News
24.08.14
US Container Imports Grow 11% in July
July 2024 U.S. container import volumes increased from June 2024, growing 11.2% to 2.56 million TEUs. July volumes represent a 26-month high since the all-time high set in May 2022. This also marks...
24.08.13
WCI Continues to Fall for 3 Weeks Running
The World Container Index (WCI) decreased 3% from the previous week to $5,551 per FEU in Week 32, which has continued to fall for three weeks in a row, according to Drewry Maritime Research. The la...
24.08.09
US Senators Introduce Strategic Port Reporting Act
U.S. Senators Mark Kelly (D-AZ), Marco Rubio (R-FL) and Rick Scott (R-FL) have introduced the Strategic Port Reporting Act, bipartisan, bicameral legislation that would require the U.S. Department ...
24.08.08
July NCFI Increases 0.5% from June, 301.9% from July ’23
The composite Ningbo Containerized Freight Index (NCFI) averaged 2,732 points in July, up 0.5% from June and 301.9% from July 2023, according to the Ningbo Shipping Exchange (NBSE). On the 21 trade...
24.08.07
Scrubbers Installed on Over 50% of VLCCs since Introduction of IMO Rules
It has been over four years since the International Maritime Organization (IMO)’s global sulfur rules were introduced. In terms of scrubber uptake, the technology as expected became most popular wi...
24.08.06
Turkey to Implement Its Own ETS
Turkish politicians are pressing ahead with their own emissions trading scheme (ETS) for shipping which will align largely with the European Union’s own recently introduced ETS. The policy now awai...
24.08.05
Panama Canal Introduces Slot Allocation Method for Neopamamaxes
The Panama Canal has announced the introduction of a Long-Term Slot Allocation (LoTSA) Method for Neopanamax vessels to increase transit certainty and flexibility for our clients. Currently, the sl...
24.08.02
Japan's Exports, Imports Remain Negative with Improvements
Japan' exports and imports remained in negative territory in the second quarter (April-June) but improved from the previous three months, according to a survey that NX Logistics Research Institute ...
24.08.01
ONE Accomplishes Massive Revenue, Profit Increases in Q1
Ocean Network Express (ONE) accomplished massive increases in revenue and profit in the first quarter (April-June). On the background of a steady recovery in container movement, capacity supply bec...
24.07.31
Asia’s U.S.-Bound Container Exports Surge 14.8% in June
Container exports from 18 Asian countries and regions to the U.S. amounted to 1.81 million TEUs in June, surging 14.8% from a year earlier, according to statistics compiled by the Japan Maritime Ce...
