News
24.05.02
Record Newbuilding Deliveries Being Absorbed as Containerships Being Rerouted
The combined capacity of containerships diverted to the Cape of Good Hope route is expected to exceed the five-million-TEU line within weeks, according to a recent report by Linerlytica. Avoiding H...
24.05.01
ONE Manages to Remain Profitable Despite Severe Declines
Ocean Network Express (ONE) managed to remain profitable despite significant decreases in revenue and profit in fiscal 2023 (April 2023-March 2024). On a revenue of ¥14.54 billion (US$92.38 million...
24.04.30
Japan’s Big 6 Ports Accomplish 1st Throughput Increase in 5 Months
Japan’s six major ports exported and imported a total of 1.03 million TEUs of foreign-trade containers in February, up 1.8%, which was their first year-on-year increase in five months, according to...
24.04.26
Truck Tonnage Index Declines for 13 Months Running
The American Trucking Association (ATA)’s advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 2% in March, which has marked a year-on-year decline for 13 months in a row. The index ...
24.04.25
Japan’s Container Exports to US Minutely Decline in March
Container exports from Japan to the U.S. amounted to 54,292 TEUs in March (based on volumes at ports of origin), down 1% year on year, according to Descartes Datamyne. From the previous months, how...
24.04.24
Asia’s US-Bound Container Exports Up 27% in March, 23% in Q1
Container exports from 18 Asian economies to the U.S. ballooned 27.1% year on year to 1.57 million TEUs in March, according to statistics compiled by the Japan Maritime Center (JMC) with data from ...
24.04.23
NCFI Increases for 4 Weeks Running
The composite Ningbo Containerized Freight Index (NCFI) stood at 1,272.3 points in Week 16, which picked up 1.2% from the previous week, as space supply was tight on the route from Ningbo-Zhoushan ...
24.04.22
Global Container Port Throughput Index Decreases from Previous Month in Feb.
Drewry’s Global Container Port Throughput Index stood at 109.2 points in February, which went down 0.8% from the previous month but up 8.3% from the corresponding month of 2023. The index is projec...
24.04.19
Congestion Escalating at some ECSA Ports
Delays are escalating at some ports on the east coast of South America, according to a recent report on Central and South America unveiled by Maersk. Port congestion and tight line-ups have caused ...
24.04.18
WTO: Economic Impact of Red Sea Crisis Limited
The World Trade Organization (WTO) takes a deep look at the ongoing Red Sea shipping crisis and examines possible consequences on global trade in the section entitled “Analysis: The Suez Canal cris...
