Archive · 15 Sep 2025
Container Shipping Costs Fall Amid Tariff Uncertainties
Imagine you're sending packages across the ocean.
The cost of sending those packages, called shipping costs, has gone down recently for packages going to the US and Europe.
This is because there's a lot of uncertainty about trade rules.
Shipping costs to China and Vietnam also decreased.
However, it costs more to ship to Japan.
In other news, a company called HD Korea Shipbuilding got a big order to build four new ships.
These ships are expected to be ready by the end of 2028.
This company is doing well, having already reached a significant portion of its yearly sales goal.
Shipping costs from South Korea to the US and Europe have decreased.
Shipping costs to China and Vietnam also decreased.
Shipping costs to Japan rose.
HD Korea Shipbuilding secured an order for four container ships.
HD Korea Shipbuilding has reached 67.7% of its annual order target.
- Who
- Korea Customs Service and HD Korea Shipbuilding
- What
- Shipping costs from South Korea have decreased, and HD Korea Shipbuilding has secured a large order.
- When
- Shipping costs were measured in August.
- Where
- Shipping costs to the US, Europe, China, Vietnam, and Japan.
- Why
- Uncertainties surrounding global trade and tariffs.
- US West Coast Shipping Cost
- $3,802 (per two TEUs)
- US East Coast Shipping Cost
- 5.84 million won
- EU Shipping Cost
- 3.77 million won
- HD Korea Shipbuilding Order
- $469.6 million
- Vessel Delivery
- Second half of 2028
- HD Korea Shipbuilding Order Target
- $18.05 billion annually