News
Industry Update – June 2025
Attention: Shipping Manager
Situation in Middle East
- Red Sea Update & Haifa Port Blockade
The Houthi militia in Yemen has declared that commercial vessels transiting the Red Sea will no longer be targeted, provided they are not destined for Israel’s port of Haifa.
This announcement comes after they recently announced a blockade on Haifa, declaring that vessels heading to the port are considered targets, which had raised concerns among international shipping operators.
The Houthis’ latest statement indicates a focus on vessels directly linked to Israeli ports.
Experts note that this development may influence shipping companies’ routing decisions, as the Red Sea is a critical corridor for global trade.
However, the situation remains fluid, and shipping lines are likely to continue assessing risks associated with the region, with no indication of a rapid return to commercial shipping in the waterway.
(Source: Loadstar)
Situation in the US
A sharp increase in transpacific cargo volume is expected to strain US West Coast ports, particularly Los Angeles and Long Beach.
This surge is driven by importers accelerating shipments ahead of potential trade disruptions, including a looming tariff deadline.
Carriers have responded by reinstating previously blanked sailings and launching extra loaders.
Experts say the ports may struggle to handle the spike due to limited equipment availability, labour constraints, and chassis shortages.
There are concerns this could lead to renewed congestion and backlogs, similar to those seen during the pandemic.
(Source: Loadstar)
Port Congestion in Europe
Port congestion across Europe has intensified, with vessel delays now averaging five to six days.
Experts say contributing factors include labour shortages and low Rhine River water levels restricting barge traffic from key hubs.
Experts say backlogs are building at major ports, affecting terminal operations and inland transport.
Additionally, increased container volumes arriving from Asia are compounding the issue, leading to extended dwell times and rising concerns about capacity ahead of peak season.
(Source: Loadstar)
General Rate Increase from Asia to Australia and New Zealand:
We received notifications this month from a number of shipping lines in regards to a General Rate Increase from Asia to Australia and New Zealand, details as follows:
The first GRI will come into effect from the 1st June 2025, affecting North East Asia to Australia:
USD 125/20’
USD 250/40’
The second GRI will come into effect from 15th June 2025, affecting all of Asia to Australia and New Zealand:
USD 500/20’
USD 1000/40’
LCL will increase accordingly.
Due to the current global situation, we believe these increases may not eventuate. However, because shipping lines have announced them, we want to keep you informed.
If you need further clarification on pricing on these trade lanes, please contact your sales representative.
D&V Socials
Dieterle & Victory has launched our new social media on LinkedIn and Facebook, where we will post info, news, explainers, and anything of interest for our audience.
If you wish to like or follow, we would really appreciate your support.
You can find links below.
We will keep you updated with any further information.
