News
25.06.23
WCI Falls 7% Due to Spot Rates Plunges on US Trade
The World Container Index (WCI) stood at 3,295 points last Thursday, down 7% from the previous week and 36% from the corresponding week of 2024, according to Drewry. It is a sign that the recent su...
25.06.20
CMA CGM Osiris Becomes 1st Containership to Transit Suez Canal Since March 2024
Ossama Rabiee, chairman of the Suez Canal Authority (SCA), announced the beginning of a new phase in the restoration of mega-containership traffic through the canal. On Wednesday, the Suez Canal wi...
25.06.19
Trans-Pacific Spot Rates May Have Peaked
The latest composite Freightos Baltic Index (FBX) has quoted $3,704 per FEU, up 9% from a week earlier, Freightos announced on Tuesday. From a year earlier, however, the index fell 8.6%. The indivi...
25.06.18
SCFI Falls 6.8% Due to Steep Decrease in USWC-Bound Spot Rates
The composite Shanghai Containerized Freight Index (SCFI) stood at 2,088 points in Week 24, down 6.8% from the previous week, according to the Shanghai Shipping Exchange (SSE). After the U.S. and C...
25.06.17
US Container Imports from Asia Fall 9.9% in May
U.S. container imports from 10 major Asian countries and regions amounted to 1.5 million TEUs in May (bases on volumes at ports of origin), down 9.9% for their first year-on-year contraction in 21 ...
25.06.16
WCI Remains Unchanged from Previous Week
The World Container Index (WCI) quoted 3,543 points in Week 24, which remained nearly unchanged from the previous week but fell 26% from a year earlier, according to Drewry. U.S. President Donald T...
25.06.13
6 PL Container Carriers Record Market Valuation of Over US$10 Bil.
Six publicly listed container carriers record a combined market valuation over US$10 billion, as the Red Sea crisis plus windfall profits from the threat of tariff action continued to keep shipping...
25.06.12
Nikkokyo to Support Port Transport Biz. Stabilization, Streamlining, Service Improvement
The Japan Harbor Transportation Association (Nikkokyo) approved all proposals for fiscal 2025 at its 63rd annual general assembly convened yesterday at the Palace Hotel Tokyo. They include a plan t...
25.06.11
Report: US Container Imports Grow 9.6% in April
Imports to U.S. major container ports are expected to surge through this summer as retailers take advantage of a 90-day reduction in tariffs that were recently imposed on China, according to a Glob...
25.06.10
Int’l Containers to/from Shimizu Grow 3.3% to 36K TEUs in May
The Port of Shimizu in central Japan handled 35,958 TEUs of international containerized shipments in May, up 3.3%, marking the third consecutive month of year-on-year growth, according to prelimina...
