World Maritime News
WMNF 26/11/2025
Divergence on net zero could reshape global shipping routes
The IMO failed to adopt a global Net-Zero Framework, leading carriers to favor regions with lower carbon prices. Regional carbon pricing and frameworks will create complexity for shipowners, potentially reshaping global shipping routes. Geopolitical, energy security, and economic factors have slowed maritime decarbonization, according to GCMD CEO Lynn Loo. Cargo owners with strong sustainability goals will exert significant influence on carriers’ decarbonization efforts. Major corporations may demand low-emission shipping to meet their net-zero targets, impacting global trade patterns.
Read more: Lloyd’s List
Red Sea shipping traffic growing but box bosses still weighing up a big bang return
Shipping traffic through the Bab el Mandeb has grown for five consecutive months, up 8% from 2024, though it is still 56% below 2023 levels. The increase follows the Houthis’ announcement of halting attacks on ships after a Gaza ceasefire, but security concerns persist. Bulk carriers and tankers drive the growth, while major container lines remain cautious. Maersk plans a full return only when security is assured, aiming to be the first to resume normal operations. CMA CGM has started limited transits, including large boxships, signaling a gradual comeback. MSC continues routing via the Cape of Good Hope until safety is guaranteed. Despite the Houthis’ statement, no formal removal of navigation restrictions has been confirmed, and the crew of Eternity C. remains in captivity. Analysts advise treating Red Sea routes as high-risk for Israel-linked vessels.
Read more: Lloyd’s List
EU ship emissions hit record high in 2024
According to the green group Transport & Environment, EU shipping emissions hit a record high in 2024, rising 13% year-on-year despite slower global trade. The surge was driven by container ships, whose emissions jumped 46%. Red Sea diversions lengthened routes, increasing emissions per ship by 32%. MSC was the top emitter (15.6m tonnes CO₂), followed by Maersk (10.3m) and CMA CGM (8.3m). Fossil fuel carriers accounted for 19% of emissions, with crude oil transport reaching 2019 levels. Environmental groups call for policies to improve efficiency and promote e-fuels to curb emissions without slowing trade.
Read more: Lloyd’s List