News
24.07.08
WCI Increases 10% in Week 27
The World Container Index (WCI) increased 10% from the previous week to $5,868 per FEU in Week 27, according to Drewry Maritime Research. The index has continued to grow for 12 straight weeks and j...
24.07.05
BIMCO Foresees Tight Supply-Demand Balance in '24, Relaxation in '25
Ship supply is expected to grow on average 10.3% in 2024 and 5.3% in 2025, according to the Baltic and International Maritime Council (BIMCO). Ship demand is projected to increase an estimated 15% ...
24.07.04
Japan’s Strategic Int’l Ports Handle More Exports, Imports in FY2023
Japan’s so-called strategic international ports handled more exports and imports in fiscal 2023 than in fiscal 2018, according to analysis findings made by the Ministry of Land, Infrastructure, Tra...
24.07.03
SCFI Increases in Week 26
The composite Shanghai Containerized Freight Index (SCFI) stood at 3,714.32 points in Week 26, which went up 6.9% due to favorable freight rate movements on the trade to Europe, a greater improveme...
24.07.02
Slots at Panama Canal’s Locks to Increase to 35 in Aug.
Based on the present and projected level of Gatun Lake, the Panama Canal Authority (ACP) has announced an additional booking slot in the Neopanamax Locks during Booking Period 2 for booking dates b...
24.07.01
WCI Increases 4% in Week 26
The World Container Index (WCI) increased 4% from the previous week to $5,318 per FEU in Week 26, which was a week-on-week increase for four consecutive terms, according to Drewry Maritime Research...
24.06.28
Kamaishi Port Incorporated on Int'l Feeder Svc. Route
An international feeder service route has been established to and from the Port of Kamaishi as the Koryu Maru, a domestic vessel run by Yokohama Container Line, called the port earlier this month. ...
24.06.27
Time for Customs Formalities Shortened for Cargo Imported to Japan by Sea
Customs formalities were completed in an average of one hour for marine cargo imported to Japan by sea, according to a survey the Ministry of Finance (MOF)’s Customs and Tariff Bureau conducted fro...
24.06.26
SCFI Make Smallest Increase Since May
The composite Shanghai Containerized Freight Index (SCFI) stood at 3,475.6 points in Week 25, up 2.9% from the previous week. The week-on-week increase was smallest since earlier May, indicating th...
24.06.25
Japan-US Container Exports Jump 16.6% in May
Container exports from Japan to the U.S. amounted to 53,271 TEUs in May (based on volumes at ports of origin), up 16.6% from a year earlier, marking a double-digit year-on-year increase for two mon...