News
23.11.30
US to Take Actions to Enhance Supply Chains
The U.S. will take some 30 new actions to strengthen its supply chains, President Joe Biden announced on Monday, according to the Japan External Trade Organization (JETRO). The announcement was mad...
23.11.29
Asia-Europe Exports Increase in 2 Digits to All Destinations in Sept.
Container exports from Asia to Europe amounted to 1.43 million TEUs in September, according to the Japan Maritime Center (JMC), which has compiled statistics provided by Container Trades Statistics...
23.11.28
New UN Convention to Streamline Europe-Asia Rail Cargo Carriage
Cargo carriage by rail between Europe and Asia will be made easier, quicker and thus cheaper thanks to the adoption of a new United Nations (UN) convention unifying applicable legal rules. T...
23.11.27
Japan-US Exports Increase in Oct.; US-Japan Imports Decrease in Sept.
Japan’s container exports to the U.S. amounted to 54,409 TEUs in October (based on volumes at ports of origin), up 7.9% from a year earlier, according to Descartes Datamyne. From the previous month...
23.11.24
BIFA Welcomes CMA’s Recommendation to Have CBER Lapse
The British International Freight Association (BIFA) has welcomed the news that the U.K.’s Competition and Markets Authority (CMA) is recommending, provisionally, that the Consortia Block Exemption...
23.11.22
Ex-Busan Container Rate Index Goes Down
The KOBC Container Composite Index (KCCI) closed at 1,255 points on Monday, according to Korea Ocean Business Corp. (KOBC). The index fell 0.55% from the previous week and has stayed on the decline...
23.11.21
UK’s CMA Not to Recommend Retained CBER Replacement
The U.K.’s Competition and Markets Authority (CMA) no longer proposes to recommend a replacement of the retained Consortia Block Exemption Regulation (CBER). Its provisional view is that the retain...
23.11.20
WCI Decreases in Week 46, 3% Above 2019 Average
The composite World Container Index (WCI) decreased by 2% to $1,469 per FEU in Week 46, which has dropped by 43% when compared with the same week of last year, according to Drewry Maritime Research...
23.11.17
OA Overtakes 2M on Asia-NE Trade
There have been major changes in the market shares of the Big Three alliances on the Asia-North Europe trade in the last six years and a half, according to Sea-Intelligence. Ocean Alliance (OA), co...
23.11.16
Thai PM Unveils Land-Bridge Project
Prime Minister Srettha Thavisin of Thailand has unveiled a land-bridge project, building seaports on both the east and west side of the Kra Isthmus, the narrowest part of the Malay Peninsula, and l...
