CCFI Down for 6 Weeks Running, SCFI Up in 2 Digits

The composite China Containerized Freight Index (CCFI) stood at 811.5 points in Week 43, which fell 0.7% from the previous week and has kept on the decline for eight weeks in a row, according to th...


WCI Slightly Decreases in Week 43

The composite World Container Index (WCI) decreased 2% from the previous week to $1,342 per FEU in Week 43, which has dropped 57% when compared with the same week of last year, according to Drewry ...


Xeneta: Demand Will Grow 2.5%, Supply Will Grow 6.5% in 2024

Xeneta projects that demand will grow 2.5% in 2024 in the ocean freight market at a time when supply is expected to grow 6.5%. Spot rates will remain volatile, according to the Oslo-based freight r...


DP World Calls on MUA to Return to Bargaining Table

Following the updated news of additional industrial action extending into November, DP World has called on the Construction, Forestry, Maritime, Mining and Energy Union (CFMEU)’s Maritime Union of ...


SCFI Picks up for 2 Weeks Running

The composite Shanghai Containerized Freight Index (SCFI) stood at 917.66 points in Week 42, which picked up 2.9% from the previous week, according to the Shanghai Shipping Exchange (SSE). The comp...


CMA CGM Delivers 1st Peruvian Grapes to Japan

CMA CGM has delivered the first shipment of Peruvian grapes to Japan via its Asia Central South America 1 (ACSA1) service. The milestone shipment was received at the CMA CGM-operated Honmoku D4 ter...


FIATA Welcomes EC's Decision not to Extend CBER

Welcoming the European Commission (EC)'s decision not to extend the validity of the Consortia Block Exemption Regulation (CBER), which is due to end in April 2024, the International Federation of F...


EPA Authorizes New At-Berth Regulation

The California Air Resources Board (CARB) has received authorization from the U.S. Environmental Protection Agency (EPA) under the Clean Air Act for its 2020 At-Berth Regulation, which further redu...


ASA Issues Statement Against EC Decision Not to Extend CBER

The Asian Shipowners' Association (ASA) has issued a statement against the decision the European Commission (EC) recently made not to extend the EU's Consortia Block Exemption Regulation (CBER) bey...


KCCI Goes Down for 7 Weeks Running

The latest KOBC Container Composite Index (KCCI) closed at 1,157 points on Monday, which went down 1.1% from a week earlier and has continued to fall for seven consecutive weeks, according to Korea...



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