News
25.09.18
Foreign-Trade Containers to/from Nagoya Port Grow 10.6% to 220K TEUs in Aug.
The Port of Nagoya handled 220,082 TEUs of foreign-trade containers in August, up 10.6% year on year for the fifth consecutive month of growth, according to preliminary figures tallied by the Nagoy...
25.09.17
US Container Imports from Asia Grow 4.1% in Aug.
U.S. container imports from 10 major Asian economies amounted to 1.86 million TEUs in August (based on volumes at ports of origin), up 4.1% year on year, according to statistics compiled by Descart...
25.09.16
WCI Decreases 3% in Week 37 as Asia-Europe Rates Plunge by 2 Digits
Drewry’s World Container Index (WCI) decreased 3% from the previous week to $2,044 per FEU in Week 37, marking the 13th consecutive week of decline. For the second week in a row, spot rates on majo...
25.09.12
Survey: 50% of Japanese Companies Fear Competitiveness Deteriorations
When asked how the U.S. additional tariffs will affect Japanese enterprises in the U.S., it was found in a recent survey that 49.6% fear that relevant costs will lower their competitiveness. Regard...
25.09.11
GPT Report: US Container Imports Increase 1.8% in July, Expected to Decline from Aug.
Following a near-record peak this summer, imports to U.S. major container ports are expected to steadily decline for the remainder of the year amid rising tariffs, according to the Global Port Trac...
25.09.10
Ex-Shanghai Spot Rates Increase on US Trade, Offset by Decrease on Europe Trade
The composite Shanghai Containerized Freight Index (SCFI) quoted 1,444.44 points in Week 36, up 0.04% from the previous week. Spot rates for container exports from Shanghai surged on the U.S. trade...
25.09.09
NCFI Falls 6.8% Due to Weaker-Than-Expected Demand
The composite Ningbo Containerized Freight Index (NCFI) quoted 1,023.2 points in Week 36. The index fell 6.8% from the previous week as spot rates for container exports from Ningbo decreased on mos...
25.09.08
WCI Drops 1% in Week 36 Due to Increase in TP Rates
Drewry’s World Container Index (WCI) remained stable, dropping just 1% to $2,104 per FEU in Week 36, but was down 56% from a year earlier. After 11 weeks of decline, the WCI stabilized last week as...
25.09.05
FMC Drawing Attention as Investigation Into FOC Vessels Ends
The U.S. Federal Maritime Commission (FMC) is drawing attention regarding what to do with flag-of-convenience (FOC) vessels. On May 21, the FMC announced it would initiate a non-adjudicatory invest...
25.09.04
Tokyo Meets With Shipping Industry on U.S. Tariff, Other Policies
The government of Japan exchanged views with the shipping industry on possible impacts of U.S. tariffs last week. State Minister of Land, Infrastructure, Transport and Tourism Yasushi Furukawa met ...