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World Ports Organization analysis estimates that US and China tariffs in effect from April 25 directly affect 4% of dry bulk tonne-miles. It forecasts weaker iron ore and coal shipments in 2025-2026 and says freight rates will stay below 2024 levels, with panamax the weakest segment.
Lower expected dry bulk freight rates reduce ocean freight costs for grain and oilseed importers. The weaker panamax outlook points to softer grain shipping demand.
worldports.orgAlexa LagunaApr 30, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
