News
25.01.15
US Container Imports Grow 14.7% in Nov.
A potential strike at U.S. East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen a surge in...
25.01.14
WCI Increases 2% in Week 2
The World Container Index (WCI) increased 2% from the previous week to $3,986 per FEU in Week 2, which was higher by 30% than a year earlier, according to Drewry. The composite index was 62% below ...
25.01.10
ILA, USMX Agree on 6-Year Agreement
The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have successfully negotiated a tentative six-year master contract, preventing potential major suppl...
25.01.09
Foreign-Trade Containers to/from Tokyo Grow 3.3% to 358K TEUs in Sept.
The Port of Tokyo handled 358,439 TEUs of foreign-trade containers in September 2024, up 3.3% from the same month of 2023 for six consecutive months of year-on-year growth, according to preliminary...
25.01.08
KCCI Hikes 4.41% as Busan-US Spot Rates Surge
The latest KOBC Container Composite Index (KCCI) quoted 3,480 points on Monday, Korea Ocean Business Corp. (KOBC) announced on the same day. The composite index hiked 4.41% from a week earlier as s...
25.01.07
CCFI, SCFI Both Increase in Week 1
The composite China Containerized Freight Index (CCFI) quoted 1,515.07 points in Week 1, up 2.2% from the previous week for a year-on-year rise for the fourth consecutive week, the Shanghai Shippin...
25.01.06
Drewry: MPV Market Shows Positive Outlook for Charters, Shipowners
The multipurpose vessel (MPV) market shows a positive outlook for charterers and shipowners, despite challenges such as geopolitical conflicts and expected trade tariffs, according to Drewry. Drewr...
24.12.27
H2 Refueling Project Carried out at Nagoya Port
The Nagoya Port Authority recently deployed fuel-cell forklifts for a container terminal operator and private operators doing business at the Port of Nagoya to promote the use of fuel cell in...
24.12.26
Shipments to/from China Grow 3.7% in Nov.
Chinese ports handled 1.53 billion tons of shipments in November, up 3.7% year on year, according to the nation’s transport ministry. Coastal ports processed 948.9 million tons, up 3.2%, and inland...
24.12.25
Asia-Europe Exports Jump 18.2% in Oct.
Container exports from Asia to Europe amounted to 1.5 million TEUs in October, up 18.2% for their first year-on-year growth in two months, according to statistics compiled by the Japan Maritime Cen...