On 25th November 2025, the Suez Canal Authority and A.P. Moller-Maersk Group sealed their partnership agreement, with Maersk-affiliated vessels resuming transits through the canal in early December; CMA CGM confirmed full capacity operations through the canal from December, and traffic statistics showed improvement after continued regional attempts at peace.
Europe's shipping emissions in 2024 climbed 13% year-on-year to a new record high since mandatory reporting began in 2018, driven primarily by container ships taking longer routes via the Red Sea and moving cargo more frequently through disruption zones. At the IMOs 2024 Spring meeting in London, the US government successfully convinced those present to delay a vote on their landmark Net-Zero Framework Framework until October 2026, raising the risk of a derailment in the maritime decarbonization efforts.
LNG charter rates crossed $100,000/day for the first time since early 2024 in mid-November on the back of increased supply, greater need for floating storage capacity and seasonal winter demand. Container ship charter rates continued to fall across most sizes of vessel at this time.