SCFI Marks New High for 16 Straight Weeks

The composite China Containerized Freight Index (CCFI), which is for medium- and long-term contracts, picked up 1% to 3,079.04 points in Week 34, making an improvement from the previous term for tw...


Box Trade between Japan and China Gains Momentum in H1

Container exports from Japan to China shrank 1% to 823,377 tons in June, the Japan Maritime Center (JMC) has unveiled. Due to decreases in wastepaper and other commodities, they incurred a year-on-...


Spot Rates from Shanghai Increase for 15th Consecutive Week

The composite Shanghai Containerized Freight Index (SCFI) hiked 1.2% to 4,340.2 points in Week 33, marking an increase from the previous week for 15 times in a row, the Shanghai Shipping Exchange (...


Box Volume to/from China Shrinks Due to Congestion at Southern Ports

Chinese ports handled a total of 23.71 million TEUs of containers in July, down 0.5% from the same month last year, according to the nation’s Ministry of Transport (MOT). Coastal ports were respons...


Japan-US Box Trade Jumps 49.6% to 56,643 TEUs in July

Container exports from Japan to the U.S. amounted to 56,643 TEUs in July, jumping 49.6% from the same month last year and registering their first year-on-year growth in two months, according to Des...


Reopening of Meidong Container Terminal Targeted at Sept 6

Meidong Container Terminal at Port of Ningbo-Zhoushan in China has earmarked a tentative reopening date of September 6. As no new cases of Covid-19 have been detected, a phased reopening might begi...


Spot Rates Rise Moderately on Shanghai to US

Spot rates for container exports from the Chinese port of Shanghai in Week 32 fell 0.1% from the previous week to $7,407 per TEU to Europe but improved 0.1% to $7,051 per TEU to the Mediterranean, ...


Container Volumes in Japan Wane 7.6% to 17.4Mln TEUs in 2020

Japan’s 64 oceangoing container ports handled a total of 17,413,872 TEUs of loaded and unloaded export and import containers in 2020, down 7.6% from the previous year, the Harbor Modernization Prom...


New Monthly Record Set for Asia-US Box Trade in July

Container exports to the U.S. from 10 leading countries and regions in Asia grew 10% year on year to 1.72 million TEUs in July, setting a new monthly record, according to Descartes Datamyne. Due to...


China Box Freight Index Dips for the First Time in 17 Weeks

The composite China Containerized Freight Index (CCFI) fell 0.9% to 2,978.47 points last week, incurring its first depreciation from the previous week in 17 weeks, the Shanghai Shipping Exchange (S...



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