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Global shipping leaders are calling for stability amid geopolitical tensions, highlighting significant impacts on trade flows due to policy changes and urging collaborative efforts to sustain international commerce.
Despite global trade uncertainties, China’s break-bulk cargo exports are rising, reaching emerging markets worldwide and showcasing the resilience of its shipping industry.
Global shipping leaders have gathered in Ningbo, China, for the 2025 Maritime Silk Road Port Cooperation Forum, aiming to strengthen maritime cooperation and release a “shipping consensus.”
Industry experts warn that proposed U.S. port fees on Chinese-linked ships could backfire, harming the U.S. economy and disrupting global trade.
Potential U.S. fees on Chinese-made ships could disrupt global supply chains, experts warn, as the Trump administration considers levies aimed at reducing China’s dominance in the shipping industry.