MSI Q1 2025: Carrier confidence dips on Trump trade fears

The 16th edition of One World’s Market Sentiment Index (MSI) for the multipurpose and breakbulk shipping sector shows a slight softening in overall carrier sentiment. Protectionist trade policies, shifting global freight dynamics, and geopolitical instability are all dragging on the outlook. Energy markets are a source of optimism but shipping lines are bracing for rate volatility ahead.