News
25.04.02
KCCI Declines 2.85% as Ex-Busan Rates Decrease on Most Lanes
The latest KOBC Container Composite Index (KCCI) quoted 1,773 points on Monday, Korea Ocean Business Corp. (KOBC) announced on the same day. Spot rates for container exports from Busan continued to...
25.04.01
Containers to/from Japan's 12 Major Ports Increase 0.6% to 3.89 Mil. TEUs
Japan's 12 major ports handled 3.89 million TEUs of foreign-trade containers in the third quarter (July-September) of 2024, up 0.6% year on year, according to the Tokyo-based Harbor Modernization P...
25.03.31
WCI Decreases 4% in Week 13
The World Container Index (WCI) decreased 4% from the previous week to $2,168 per FEU in Week 13, according to Drewry. The composite was 79% below the previous pandemic peak of $10,377 per FEU in S...
25.03.28
Gemini Clears Goal of 90% Schedule Reliability in Feb.
New data from Sea-Intelligence have confirmed early schedule reliability figures for the Gemini Cooperation were above its targeted 90% threshold. However, they also shows that the first mont...
25.03.27
Throughput at Japan’s Big 6 Ports Rises 1.8% to 1.06 Mil. TEUs in Jan.
Japan’s six major ports processed a combined 1.06 million TEUs of international containers in January, up 1.8%, which have enjoyed a year-on-year enlargement for two back-to-back months, according ...
25.03.26
Japanese Dockworkers to Stage Strike on March 30
The National Federation of Dockworkers Unions of Japan (Zenkoku Kowan) and the Japanese Confederation of Port and Transport Workers’ Union s (Koun Domei) inform The Japan Harbor Transportation Asso...
25.03.25
Study: European Shipping Key for Regional Security
European shipping, which controls 35% of the global fleet with 22,318 ships, is key for the region’s security, according to a recent study. The European Community Shipowners Associations (ECSA), wh...
25.03.24
WCI Decreases 4% in Week 12 as Asia-NA Rates Plunge
The World Container Index (WCI) decreased 4% from the previous week to $2,264 per FEU in Week 12, according to Drewry. The composite index fell was 78% below the previous pandemic peak of $10,377 p...
25.03.21
No-Show Penalties to be Imposed for Yokohama's CONPAS Bookings
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) of Japan's Kanto Regional Development Bureau will begin imposing penalties at the Port of Yokohama's Minami Honmoku Pier on a full...
25.03.19
KOBC Down 8.88% as Ex-Busan Rates Decline on Most Lanes
The latest KOBC Container Composite Index (KCCI) stood at 1,950 points on Monday, Korea Ocean Business Corp. (KOBC) announced on the same day. The composite index fell 8.88% from a week earlier as ...
