News
23.12.14
UNCTAD: Global Trade Will Shrink in 2023
Global trade is projected to end the year 5% down compared to 2022’s record level, shrinking by about $1.5 trillion to below $31 trillion, according to the United Nations Conference on Trade and De...
23.12.13
US Container Imports from Asia Grow 8% in Nov.
The U.S. imported 2.1 million TEUs of containers in November, which decreased 8.8% from October but increased 8% from November 2022, according to Descartes Datamyne, which refers to Automated Comme...
23.12.12
GPT: Import Cargo Peak Came Later Than Expected as Volume Kept Growing
Imports to U.S major container ports should continue to slow in the final weeks of 2023 after reaching a peak later than expected this fall, according to a Global Port Tracker (GPT) report released...
23.12.11
US Container Imports Decrease 9% in Nov.
U.S. container imports amounted to 2.1 million TEUs in November, according to data provided by the Customs and Border Protection (CBP), Descartes System Groups announced last week in the December G...
23.12.08
Marine Transport Demand to Recover in Short Term, Grow Slowly in Medium Term
Demand for international marine transport is expected to recover in the short term but grow slowly in the medium term, according to Mizuho Bank, one of the largest banks in Japan. In 2023, containe...
23.12.07
NAWE Backs Port Advisory Committee Establishment Under FMC
The National Association of Waterfront Employers (NAWE) backed a bipartisan letter to the chief of the Federal Maritime Commission (FMC) calling on the FMC to use its existing authority to establis...
23.12.06
SCFI Increase in Week 48
The composite Shanghai Containerized Freight Index (SCFI) stood at 1,010.81 points in Week 48, rising 1.8% from the previous week, which was its first rise in four weeks. On the U.S. and Europe tra...
23.12.05
Indonesia to Implement More Strict Import Formalities
When Indonesia’s Minister of Trade Regulation No. 25 of 2022 is revised, import requirements will be enhanced, leading to more strict import formalities. The nation’s Ministry of Trade held an onli...
23.12.04
WCI Remains Stable in Week 48
The World Container Index (WCI) remained stable from the previous week at $1,382 per FEU in Week 48 this week, which has dropped 40% when compared with the same week of last year, according to Drew...
23.12.01
Japan’s Big 6 Ports Marked 1st YOY Throughput Increase in 6 Months
Japan’s six major ports handled 1.16 million TEUs of containers in September, which increased 1.7% from a year earlier, according to the Ministry of Land, Infrastructure, Transport and Tourism (MLI...
