ONE will jointly operate three Nordic transatlantic routes with CMA CGM, COSCO Shipping (COSCO) and Orient Overseas (OOCL) as part of the ship sharing partnership.

OOCL announced the launch of two new Asian routes calling on major domestic ports.

The True Confidence, a super-mobile bulk carrier attacked by Houthi militants earlier this year, has been dismantled by its owner.

The EU has for the first time imposed so-called "comprehensive sanctions" on a Chinese actor, Chinese Foreign Ministry spokesman Lin Jian said at a regular press briefing.

Mediterranean Shipping MSC has announced the launch of its 2025 route network and has begun accepting cargo bookings.

A sharp 21.6% increase in freight rates on the US-West route, tensions in Sino-US trade relations, a surge in demand ahead of the Lunar New Year, and the risk of port strikes will all have an impact on freight rates.

The leadership of India's six main dockworkers' unions has threatened to shut down from December 17, lifting the threat of a general strike at Indian ports with the final approval of a new five-year Labour agreement.

Trump supports the longshoremen's union, and if the two sides fail to reach an agreement on port automation by Jan. 15, 2025, the U.S. East and Gulf ports risk a full-scale strike.

Hapag-Lloyd has announced that it will terminate its China-Germany Express (CGX) service in February 2025 to free up resources to support the official operation of the Gemini alliance formed jointly with Maersk.

Maersk said there was strong demand for North American import trade in 2024 and this momentum will continue into 2025, especially in the maritime and air cargo sectors.