News
22.12.28
MLIT to Test 'Cyber Port'
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) will conduct tests on its information system for streamlining port and harbor procedures from Jan. 5 to Feb. 28, 2023 at the ports...
22.12.27
WTO's Barometer Falls in Oct.
The World Trade Organization (WTO)'s Service Trade Barometer for the month of October fell to 98.3, slightly below its baseline value of 100 and well below the previous reading of 105.5 from the la...
22.12.26
Spot Rates Gain on Route to Europe
Drewry Maritime Research's composite World Container Index (WCI) decreased by 0.3% to $2,119.96 per FEU in Week 51, which was the 43rd consecutive weekly decrease, and has dropped by 77% when compa...
22.12.23
Containers to/from Seattle-Tacoma Plunge 24% to 247K TEUs in Nov.
Total container volume at the ports of Seattle and Tacoma decreased 24.1% to 247,034 TEUs in November, with full-container imports and exports declining 31.1% and 17.5%, respectively. Year-to-date ...
22.12.22
US-Bound Containers Plunge 10.5% in Nov.
Container exports to the U.S. from 18 Asian countries and regions plunged 10.5% to 1,462,527 TEUs in November, which have suffered a year-on-year contraction for three months in a row, according to...
22.12.21
Ex-Shanghai Container Spot Rates May Have Hit Bottom
The composite Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for container exports from the Chinese port that do not include terminal handling charges (THCs), slid 1.3% fr...
22.12.20
Saudi Container Throughput Grows 8.3% to 631K TEUs in Nov.
Containerized cargo across Saudi ports maintained their upward swing in November, growing 8.3% year on year to 631,165 TEUs from 582,783 TEUs, according to the Saudi Ports Authority (Mawani). The d...
22.12.19
FMC Seeks Info. on Compliance with Retaliation Prohibitions
The U.S. Federal Maritime Commission (FMC) is asking the top 20 shipping lines calling the U.S. to provide information on how they are complying with the new prohibitions on retaliation established...
22.12.16
Containers to/from LB Ports Plummet 21% to 589K TEUs in Nov.
The Port of Long Beach incurred a double-digit contraction in container throughput in November. It only processed 588,742 TEUs, which plummeted 21% year on year, due to reduced orders from retailer...
22.12.15
Cyber Port, NACCS to be Linked
Cyber Port and Nippon Automated Cargo and Port Consolidated System (NACCS) will be directly linked on March 13, 2023, the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced ye...
