News
24.12.13
Yokkaichi Port Designates Decarbonization Promotion Area
The Port of Yokkaichi in central Japan designated a part of a commercial port near its Kasumigaseki District an area for promoting decarbonization on Wednesday. It was the first such designation ev...
24.12.12
IATA: Airline Net Profits Expected to be $36.6 Bil. in 2025
The International Air Transport Association (IATA) recently announced its financial outlook for the global airline industry in 2025, which shows a slight strengthening of profitability amid ongoing...
24.12.11
US Container Imports Grow 9.3% in Oct.
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, U.S. major container ports are expected to see a ...
24.12.10
CCFI Registers 1st Decline in 6 Weeks; SCFI Increases for 2 B2B Weeks
The composite China Containerized Freight Index (CCFI) quoted 1,465.16 points in Week 49, down 0.6% from the previous week for the first decline in six weeks, according to the Shanghai Shipping Exc...
24.12.09
WCI Increases 6% as Europe, MED. Freight Rate Surge
The World Container Index (WCI) increased 6% from the previous week to $3,533 per FEU in Week 49, which was 142% higher than a year earlier, according to Drewry. The composite index was 66% below t...
24.12.06
Yokohama’s Hydrogen Fuel-Cell System Undergoes Verifications
The city of Yokohama’s Port and Harbor Bureau has stopped to operate the parts of its self-sustained hydrogen fuel-cell system that use hydrogen for 10th-year verifications. For the time being, Yok...
24.12.05
US Container Imports from Asia Continue to Grow in 2017-2014
Container imports to the U.S. from Asia have continued to grow over the last seven years despite the introduction of import tariffs in the U.S. since 2018. Overall cargo trade grew 3.5% on a compou...
24.12.04
KCCI Decreases as Ex-Busan Rates Fall to US, on Some Non-Main Lanes
The latest KOBC Container Composite Index (KCCI) quoted 3,013 points on Monday, Korea Ocean Business Corp. (KOBC) reported on the same day. Freight rates for container exports from the South Korean...
24.12.03
CCFI Remains Upward for 5 Weeks; SCFI Comes Back in Week 48
The composite China Containerized Freight Index (CCFI) quoted 1,474 points in Week 48, which increased 0.4% from the previous week for five consecutive weeks of growth, according to the Shanghai Sh...
24.12.02
WCI Decreases 2% in Week 48
The World Container Index (WCI) decreased 2% from the previous week to $3,331 per FEU in Week 48, according to Drewry. The composite index, however, was still 141% higher than a year earlier. It wa...