But there was no indication when the pause would take effect or what would happen to the port fees already paid by ship operators in the two weeks since the US and China imposed the reciprocal levies on Oct. 14.
While some carriers reported a positive outlook for freight stemming from power generation and mining projects, others noted that demand for offshore wind has been dented by regulatory upheaval.
While most of the carrier’s vessels continue to be diverted around southern Africa, the backhaul rerouting of two Ocean Alliance vessels through the Suez suggests security concerns may be diminishing.
