News
25.04.17
Budgets Earmarked for Redevelopment at Yokohama, Kawasaki Ports
The Keihin Port Office of the Ministry of Land, Infrastructure, Transport and Tourism (MLIT)’s Kanto Regional Development Bureau has set aside budgets for fiscal 2025 business activities. For the r...
25.04.16
KCCI Turns Downward as Ex-Busan Rates Fall to Europe, Med.
The latest KOBC Container Composite Index (KCCI) quoted 1,800 points on Monday, Korea Ocean Business Corp. (KOBC) announced on the same day. The composite index declined 1.59% from a week earlier a...
25.04.15
US Container Imports from Asia Grow 13% in March
U.S. container imports from 10 major Asian economies added up to 1.64 million TEUs in March (based on volumes at ports of origin), up 12.8% from March 2024 for 19 consecutive months of year-on-year...
25.04.14
WCI Increase for B2B Weeks
The World Container Index (WCI) increased 3% from the previous week to $2,265 per FEU in Week 15, marking a week-on-week rise for two consecutive weeks, according to Drewry. The composite index was...
25.04.11
US Container Imports Up 5.2% in Feb.
With sweeping tariffs now imposed on all U.S. trading partners, imports to U.S. major container ports is expected to drop dramatically beginning next month, according to a Global Port Tracker (GPT)...
25.04.10
USTR: Not All of Proposed Fees for Chinese-Built Ships
U.S. Trade Representative (USTR) Jamieson Greer told lawmakers on Tuesday that not all of the agency's proposed multimillion-dollar fees for Chinese-built ships to dock at U.S. ports will be implem...
25.04.09
KCCI Increases 3.16% Due to 2-Digit Rises in Busan-US Rates
The latest KOBC Container Composite Index (KCCI) quoted 1,829 points on Monday, Korea Ocean Business Corp. (KOBC) announced on the same day. The composite index turned upward, going up 3.16% from a...
25.04.08
CCFI Down 10.8%; SCFI Up for 2 Weeks Running
The composite China Containerized Freight Index (CCFI) quoted 1,102.71 points in Week 14, down 0.8% from the previous week, according to the Shanghai Shipping Exchange (SSE). In contrast, the compo...
25.04.07
WCI Increases for 1st Time in 12 Weeks
The World Container Index (WCI) increased 2% from the previous week to $2,208 per FEU in Week 14, the first year-on-year increase in 12 weeks, according to Drewry. The composite index was 79% below...
25.04.04
BIMCO: Ex-China Container Rates Incur Greatest Q1 Fall in 20 Years
Average container freight rates for Chinese exports have dropped 28% since the start of the year, the worst first-quarter development in 20 years, according to a report released yesterday by the Ba...