Japanese Businesses in Thailand Have Positive Biz. Confidences

The diffusion index of business sentiments among Japanese enterprises doing business in Thailand for the second half of fiscal 2022 (October 2022-March 2023) is projected to remain positive at 21 p...


Containers to/from China Reach Record 296 mil. TEUs

Chinese ports handled 295.87 million TEUs of containers in 2022, which grew 4.7% from the previous year and set a new yearly record, according to the nation’s transport ministry. Coastal ports were...


Ex-Busan Container Rate Indexes Down on Most Routes

The latest Korea Ocean Business Corporation (KOBC) Container Composite Index (KCCI) decreased 0.18% from the previous week to 1,638 points, the KOBC announced on Monday. On individual routes, index...


India to Develop 16 million TEU Container Port in Nicobar Islands

India’s ministry of ports, shipping and waterways has begun soliciting bids for a public-private partnership (PPP) for the development of an international container transshipment port on Great Nico...


WCI Continues to Decrease Mildly

Drewry Maritime Research’s composite World Container Index (WCI) decreased by 2% to $2,046.51 per FEU in Week 4. It has dropped by 78% when compared with the same week of last year. It was 80% belo...


MSC, Maersk to Terminate 2M Alliance

MSC and Maersk have mutually agreed to terminate their present 2M alliance in January 2025. The alliance was introduced in 2015 with the aim of ensuring competitive and cost-efficient operations on...


FMC to Receive More Comments

The U.S. Federal Maritime Commission (FMC) will issue a supplemental notice of proposed rulemaking (SNPRM) that addresses the issues that commenters raise in response to the unreasonable refusal to...


Asia's Exports to US Decrease in Dec., Increase in 2022

Container exports to the U.S. from 18 Asian countries and regions plunged 15.2% to 1,410,464 TEUs in December, registering a year-on-year contraction for the fourth month in a row, according to sta...


Intra-Asia Container Movement Slows in Nov.

Intra-Asia container movement slowed 4.9% to 4,035,247 TEUs in November, suffering a year-on-year decline for four months running, the Japan Maritime Center recently reported in reference to statis...


UK's CMA Begins Seeking Comments on CBER

The U.K.'s Competition and Markets Authority (CMA) is launching its consultation on its proposed recommendations to the Secretary of State for Business, Energy and Industrial Strategy (BEIS) regard...



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