
Container Ships Slow as Fuel Costs Rise
Container ships are cutting speeds as bunker costs rise, with average speeds falling 2.3% from Q4 2025 to mid-April.

Container ships are cutting speeds as bunker costs rise, with average speeds falling 2.3% from Q4 2025 to mid-April.

Energy and shipping costs kept rising after the Jones Act waiver took effect, as disruption in the Strait of Hormuz continued to lift oil prices, freight rates and insurance costs.

UNCTAD warns that maritime trade growth will nearly stall in 2025, with disruptions in the Suez Canal and Red Sea driving higher costs, fragile supply chains, and long-term structural risks.
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