Asia Pacific Economic Research 03 July 2025 China alt-data trackers chartpack (Series 38) Full recovery in container shipping to US, govt bond issuance strong As we head into 2H and wait for the official June activity data, we update our alt-data trackers to gauge near-term activity and policy delivery momentum. Key takeaways are below (vs last update on 16 June). Net government bond issuance under TSF (ex. refinancing LGB) 0 10 20 30 40 50 60 70 Jan Feb Mar Apr May Jun 2025 2024 2023 2022 2021 2020 2019 % ...

1. Report Industry Investment Rating No information provided in the given content. 2. Core Viewpoints of the Report - The freight rate has likely reached its peak as Maersk and MSC have kept their freight rates unchanged in the second half of July. The EC2510 contract can be sold for hedging at high prices during the freight rate decline [4][5]. - The supply of the US - bound routes has rapidly recovered, and the freight rates from Shanghai to the East and West coasts of the US have dropped from their highs. The freight rates on the Shanghai - Europe route are still uncertain as to when they will peak, and the settlement price of the EC2508 contract is the arithmetic average of SCFIS on August 11th, 18th, and 25th [2][4]. 3. Summary by Relevant Catalogs I. Futures Prices - As of July 4, 2025, the total open interest of all container shipping index European route futures contracts was 83,240 lots, and the single - day trading volume was 39,157 lots. The closing prices of EC2602, EC2604, EC2506, EC2508, EC2510, and EC2512 contracts were 1338.70, 1172.90, 1319.90, 1896.90, 1363.90, and 1538.70 respectively [6]. II. Spot Prices - Online quotes for different shipping companies on the Shanghai - Rotterdam route vary. For example, Maersk's price for the 29th week from Shanghai to Rotterdam is 1785/2990. The SCFI (Shanghai - Europe) price announced on June 27th was 2030.00 US dollars/TEU, and the SCFIS (Shanghai - Europe) on July 1st was 2123.24 points [1][6]. III. Container Ship Capacity Supply - In 2025, it is still a big year for container ship deliveries. As of now, 135 container ships have been delivered, with a total capacity of 1.069 million TEU. The weekly average capacity on the Shanghai - European base port route in July was 261,900 TEU, and in August it was 269,900 TEU. There were 8 blank sailings in July and 2 in August [3][7]. IV. Supply Chain - Geopolitical events in Israel may affect the shipping market. The supply and demand of the US - bound routes have both increased, and the capacity has been rapidly restored. The congestion situation of container ships globally and the passage of ships through major canals such as the Suez, Panama, and around the Cape of Good Hope are also factors affecting the supply chain [2]. V. Demand and European Economy - The demand on the China - US route has increased rapidly after the reduction of Sino - US tariffs. The industrial production index, import and export data, consumer confidence index, and retail sales data of the EU 27 countries are important factors affecting the demand for shipping [2].

ATHENS, Greece, July 02, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that its Board of Directors has called an annual meeting of the shareholders to be held on July 23, 2025, at 11:00 a.m. at the offices of Seward & Kissel LLP, located at 901 K Street NW, Suite 800, Washington, DC 20001. Shareholders of record at the close of business on June 25, 2025, are entitled ...

30 June 2025 | 4:00AM EDT Americas Transportation: US Tariff Impact Tracker - High Frequency Trends Indicate Softer Trends from China Possibly Forthcoming US Tariff Impact Tracker – The directional uptick in inbound traffic from China to the US ebbed last week and in fact showed slight sequential downticks of -4% for vessels and -7% for TEU's, indicative again that the China surge may be somewhat abbreviated or have less depth than some may have previously thought. Container rates dropped sharply and Los An ...

ATHENS, Greece, June 25, 2025 (GLOBE NEWSWIRE) -- Euroholdings Ltd (NASDAQ: EHLD, the “Company” or “Euroholdings”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the quarter ended March 31, 2025. The Company was incorporated by Euroseas Ltd. (NASDAQ: ESEA, or "Euroseas") to serve as the holding company of three subsidiaries that were contributed by Euroseas to Euroholdings effective January 1, 2025; Euros ...

23 June 2025 | 5:00AM EDT Americas Transportation: US Tariff Impact Tracker - High Frequency Trends Potentially Reveal Ebbing in China Surge US Tariff Impact Tracker – The directional uptick in inbound traffic from China to the US ebbed last week and in fact showed slight sequential downticks of -7% for vessels and -4% for TEU's, perhaps indicative that the China surge may be somewhat abbreviated or have less depth than some may have previously thought. That said, based on other data it is possible another ...

Euroseas (ESEA) Q1 2025 Earnings Call June 18, 2025 09:30 AM ET Company Participants Aristides Pittas - ChairmanAnastasios Aslidis - CFO & Treasurer Conference Call Participants Mark Reichman - Senior Research AnalystC.K. Poe Fratt - MD - Equity Research & Senior Transportation Analyst Operator Thank you for standing by, ladies and gentlemen, and welcome to the Eurasys Conference Call on the First Quarter twenty twenty five Financial Results. We have with us Mr. Aristides Petus, Chairman and Chief Executive ...

Group 1 - ZIM Integrated Shipping is an Israeli container shipping company operating globally across various segments of the shipping industry, including dry cargo, reefer cargo, oversized cargo, and dangerous cargo [1] - The company has a historical background that dates back to the founding of Israel, indicating its long-standing presence in the shipping industry [1] Group 2 - The company operates in multiple segments, which may provide diversification benefits and reduce reliance on any single market segment [1] - ZIM's operations encompass a wide range of cargo types, showcasing its capability to handle diverse shipping needs [1]

Investment Rating - The report does not explicitly state an investment rating for the transportation industry or specific companies within it. Core Insights - The report indicates a potential surge in freight volumes from China to the US, driven by expected increases in imports at the Port of Los Angeles, with vessel traffic projected to rise by 6% and TEUs by 39% in the coming weeks [3][4][5] - Trade uncertainty remains high due to recent court involvement over tariffs, which could impact inflation, consumer spending, and global freight flows [2][7] - The report outlines three potential scenarios for trade dynamics in 2025, with a focus on the implications of a 90-day tariff pause with China [10][11][12] Summary by Sections Tariff Impact and Freight Trends - The report tracks high-frequency data to assess the ongoing impact of tariffs on global supply chains, noting that while there has been a recent decline in freight volumes from China, a rebound is anticipated [5][6][14] - Container rates have shown volatility, with a recent uptick followed by flattening, indicating potential shifts in demand and supply dynamics [15][38] Trade Volume Analysis - Year-over-year (YoY) comparisons show a significant drop in laden container vessels from China to the US, with a decrease of 37% YoY and TEUs down by 34% YoY [22][14] - The report estimates that April saw an increase of approximately $4 billion in imports compared to the previous year, while May experienced a decline of about $3 billion [4][61] Future Scenarios and Economic Implications - The report presents two broad scenarios for 2025: a pull-forward surge in activity or a continued slowdown due to uncertainty, impacting inventory levels and freight demand [7][11] - Potential outcomes include a strong second half of 2025 if consumer demand rebounds or a bear case scenario if economic conditions worsen [12][15] Company-Specific Insights - Companies such as FedEx, UPS, and freight forwarders like Expeditors International and C.H. Robinson are highlighted as potential beneficiaries of increased freight activity during periods of volatility [15][85] - The report notes that intermodal traffic has declined by 5% YoY, reflecting ongoing challenges in the transportation sector [47][15]

Original: Spanish www.cepal.org/transport number 5 / 2024 / ISSN: 1564-4227 Port report 2023–2024: mixed signals in trade and ports and new disruptions to international container shipping logistics Introduction The previous edition of the port report addressed the major impact that the coronavirus disease (COVID-19) pandemic and the conflict between the Russian Federation and Ukraine had on shipping. Both events distorted global supply chains and caused bottlenecks owing to shutdowns, port congestion | Intr ...