News

 

24.10.31

Int’l Air Cargo Demand Grows 8.9% in Sept.

International air cargo demand as measured in freight ton kilometers (FTK) grew 8.9% to 6.08 billion FTKs in September, according to the Association of Asia Pacific Airlines (AAPA). On the back of ...

24.10.30

Asia-Europe Container Exports Hit New Monthly Record in Aug.

Container exports from Asia to Europe amounted to 1.63 million TEUs in August, up 14.5% compared to the corresponding month of 2023, according to the Japan Maritime Center (JMC), which has compiled...

24.10.29

Japan’s Big 6 Ports Report 3% Volume Decline for Aug.

Japan’s six major ports handled a total of 1.05 million TEUs of oceangoing containers in August, which shrank 3% from a year earlier, their first year-on-year contraction in five months, according ...

24.10.28

WCI Decreases 4% in Week 43

The World Container Index (WCI) decreased 4% from the previous week to $3,095 per FEU in Week 43, according to Drewry Maritime Research. It has been on the decline for 14 consecutive weeks but stil...

24.10.25

S. Korea-China Trade Grows 7.56% to 2.6 Mil. TEUs in Jan.-Sept.

A total of 2.6 million TEUs of containers were traded between South Korea and China in the first nine months (January-September) of 2024, up 7.56% year on year, according to the Yellow Sea Liner Sh...

24.10.24

Containers to/from Osaka Swell 7.3% to 185K TEUs in Sept.

The Port of Osaka processed 185,050 TEUs of containers in September, up 7.3% from a year earlier, the first year-on-year improvement it had accomplished in two months, according to the Osaka Ports ...

24.10.23

Japan’s U.S.-Bound Container Exports Plunge 24.4% in Sept.

Japan’s container exports to the U.S. amounted to 45,912 TEUs in September (based on volumes at ports of origin), Descartes Datamyne announced yesterday. They plunged 24.4% from the corresponding m...

24.10.22

NCFI Rises in Week 42 as Supply-Demand Balance Improves

The composite Ningbo Containerized Freight Index (NCFI), which was set at a benchmark 1,000 points in Week 10 of 2012, reached 1,531.6 points in Week 42, up 2.5% from the previous week, according t...

24.10.21

WCI Decreases 4% in Week 42

The World Container Index (WCI) decreased 4% from the previous week to $3,216 per FEU in Week 42, according to Drewry Maritime Research. The index has been on the decline for the 13th consecutive w...

24.10.18

IACI Falls 15% to $500/TEU in 1st 2 Weeks of Oct.

The Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 15% to a seven-month low of $500 per FEU in the first two weeks of this month, as spot ...

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