Piracy, Armed Robbery Cases Hit 30-Year Low in Jan.-Sept.

The A recent global quarterly piracy report compiled by the Piracy Reporting Centre (PRC) of the International Chamber of Commerce (ICC)'s International Maritime Bureau (IMB) details 90 incidents o...


FMC Proposing New D&D Rules

The U.S. Federal Maritime Commission (FMC) is proposing a new rule that seeks to bring more , structure and punctuality to the demurrage and detention billing practices of vessel operating common c...


U.S.' Container Imports Down 0.4% in Aug.

Retail sales in the U.S. grew 7.5% year on year in January-August, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. It is...


WTO: Growth in Global Merchandize Trade to Decrease to 1% in 2023

World trade is expected to lose momentum in the second half of 2022 and remain subdued in 2023 as multiple shocks weigh on the global economy. World Trade Organization (WTO) economists now predict ...


CO2 Equivalent Emissions from LB Port Surges 35% in 2021

CO2 equivalent missions from the U.S. port of Long Beach amounted to 1,188,884 tons in 2021, which increased 35% from the previous year due to supply chain disruptions. The greatest rise was made f...


Ex-Shanghai Spot Rates Down on All Routes Due to Weaker Demand

Freight rates for container exports from China were bearish on major trade lanes in Week 39. The composite Shanghai Containerized Freight Index (SCFI), an indicator for container exports from Shang...


Containers to/from Japan's 12 Leading Ports Swell in Q1, Led by Big 5

Japan's five major ports (Tokyo, Yokohama, Nagoya, Osaka and Kobe) handled 3,470,091 TEUs of containers in the first quarter (January-March) of this year, which improved 5.7% from a year earlier, a...


Containers to/from Japan Grow 3.7% to 22.46 Mln. TEUs in 2021

Japanese ports handled a total of 22.46 million TEUs of containers in 2021, which grew 3.7% from the previous year, according to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). ...


WCI Slides for 31 Weeks Running

The composite World Container Index (WCI) decreased by 10% to $4,014 per FEU in Week 39, the 31st consecutive weekly decrease, and has dropped by 61% when compared with the same week of last year, ...



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