Some shipping companies in order to grab goods, provide a discount of 400-500 US dollars, and some shipping companies inform large customers that the freight rate of each large box is directly reduced by 800 US dollars.

The Peruvian coast was hit by waves of up to 4 meters on Monday and 91 of its 121 ports have been closed until January 1.

At the Port of Oakland, full load exports increased 8.5 percent to 66,619 TEUs in November from 61,390 TEUs in November 2023.

As 2025 approaches, shippers will continue to drive up trans-Pacific container rates, and further increases are likely in the future.

Regional tensions in 2024 have cut revenues from Egypt's Suez Canal by about $7 billion compared to the previous year, with the Suez Canal losing more than 60% of its revenues this year compared to last year.

South Korea's Wake Ro-ro Shipping (Eukor) has successfully renewed a "historic" major contract worth $4.2 billion with Hyundai and Kia automakers.

Shipping giant Maersk has issued an announcement that the port of Genoa VTE is about to be closed and restrictions imposed due to civil works on the rail network.

Us-east and US-West routes showed strong growth, with gains of 7.66% and 9.12%, respectively.

Panama's President Jose Raul Mulino rebuked Trump's comments at a press conference after he threatened to take back the Panama Canal and claimed China was meddling in it, saying the country's sovereignty and independence should not be violated.

DP WORLD and NLC have launched direct shipping services to Bangladesh, transporting more than 1,000 containers between Pakistan and Bangladesh since the launch of the first direct route between the two countries in October.