financetom
Business
financetom
/
Business
/
Maersk says it has maintained all trans-Pacific sailings despite tariff, trade uncertainty
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Maersk says it has maintained all trans-Pacific sailings despite tariff, trade uncertainty
May 25, 2025 8:50 PM

COPENHAGEN, April 29 (Reuters) - Maersk

said on Tuesday it had maintained all its scheduled

trans-Pacific sailings to date, albeit downsising some vessels,

despite the uncertainty caused by U.S. import tariffs and the

trade war between the United States and China.

German container carrier Hapag-Lloyd ( HLAGF ) last week

said that its customers had cancelled 30% of shipments to the

United States from China, spooked by the trade conflict between

the world's two largest economies.

Maersk said its customers with shipments out of China to the

United States were taking different approaches to deal with the

uncertainty.

"Some continue as planned, others look to ship to or from

other markets while a third category choose to postpone

shipments storing them at origin in anticipation of a future

resolution to the situation," the company said in a statement.

However, the company added that it would continue to assess

the situation and align with demand on its services between

China and the U.S., including continuing the practice of

replacing larger vessels with smaller ones.

The Trump administration's current policy includes blanket

tariffs of 10% on goods from most countries and 145% import

duties products from China. China and other countries have hit

back with tariffs on U.S. goods.

However, the world's two largest economies in recent days

seem to have softened their respective stances, with Washington

signalling openness to reducing tariffs and Beijing exempting

some U.S. imports from its 125% levies.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2026 - www.financetom.com All Rights Reserved