Shipping Industry Faces New Challenges as Profit Boom Fades Amid U.S. Tariffs and Red Sea Changes

The recent surge in profits for the global shipping sector is showing significant signs of evaporating, primarily due to the reintroduction of U.S. tariffs and the reopening of the Red Sea trade routes. This shift comes as companies grapple with changing market conditions that threaten to unravel the windfall gains seen during the pandemic years.

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