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The trade situation has worsened, and Marine Transportation giant Maersk has lowered the Global container market growth forecast.
Maersk stated that due to the "increased uncertainty in the macroeconomic and geopolitical landscape," the company's market growth forecast for 2025 has been revised down from the previous "approximately 4%" to a Range of "-1% to 4%."
The significance of the decline in Global shipping data: The Federal Reserve will lower interest rates later, and global growth is expected to worsen in the next year or two.
Morgan Stanley stated that historically, tariff policies usually push up prices after a few months and slow down economic growth after several quarters. The decline in shipping data confirms that this disruption is happening, and its effects have not fully manifested yet, which supports Morgan Stanley's view that the Federal Reserve should remain patient, contrary to the market's expectations for a rate cut in June.
Mitsui O.S.K. Lines' Earnings Reports have crashed, and fears over tariffs are spreading, leading to a sharp decline in the stock prices of Japan's three major shipping companies.
On Wednesday, Japan's shipping Sector was under pressure, with Mitsui O.S.K. Lines, Kawasaki Kisen Kaisha, and Nippon Yusen Kabushiki Kaisha once dropping over 10%. The cause was Mitsui O.S.K. Lines issuing a performance forecast for 2026 that was far below expectations. The company warned that US tariff policies would suppress freight demand, putting prices under downward pressure. Analysts warned that Mitsui O.S.K. Lines' guidance indicates that the situation might be more dire than expected.
"Immediate action"! Trump seeks free passage for US ships through the Panama and Suez Canals.
Trump arrogantly claimed that without the USA, neither Panama nor the Suez Canal would "exist." He has ordered Secretary of State Rubio to take measures "immediately."
USA ships should have free passage! Trump "once again made a comment": Without the USA, the Panama and Suez Canals would not exist.
On Saturday, Trump suddenly declared that USA commercial and military vessels should pass through the Panama Canal and the Suez Canal free of charge, stating that "without the USA, these canals would not exist."
Trump Urges Free Transit For US Ships On Panama Canal