From Investing.com: 2025-06-16 14:59:00

President Donald Trump announced a new trade agreement with China, providing relief to markets and giving investors a fresh focus on global trade. The deal, pending final approval, includes China supplying rare earth metals and higher U.S. tariffs on Chinese imports. This move towards stability is crucial for the shipping industry, which has seen a rebound in activity since the tariff pause. Container imports at U.S. ports are expected to climb, with shipping volume from China increasing. Rates have spiked, but remain below previous highs, supporting shipping volumes and company earnings. More shipping companies are joining the $10 billion+ market cap club, signaling potential growth in global shipping. World Bank supports fairer global trade practices, which could benefit the shipping industry in the long term.



Read more at Investing.com: Shipping Stocks Rally: Why Institutional Money Is Pouring Into $10B+ Giants