News
25.02.04
Yokohama Unveils FY2025 Port, Harbor Budget Draft
The general account for the city of Yokohama’s Port and Harbor Bureau amounts to ¥15.81 billion (US$102.4 million), according to a fiscal 2025 (April 2025-March 2026) budget draft outlined recently...
25.02.03
WCI Decreases 2% in Week 5
The World Container Index (WCI) decreased 2% from the previous week to $3,364 per FEU in Week 5, which was down 12% from a year earlier, according to Drewry. The composite index was 68% below the p...
25.01.31
China Takes No. 1 Spot in Fleet Value
China has surged to the top, overtaking Japan and Greece in total fleet value, according to an analysis of fleet values made by Veson Nautical, a U.S. commercial maritime software and service provi...
25.01.30
Shipping Schedule Reliability Falls to 53% in Dec.
In December 2024, global schedule reliability dropped by 0.9 percentage points from the previous month to 53.8%, according to Issue 161 of Sea-Intelligence’s Global Liner Performance (GLP) report, ...
25.01.29
Asia-US Container Exports Jump in Dec., Hit All-Time High in 2024
Container exports to the U.S. from 18 Asian countries and regions amounted to 1.82 million TEUs in December, up 14.6% for a year-on-year increase for the 15th consecutive month, according to statis...
25.01.28
CCFI Down 3.4%; SCFI, 4% in Week 4
The composite China Containerized Freight Index (CCFI) stood at 1,505.1 points in Week 4, down 3.4% from the previous week, according to the Shanghai Shipping Exchange (SSE). Meanwhile, the composi...
25.01.27
WCI Decreases 11% in Week 4
The World Container Index (WCI) decreased 11% from the previous week to $3,445 per FEU in Week 4, which declined 13% from a year earlier, according to Drewry. The composite index was 67% below the ...
25.01.24
Consultancy: Dry Bulk Market to Go Through Tough Year
The dry bulk shipping market is expected to go through a tough year in 2025, which could cut demand 1% from the previous calendar year, according to Tradeviews. The U.K. trade analyzer and consulta...
25.01.23
Japan-US Container Trade Swells 5.7% in 2024
Container movements from Japan to the U.S. totaled 643,433 TEUs in 2024 (based on volumes at ports of origin), up 5.7% from the previous calendar year, Descartes Datamyne announced yesterday. Direc...
25.01.22
Drewry Warns Not to Expect Suez Transits to Return to Normal Soon
Following the start of a ceasefire deal between Israel and Hamas that started on Monday, the Houthis swiftly issued a statement saying it will stop attacks on all non-Israeli-linked commercial ship...
