News

 

25.02.25

WCI Decreases 10% in Week 8

The World Container Index decreased 10% to $2,795 per FEU in Week 8 this week, which was 24% lower than a year earlier, according to Drewry. The composite index was 73% below the previous pandemic ...

25.02.21

Demand Growth Expected to Fall When Vessels Return to Suez Canal

When the Red Sea crisis emerged, urging vessels to sail around Africa, Asia-Europe supply chains became seven to 14 days longer. It dalso means that most shippers increase inventories accordingly, ...

25.02.20

Global Container Movement Expands 6% to Over 180 Mil. TEUs in 2024

A total of 183.2 million TEUs of containers were traded worldwide in 2024, up 6% from the previous calendar year, according to Container Trades Statistics (CTS). On a monthly basis, volumes surpass...

25.02.19

KCCI Falls 3.86% as Ex-Busan Rates Decrease on Most Routes

The latest KOBC Container Composite Index (KCCI) quoted 2,693 points, Korea Ocean Business Corp. (KOBC) announced on Monday. Spot rates for container exports from Busan declined on most trade lanes...

25.02.18

IACI Decreases 8% in H1 of Feb.

The Intra-Asia Container Index (IACI) decreased 8% to reach $667 per FEU in the first half of February, according to Drewry. Despite this decline, the IACI remained 33% higher than in the same peri...

25.02.17

US Container Imports from Asia Establish New Monthly Record in Jan.

U.S. container imports from 10 major Asian economies amounted to 1.85 million TEUs in January (based on volumes at ports of origin), according to statistics Descartes Datamyne has compiled from dat...

25.02.14

Emissions-Related Surcharges Double on Asia-Europe Trade

Emissions-related surcharges have on average doubled on the mainline Asia-Europe trade so far this year as carriers contend with the European Union (EU)’s stricter decarbonization measures, accordi...

25.02.13

KCCI Wanes 5.08% as Ex-Busan Rates Mostly Decrease

The latest KOBC Container Composite Index (KCCI) stood at 2,801 points, Korea Ocean Business Corp, (KOBC) announced earlier this week. Spot rates for container exports from Busan mostly decreased, ...

25.02.12

US Container Imports Total 2.14 Mil. TEUs in Dec., 25.5 Mil. in 2024

Imports to U.S. major container ports are expected to remain high as retailers continue to bring in cargo ahead of growing tariffs on China and threats against other countries, according to a Globa...

25.02.10

WCI Decreases 3% in Week 6

The World Container Index (WCI) decreased 3% from the previous week to $3,273 per FEU in Week 6, which was also 3% lower than a year earlier, according to Drewry. The composite index was 68% below ...

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