News

 

21.04.09

US Retail Import Surge Expected Through Summer

The unprecedented surge of imports at retail container ports in the U.S. that began last summer is expected to continue at least through the end of this summer as retailers work to meet increased c...

21.04.09

FMC Meeting Addresses Carriers Alliance Monitoring

The U.S. Federal Maritime Commission (FMC) met virtually and in closed session on Wednesday to discuss developments in the ongoing Fact Finding 29 investigation of challenges to the freight deliver...

21.04.08

India's Concor Offers 50% Discount for Empty Container Move

India's state-run Container Corporation of India (Concor) has offered the trade a discount of 50% discount on the rail freight tariff for movement of empty containers from gateway ports to various ...

21.04.07

South Korea's Box Traffic Edges down 0.9% in February

South Korean ports handled a total of 2.21 million TEUs of containers in February, down 0.9% year on year. In breakdown, exports accounted for 650,000 TEUs, down 4%, but imports grew a favorable 3....

21.04.06

CCFI, SCFI Both Increase for First Time in Five Weeks

The Shanghai Shipping Exchange (SSE) has unveiled freight rates in Week 13 for exporting containerized shipments from China. The composite China Containerized Freight Index (CCFI) went up 0.4% from...

21.04.06

Korea-Japan Box Trade Edges up 1% in Jan.-Feb.

A total of 283,600 TEUs of containers were traded between South Korea and Japan in January-February, swelling 1% from the 281,400 TEUs moved on the route in the corresponding two months of 2020, ac...

21.04.05

Suez Canal Shipping Backlog Cleared

The queue of hundreds of ships waiting to cross through the Suez Canal has been cleared, according to the Suez Canal Authority (SCA). During the six days the ''Ever Given'' remained stuck, 422 vess...

21.04.05

Hong Kong Terminal Operators to Introduce eRO in July

Full implementation of Electronic Release Order for Import Container Release To enhance the competitiveness of the Port of Hong Kong and to facilitate Hong Kong to become a Smart Port for future ge...

21.04.01

Korea - South East Asia Economies Box Trade Dips 2.4% in Feb.

South Korea traded a total of 321,100 TEUs of containers with eight other countries and territories in Asia in February, which decreased 2.4% year on year from 329,100 TEUs. The route enjoyed an im...

21.04.01

Port of Tokyo’s Box Throughput Slips 5.4% to 3.13 Mln TEUs in 2020

The Port of Tokyo handled 3,133,486 TEUs of oceangoing containers in 2020, down 5.4% from the previous calendar year. Exports accounted for 874,534 TEUs, down 6.4%, and imports, 2,258,952 TEUs, dow...

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