Global port throughput forecast dims despite strong first quarter
- First-quarter global throughput was up 5.8%, though much of this was pre-tariff stockpiling
- Greater China saw 5.9% growth, with major ports like Shenzhen, Ningbo and Shanghai showing strong increases, while North America achieved volume increase nearing 10%
Impact of US trade policies will hit home in the second half of 2025, as frontloading dissipates and volumes wane. Drewry expects US and China to experience a significant downturn in box trade this year, prompting a 1% drop in the overall global total
