News
23.07.14
FuelEU Maritime to Take Effect in 2025
The European Parliament (EP) adopted the FuelEU Maritime regulation by majority vote on Tuesday with 555 members in favor, 48 against and 25 abstentions. The new regulation will take effect on Jan....
23.07.13
Asia’s Exports to US Plunge in June
Container exports from 10 major Asian economies to the U.S. amounted to 1,473,191 TEUs in June (based on volumes at ports where containers are loaded), according to statistics compiled by Descartes...
23.07.12
SCFI Returns to Downward Trend
The composite Shanghai Containerized Freight Index (SCFI) closed at 931.73 points in Week 27, which decreased 2.3% from the previous week to return to a downward trend as spot rates slid on most tr...
23.07.11
US imports Plunge 19.3% in May
U.S. ports covered by Global Port Tracker (GPT) handled 1.93 million TEUs of containers in May, up 8.5% from April but down 19.3% from May 2022, according to a recent report by the National Retail ...
23.07.10
WCI Decreases 1.3% in Week 27
The composite World Container Index (WCI) decreased 1.3% from the previous week to $1,474. per FEU in Week27, which has dropped 79.1% since the same week of last year, according to Drewry Maritime ...
23.07.07
Retail Trans-Pacific Rates Outpace Market Average
Spot rates are sluggish due to weakening demand on the Asia-North America trade, but spot rates for the retail industry are higher than the market average, according to Xeneta, an Oslo, Norway-base...
23.07.06
COSCO Suffers Notable Profit Decreases in H1
COSCO Shipping Holdings estimates that it suffered notable decreases in profit year on year in the first half (January-June). It is envisaged that EBIT plunged 74.1% to RMB24.7 billion (US$3.4 bill...
23.07.05
SCFI Increases for 1st time in 4 Weeks
The composite Shanghai Containerized Freight Index (SCFI) closed at 953.6 points in Week 26, according to the Shanghai Shipping Exchange (SSE). Rising 3.2% from the previous week, the composite ind...
23.07.04
ILWU Canada Stages Strikes at BC Ports
Dockworkers from the International Longshore and Warehouse Union Canada (ILWU Canada) went on strikes on Saturday morning at the ports of Vancouver, Prince Rupert and others in British Colombia. Th...
23.07.03
Container Throughput Index Rises in May
According to the latest flash estimate the Container Throughput Index of the RWI-Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) reached a season...
