News
22.11.30
Spot Rates Plunge for Ex-Shanghai Exports
Freight rates for container exports from China stayed bearish on major trade lanes in Week 47. The Shanghai Containerized Freight Indexes, which reflect spot rates for containers from Shanghai that...
22.11.30
Asia-US Exports Shrink 8.9% in Oct.
Container exports from 18 Asian countries and regions to the U.S. shrank 8.9% 1,625,097 TEUs in October, which have decreased year on year for two back-to-back months, according to the Japan Mariti...
22.11.29
Over 100K eBLs Issued in Jan.-Sept.
WAVE BL, the market leader in blockchain-powered trade that enables fast, encrypted, and authenticated transfer of trade documents reached unprecedented growth in the third quarter of 2022. WAVE BL...
22.11.28
WCI Decreased for 39 Straight Weeks
Drewry Maritime Research's composite World Container Index (WCI) decreased by 7% in Week 47, to $2,404 per FEU, the 39th consecutive weekly decrease, and has dropped by 74% when compared with the s...
22.11.25
AGCS: Marine Insurance Claims Total EUR9.2 Bil. in 2017-2021
Fire, collision and sinking and damaged cargo were the top causes of marine insurance losses by value in 2017-2021, according to Allianz Global Corporate & Specialty (AGCS)'s analysis of more t...
22.11.24
SCFI Falls for 22 Weeks Running to 2-Year Low Since Aug. 2020
Freight rates for container exports from China remained weak on almost all trade lanes in Week 46. The composite Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for contain...
22.11.22
Japan-to-U.S. Exports Swell 15.8% in Oct.
Container exports from Japan to the U.S. amounted to 50,591 TEUs in October (based on volumes at ports of origin), which improved 5.6% from September and 15.8% from October 2021, according to Desca...
22.11.21
Europe-Bound Rates Suffer 2-Digit Plunges
Drewry Maritime Research's composite World Container Index (WCI) decreased by 7% to $2,591.41 per FEU in Week 46 from the previous week, the 38th consecutive weekly decline, and has dropped by 72% ...
22.11.18
Spring Offensive to be Resumes on Nov. 28
The Japan Harbor Transportation Association (Nikkokyo) will resume central bargaining sessions with the National Federation of Dockworkers Unions of Japan (Zenkoku Kowan) and the Japanese Confedera...
22.11.17
LA Port Signs MoU With JETRO
The Port of Los Angeles and the Japan External Trade Organization (JETRO) Los Angeles have signed a memorandum of understanding (MoU) to further promote cooperation in several key strategic areas, ...
