News
25.03.21
No-Show Penalties to be Imposed for Yokohama's CONPAS Bookings
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) of Japan's Kanto Regional Development Bureau will begin imposing penalties at the Port of Yokohama's Minami Honmoku Pier on a full...
25.03.19
KOBC Down 8.88% as Ex-Busan Rates Decline on Most Lanes
The latest KOBC Container Composite Index (KCCI) stood at 1,950 points on Monday, Korea Ocean Business Corp. (KOBC) announced on the same day. The composite index fell 8.88% from a week earlier as ...
25.03.18
CCFI Down 1.6%; SCFI, 8.1% in Week 11
The composite China Containerized Freight Index (CCFI) closed at 1,191.69 points in Week 11, down 1.6% from the previous week, the Shanghai Shipping Exchange (SSE) announced last Friday. The compos...
25.03.17
US Container Imports from Asia Decline 8% in Feb.
U.S. container imports from 10 major economies in Asia totaled 1.63 million TEUs in February (based on volumes at ports of origin), up 8% from a year earlier, according to statistics compiled by De...
25.03.14
ILA, USMX Reach 6-Year Agreement
The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) officials gathered in North Bergen, New Jersey on Tuesday to formally sign a six-year master contra...
25.03.13
FBX Plunges Over 10% in Week 10
The composite Freightos Baltic Index (FBX) 2,422 points in Week 10, down 10.9% from the previous week and 26.6% from a year earlier, Freightos announced on Tuesday. The FBX01 Weekly index for freig...
25.03.12
Report: US Container Imports to Remain Elevated Through Spring
Amid continuing tariff turmoil, imports to U.S. major container ports are expected to remain elevated through this spring, but volume could see year-over-year drops this summer, according to a Glob...
25.03.11
KCCI Decreases 7.88% in Week 10
The KOBC Container Composite Index (KCCI) closed at 2,140 points in Week 10, Korea Ocean Business Corp. (KOBC) announced last Friday. The composite index decreased 7.88% from the previous week as t...
25.03.10
WCI Decreases 3% in Week 10
The World Container Index (WCI) decreased 3% from the previous week to $2,541 per FEU in Week 10, which plunged 23% from a year earlier, according to Drewry. The composite index was 76% below the p...
25.03.07
Analysis: 2025 Set to be 'Tumultuous' for Maritime Industry
The maritime industry is once again bracing for a year of profound transformation. According to a recent analysis, 2025 is set to be a period of "tumultuous" year, characterized by heightened trade...
