.

The Suez Canal Authority (SCA) has announced a 15% discount on transit tolls for container ships with a net tonnage of 130,000 tons or more passing through the Suez Canal.

The Trump administration of the United States is considering a proposal to establish an international ship registration system in the United States Virgin Islands (USVI), aiming to expand the size of small commercial fleets flying the American flag.

The measures taken by the United States and China to lower each other's import tariffs and conduct negotiations have been widely welcomed by the market, but the easing of the situation has done little to help restore trade in energy commodities.

Seaspan, the world's largest independent container shipowner headquartered in Canada, recently spent 210 million US dollars to purchase two 7,000 CEU liquefied natural gas (LNG) dual-fuel vehicle carriers (PCTC).