ILWU Canada to Stage Strike

The International Longshore and Warehouse Union Canada (ILWU Canada) issued a 72-hour strike notice to the British Colombia Maritime Employers Association (BCMEA) on Wednesday. ILWU Canada member l...


Panama Canal Draft Restrictions Postponed

Due to favorable weather conditions experienced during the past several days in the Canal watershed, The Panama Canal Authority (ACP) has announced the postponement of the maximum authorized drafts...


Asia’s NA-Bound Exports Plunge in May

Container exports from 18 Asian economies to the U.S. plunged 20.7% year on year to 1,582,195 TEUs in May, staying on the decline for nine consecutive months, according to statistics compiled by th...


Bill Submitted to US Senate to Prevent Dockworker Slowdowns

U.S. senators Mike Crapo and Jim Risch of the Republican Party, both of which represent the State of Idaho, have introduced the Preventing Labor Union Slowdowns (PLUS) Act to update federal law to ...


WCI Down 3.5% in Week 25

Drewry Maritime Research’s composite World Container Index (WCI) decreased 3.5% from the previous week to $1,535.75 per FEU in Week 25, which has dropped by 78.9% when compared with the same week o...


65th Foreign Feeder Vessel Arrives in Yangshan Port

Eighty-eight containers bound for Tianjin left Yangshan Port in Shanghai earlier this month, according to local customs authorities. “Manchester Maersk,” a 19,630-TEU feeder vessel, was responsible...


Japan-US Container Exports Plunge in May

Japan’s U.S.-bound container exports amounted to 45,523 TEUs in May (based on volumes at ports of origin), which plunged 25.8% from a year earlier, according to Descartes Datamyne. From April, they...


SCFI Down for 2 Straight Weeks

The composite Shanghai Containerized Freight Index (SCFI) decreased 4.6% from the previous week to 934.31 points in Week 24, remaining downward for two back-to-back weeks, according to the Shanghai...


NCFI Down in Week 24 due to Sluggish NA Rates

The composite Ningbo Containerized Freight Index (NCFI) fell 4.2% from the previous week to 659.4 points in Week 24 as spot rates for container exports to North America continued to decrease, accor...


WCI Down 5% in Week 24

Drewry Maritime Research’s composite World Container Index (WCI) decreased 5% from the previous week to $1,592.25 per FEU in Week 24.The composite index has dropped 79% when compared with the same ...



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