This report analyses the state of international maritime trade and port activity for the period 2023–2024. It highlights recovery trends, structural challenges and new disruptions impacting the sector. Consistent with the analysis in the previous report, this report examines the effects of global events, such as the coronavirus disease (COVID-19) pandemic and persistent geopolitical tensions, the repercussions of which continue to impact supply chains. It also identifies emerging trends in logistics management and factors behind fluctuations in port activity and provides an analysis of the maritime trade outlook marked by uncertainty and volatility. The overarching aim is to provide tools to enable actors in the sector to adapt and enhance their capacity to respond to challenges and transformations in the global environment.