News
24.08.30
Number of containerships at LA, LB Ports on Rise
Through Aug. 23, there were an average of 19.6 containerships at berth at the U.S. ports of Los Angeles and Long Beach per day in August, according to Marine Exchange of Southern California (MXSOCA...
24.08.29
MLIT to Request ¥314.2 Bil. Budget for FY2025
The Ports and Harbours Bureau of Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has unveiled that it will submit a request for budget allocations for fiscal 2025 that amount...
24.08.28
Asia’s Europe-Bound Container Exports Grow 8% in June
Container exports from Asia to Europe amounted to 1.59 million TEUs in June, up 8% year on year, according to statistics compiled by the Japan Maritime Center (JMC) from data provided by the U.K.’s...
24.08.27
NCFI Decreases 5.4% as Spot Rate Declines Accelerated on Europe Trade
The composite Ningbo Containerized Freight Index (NCFI) turned down again in Week 34, down 5.4% from the previous week to 2,310.2 points, as declines in spot rates for container exports from Ningbo...
24.08.26
Drewry Expects 2024 to be 2nd Highest Container Manufacturing Year
Drewry expects 2024 to be the second highest year on record for dry freight container manufacturing, driven by the all-time high quarterly production in the second quarter (April-June), followed by...
24.08.23
Japan-US Container Exports Grow 14.3% in July
Container exports from Japan to the U.S. totaled 56,174 TEUs in July (based on volumes at ports of origin), up14.3% from a year earlier, registering a double-digit increase for four consecutive mon...
24.08.22
US Port Strike Fears Stoked as ILWU Pledges Solidarity with ILA
Raising the specter that a threatened Maine to Texas U.S. port strike could ratchet into something even further reaching, Willie Adams, U.S. West Coast dockworkers’ union president on Friday wrote ...
24.08.21
KCCI Continues to Decline for 6 Weeks Running
The latest KOBC Container Composite Index (KCCI) came to 4,659 points on Monday, going down 0.3% from a week earlier and remaining on the decline for six weeks in a row, Korea Ocean Business Corp. ...
24.08.20
NCFI Increases as Spot Rates Improved on NA Route
The composite Ningbo Containerized Freight Index (NCFI) reached 2,440.9 points in Week 33, up 0.2% from the previous week as spot rates for exports to North America improved, according to the Ningb...
24.08.19
WCI Decreases 2% in Week 33
The World Container Index (WCI) decreased 2% from the previous week to $5,428 per FEU in Week 33, continuing to fall for four consecutive weeks, according to Drewry Maritime Research. The latest co...
