US trades to play less important role in container shipping’s future
- US trade policy will spur much greater supply chain diversification, a plus for ocean transport demand
- Outlook for US shipping demand is negative due to declining consumer confidence, rising inflation and overall business uncertainty
- Headwinds from US economy could be offset by positives for container shipping from growing non-US trades
Sentiment on the US container shipping market is bearish, given expected fallout from tariffs. But the global market could still grow even as US trades shrink
