News

 

23.07.31

WCI Increases in Week 30

The composite World Container Index (WCI) increased 2.5% from the previous week to $1,575.62 per FEU in Week 30, according to Drewry Maritime Research. The index has, however, dropped 76.7% when co...

23.07.28

Over 60% of Forwarders Slow in Biz. in Q2

More than 60% of freight forwarders experienced business slowdowns in the second quarter (April-June), according to a survey conducted earlier this month by Container xChange, a German technology c...

23.07.27

“K” Line to Join KICT

Kawasaki Kisen Kaisha (“K” Line), Mitsui O.S.K. Lines (MOL) and Kobe-Osaka International Port have signed a memorandum of understanding (MoU) on the Phase 2 development of the Port of Kobe’s Port I...

23.07.26

SCFI Declines in Week 29 Despite Spot Rates Rises to Europe, NAEC

The composite Shanghai Containerized Freight Index (SCFI) returned to a downward trend in Week 29, declining 1.3% from the previous week to 966.45 points, according to the Shanghai Shipping Exchang...

23.07.25

LNG-Fueled Gigantic Containership Arrives at Yokohama Port

An LNG-fueled containership operated by CMA CGM made its maiden call at the D-4 container terminal at the Port of Yokohama’s Honmoku Pier yesterday. It is one of the largest containerships that hav...

23.07.24

WCI Increases in Week 29

The composite World Container Index (WCI) increased 3.3% to $1,536.86 per FEU in Week 29, which has dropped 77.5% when compared with the same week of last year. The latest composite index was 85% b...

23.07.21

HKG Remains Busiest Airport in 2022

Hong Kong International Airport was again the world’s busiest port last year in terms of airfreight throughput, according to Airports Council International (ACI). Hong Kong defended its title, alth...

23.07.20

New IMO Secretary-General Elected

Arsenio Antonio Dominguez Velasco from Panama was elected as the next secretary-general of the International Maritime Organization (IMO) on Tuesday during the 129th session of the organization’s Co...

23.07.19

SCFI Turns Upward, CCFI Falls for 4 Consecutive Weeks

The composite Shanghai Containerized Freight Index (SCFI) turned upward in Week 28, improving 5.1% to 979.11 points, thanks to growth in freight rates for containers to North America, South America...

23.07.18

WCI Marginally Increases in Week 28

The composite World Container Index (WCI) increased a marginal 0.9% from the previous week to $1,488.13 per FEU in Week 28, which has dropped 78.7% when compared with the same week of last year, ac...

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