News
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...
25.01.21
CCFI Down 0.2%; SCFI, 7% in Week 3
The composite China Containerized Freight Index (CCFI) fell 0.2% from the previous week to 1,557.76 points in Week 3, according to the Shanghai Shipping Exchange (SSE). Meanwhile, the composite Sha...
25.01.20
WCI Decreases 3% in Week 3
The World Container Index (WCI) decreased 3% from the previous week to $3,855 per FEU in Week 3, 2% higher than the same week of 2023, according to Drewry. The composite index was 63% below the pre...
25.01.17
IMB: 116 Piracy Cases Reported in 2024
The International Maritime Bureau (IMB)’s Piracy Reporting Centre (PRC) has unveiled in its annual Piracy and Armed Robbery Report that 116 incidents were reported against ships in 2024, compared t...
25.01.16
US Container Imports from Asia Grow 13.7% in Dec.
U.S. container imports from 10 major Asian countries and regions amounted to 1.72 million TEUs in December 2024 (based on volumes at ports of origin), up 13.7% year on year, according to statistics...
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...
