ZIM Integrated Shipping Services .(US:ZIM) Sou Hu Cai Jing·2025-04-29 12:02Core Viewpoint - The current market conditions, influenced by the U.S. tariffs, have led ZIM Integrated Shipping Services to temporarily suspend its route from Central China to the U.S. West Coast, which was set to commence in July 2024 [1] Group 1: Company Actions - ZIM has announced the suspension of its shipping route from Ningbo to Los Angeles, originally scheduled for July 2024, due to the impact of U.S. tariffs [1] - T.S. Lines, a Taiwanese shipping company, has also ceased its route connecting South China ports to Los Angeles due to declining trade demand [3] - ZIM is closely monitoring market developments and will propose further arrangements for the suspended route when appropriate [1] Group 2: Regulatory Impact - The U.S. Trade Representative (USTR) has announced specific restrictions following a 301 investigation into Chinese shipbuilding, maritime, and logistics, which will significantly reduce the number of Chinese-built vessels servicing major U.S. ports [4] - New fee structures have been established for various types of vessels, including a $150 fee per unit for non-U.S. built car carriers and a $50 fee per net ton for Chinese owners and operators, with annual increases planned [4] - For Chinese-built vessels not operated by Chinese owners, fees will be based on either net tonnage or container count, with maximum fees set to increase significantly by 2028 [4] Group 3: Market Outlook - The global container port throughput is expected to decline by 1% due to the direct impact of U.S. trade policies, marking the third decline since 1979, with previous declines occurring during the 2009 financial crisis and the 2020 COVID-19 pandemic [6] - ZIM's recent announcement to introduce 10 new LNG dual-fuel container ships, valued at approximately $2.3 billion, will face significant port service fees if they dock at U.S. ports, amounting to $1.38 million starting October 2025 and increasing to $2.875 million by April 2028 [5]