Asian Equities Analyst, Logistics & Transport

Tracking Traffic

Focusing on Asian logistics, transportation, and travel companies

Don't Expect A Resolution of Tariff Chaos To Lift Container Shipping Rates Like Covid-19 Did

Maersk Q125 Results: Solid Q1 Numbers | But Mgmt Retains Negative View on FY25, Citing Uncertainty

Taiwan's Deep-Sea Carriers Saw Revenue Decline Y/Y in April, First Time Since Dec-2023 | Stay SHORT!

Monthly Container Shipping Tracker | Rates Down | Chorus of Weak Guidance | USTR-MARAD (March 2025)

Short ZIM Against Long Position in China Merchants Port Hldgs | 2025 High Conviction

Container Shipping: Mean Reversion in 2025, Yes, but to WHICH Mean?

Monthly Container Shipping Tracker | No, Not All Trade Disruptions Boost Carriers  (February 2025)

Monthly Container Shipping Tracker: December Respite Likely Short-Lived | Stay SHORT (January 2025)

Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Equity Bottom-Up

<ul>
<li>For the first time since Q322, our price momentum index flipped to negative</li>
<li>We see few signs of US tariff impacts in the March data -- not surprising</li>
<li>New US levies on China-built ships unhelpful, but most carriers can adjust</li>
</ul>


For the first time since Q322, our price momentum index flipped to negative
We see few signs of US tariff impacts in the March data -- not surprising
New US levies on China-built ships unhelpful, but most carriers can adjust


ZIM Integrated Shipping Services (ZIM US)

月次コンテナ輸送トラッカー | 価格が下落 | 関税・船舶税の影響（2025年4月）

Evergreen Marine Corp

月次コンテナ輸送トラッカー | 価格が下落 | 関税・船舶税の影響（2025年4月）