Felixstowe Port Workers to Stage Strike After Negotiations Break up

Workers at the U.K. port of Felixstowe will go ahead with an eight-day strike after labor-management negotiations between Unite the Union and Felixstowe Dock and Rail broke down on Tuesday. Shippin...


Ctr. Imports at U.S. Ports Grow 4.9% in June

Imports at U.S. major container ports are expected to slow significantly for the remainder of the year, but 2022 should still see a net gain over 2021, according to the monthly Global Port Tracker ...


Ex-Shanghai Ctr. Spot Rates Remained Weak

The composite Shanghai Containerized Freight Index (SCFI), an index reflecting spot rates for container exports from Shanghai that do not include terminal handling charges (THCs), went down 3.8% fr...


S. Korea-Japan Ctr. Trade Grows 1.6% in H1

A total of 1,443,044 TEUs of containers were carried between South Korea and Japan in the first half of this year (January-June), which increased a mild 1.6% from a year earlier, according to the K...


8-Day Strike to be Staged at Felixstowe on Aug. 22-29

Workers at the U.K. port of Felixstowe will begin strike action later this month in a dispute over pay after peace talks at the conciliation service Acas have failed to produce a reasonable offer. ...


Drewry's WCI Down for 23 Weeks Running

Drewry Maritime Research's composite World Container Index (WCI) decreased by 2% to $6,628.29 per FEU in Week 31, the 23rd consecutive weekly decrease, and has dropped by 29% when compared with the...


FMC to Collect Export, Import Information from Carriers

The U.S. Federal Maritime Commission (FMC) is seeking public comments on a proposed plan for gathering import and export information from vessel-operating common carriers that is responsive to a re...


SCFIs Fall on All Routes; Composite Index Sinks for 7 Straight Weeks

Freight rates for container exports from China fluctuated bearishly in Week 30 due to inflation and belt-tightening policies across the globe. The composite Shanghai Containerized Freight Index (SC...


FMC to Reorganize Functions after OSRA Goes into Effect

The U.S. Federal Maritime Commission (FMC) is reorganizing its investigative and prosecution functions by consolidating them into a Bureau of Enforcement, Investigations and Compliance (BEIC) effec...


FMC Moving Quickly in Implementing OSRA 2022

The open session at a July 27 meeting of the Federal Maritime Commission (FMC) provided the public with an accounting of the progress being made implementing the Ocean Shipping Reform Act of 2022 (...



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