News
24.11.07
BIMCO Projects Capacity to Reach 3 Mil. TEUs
A total of 410 ships with a capacity of 2.5 million TEUs have been delivered, surpassing the previous full year high of 2.3 million TEUs in 2023,” according to Niels Rasmussen, chief shipping analy...
24.11.06
KCCI Turns Upward as ex-Busan Rates Improve on Europe, Med. Routes
The latest KOBC Container Composite Index (KCCI) quoted 3,259 points on Monday, Korea Ocean Business Corp. (KOBC) announced on the same day. The index picked up 2.23% from a week earlier as freight...
24.11.05
WCI Increases 4% in Week 44, 1st Improvement Since Aug.
The World Container Index (WCI) increased 4% from the previous week to $3,213 per FEU in Week 44, its first improvement in 15 weeks, according to Drewry Maritime Research. It was, however, 129% hig...
24.11.01
Drewry' Intra-Asia Index Increases 15% in Last 2 Weeks of Oct.
The Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, increased 15% in the last two weeks of October to $573 per FEU, the first uptick after six ...
24.10.31
Int’l Air Cargo Demand Grows 8.9% in Sept.
International air cargo demand as measured in freight ton kilometers (FTK) grew 8.9% to 6.08 billion FTKs in September, according to the Association of Asia Pacific Airlines (AAPA). On the back of ...
24.10.30
Asia-Europe Container Exports Hit New Monthly Record in Aug.
Container exports from Asia to Europe amounted to 1.63 million TEUs in August, up 14.5% compared to the corresponding month of 2023, according to the Japan Maritime Center (JMC), which has compiled...
24.10.29
Japan’s Big 6 Ports Report 3% Volume Decline for Aug.
Japan’s six major ports handled a total of 1.05 million TEUs of oceangoing containers in August, which shrank 3% from a year earlier, their first year-on-year contraction in five months, according ...
24.10.28
WCI Decreases 4% in Week 43
The World Container Index (WCI) decreased 4% from the previous week to $3,095 per FEU in Week 43, according to Drewry Maritime Research. It has been on the decline for 14 consecutive weeks but stil...
24.10.25
S. Korea-China Trade Grows 7.56% to 2.6 Mil. TEUs in Jan.-Sept.
A total of 2.6 million TEUs of containers were traded between South Korea and China in the first nine months (January-September) of 2024, up 7.56% year on year, according to the Yellow Sea Liner Sh...
24.10.24
Containers to/from Osaka Swell 7.3% to 185K TEUs in Sept.
The Port of Osaka processed 185,050 TEUs of containers in September, up 7.3% from a year earlier, the first year-on-year improvement it had accomplished in two months, according to the Osaka Ports ...
