News
24.07.17
US Container Imports from Asia Increase 15.8% in June, 16.3% in H1
U.S. container imports from 10 major economies in Asia amounted to 1.7 million TEUs in June (based on volumes at ports of origin), up 15.8% year on year, according to statistics compiled by Descart...
24.07.16
60 Piracy, Armed Robbery Cases Reported in H1
Sixty incidents of piracy and armed robbery against ships were recorded in the first half of 2024, a decrease by five from 65 in the same period in 2023, according to the International Maritime Bur...
24.07.12
US Container Imports Surge 10.4% in June
U.S. container imports remained brisk in June, surging 10.4% year on year to 2.3 million TEUs, according to the latest issue of Global Shipping Report unveiled by Descartes System Group. From the p...
24.07.11
NRF: US Retails Sales Will Grow 2.5-3.5% in 2024
The National Retail Federation (NRF) forecasts that in 2024, retail sales will grow between 2.5% and 3.5% from 2023, according to the latest issue of Global Port Tracker released by the NRF and Hac...
24.07.10
KCCI Continues to Rise for 12 Consecutive Weeks
The latest KOBC Container Composite Index (KCCI), a South Korean index for freight rates for container exports from Busan, reached 5,135 points on Monday, Korea Ocean Business Corp. (KOBC) announce...
24.07.09
Fukui Pref. Granting Subsidies to Promote Modal Shifts
Fukui Prefecture in central Japan is promoting modal shifts to marine transport to increase cargo to and from and the use of the Port of Tsuruga. To address the so-called 2024 problem, a driver sho...
24.07.08
WCI Increases 10% in Week 27
The World Container Index (WCI) increased 10% from the previous week to $5,868 per FEU in Week 27, according to Drewry Maritime Research. The index has continued to grow for 12 straight weeks and j...
24.07.05
BIMCO Foresees Tight Supply-Demand Balance in '24, Relaxation in '25
Ship supply is expected to grow on average 10.3% in 2024 and 5.3% in 2025, according to the Baltic and International Maritime Council (BIMCO). Ship demand is projected to increase an estimated 15% ...
24.07.04
Japan’s Strategic Int’l Ports Handle More Exports, Imports in FY2023
Japan’s so-called strategic international ports handled more exports and imports in fiscal 2023 than in fiscal 2018, according to analysis findings made by the Ministry of Land, Infrastructure, Tra...
24.07.03
SCFI Increases in Week 26
The composite Shanghai Containerized Freight Index (SCFI) stood at 3,714.32 points in Week 26, which went up 6.9% due to favorable freight rate movements on the trade to Europe, a greater improveme...