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Shipping stocks sink on tariffs, proposed huge levies on port calls by Chinese-built ships

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Apr. 05, 2025 8:20 PM ETFrontline plc (FRO) Stock, KEX StockDHT, TEN, SBLK, TNK, SB, STNG, CMRE, MATX, ASC, NVGS, LPG, GNK, INSW, TRMD, BDRY, HAFN, ZIM, BOAT, SEABy: Carl Surran, SA News Editor
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Shipping shares joined the broader stock market carnage on Friday after China responded to President Trump’s tariffs with its own retaliation, with most names in the sector sinking at least 5%, as reported by TradeWinds.com.

China announced additional tariffs of

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