In 2024, Ningbo Port completed 1.135 billion tons of cargo, an increase of 3.4%, and 47.642 million TEUs of containers, an increase of 10.4%. The total revenue for the reporting period was 28.637 billion yuan.

US President Donald Trump has announced steps to take back control of the Panama Canal at his inauguration, sparking an immediate backlash from the Panamanian government.

In addition to the decline in the composite freight rate index, major routes also fell across the board, with a total of 109 sailings cancelled by shipping companies, a cancellation rate of 15%.

The East Coast South America Express 2(SX2) service is designed to connect major ports in the Far East with major hubs on the east coast of South America, further strengthening ONE's position in the Latin American market.

A vessel from CMA CGM is currently on its way to the Suez Canal, further evidence that CMA CGM will be the first liner operator to resume regular Red Sea voyages.

Despite the ceasefire in the Gaza Strip, global tanker freight rates are expected to generally rise in 2025 due to US sanctions and geopolitical turmoil.

Hapag-LIoyd has announced the launch of the India Asia Express (IAX) service to meet customers' transportation needs in the Asian market.

The Houthis announced that they would cease attacks on ships managed or operated by Israeli nationals or entities, ships heading to Israeli ports, and ships owned by or flying their flag by U.S. or British entities.

CMA CGM has announced the launch of IAX1, a new feeder service connecting Turkey and Bulgaria, with sustainable maritime connections to and from Burgas and Varna, as well as departures and destinations around the world.

Transpacian-pacific spot freight rates fell for the first time in a month this week as the threat of a strike at ports in the eastern United States and the Gulf of Mexico disappeared and the opportunity for early storage ahead of the Lunar New Year e