News

 

24.05.28

CCFI, SCFI Both Remain on Rise in Week 21

The composite China Containerized Freight Index (CCFI) stood at 1,389.16 points in Week 21, which picked up 5.9% from the previous week, according to the Shanghai Shipping Exchange (SSE). Meanwhile...

24.05.27

WCI Surges in Week 21, Marking YoY Increase for 5 Weeks Running

The World Container Index (WCI) increased 16% from the previous week to $4,072 per FEU in Week 21, according to Drewry Maritime Research. Remaining on an upward trend for the fifth week in a row, t...

24.05.24

NCFI Jumps in Week 20

The Ningbo Containerized Freight Index (NCFI) stood at 2,037.2 points in Week 20, which jumped 12.4% from the previous week as strong demand raised spot rates for container exports from Ningbo-Zhou...

24.05.23

Yokohama Port’s Container Throughput Grows in Feb.

The Port of Yokohama handled 239,633 TEUs of containers in February, up 6.2% from a year earlier, according to the city of Yokohama’s Port and Harbor Bureau. Foreign-trade containers accounted for ...

24.05.22

SCFI Reaches Highest Point Since Sept. 2022

The composite Shanghai Containerized Freight Index (SCFI) stood at 2,520.76 points in Week 20, up 9.3% from the previous week, according to the Shanghai Shipping Exchange (SSE). The composite index...

24.05.21

NCFI Jumps in Week 20

The Ningbo Containerized Freight Index (NCFI) stood at 2,037.2 points in Week 20, which jumped 12.4% from the previous week as strong demand raised spot rates for container exports from Ningbo-Zhou...

24.05.20

Number of Vessels Transiting Through Suez Canal Reduces to 1/3

The number of vessels transiting through the Suez Canal, a major foreign currency earner for Egypt, has reduced to one-third due to Houthi attacks in the Red Sea, Japan External Trade Organization ...

24.05.17

US to Impose 25% Tariff on Chinese Cranes

The Office of the U.S. Trade Representative (USTR) has completed an investigation into China’s acts, policies and practices related to technology transfer, intellectual property and innovation (sec...

24.05.16

Container Production Steeply Increases in April

The production of new dry containers has been steeply increasing since late 2023 at a time when container shortages are becoming more and more prominent, according to LInerlytica. Container through...

24.05.15

KCCI Continues to Rise for 4 Consecutive Weeks

The latest KOBC Container Composite Index (KCCI) stood at 2,717 points on Monday, up 4.26% from a week earlier, according to Korea Ocean Business Corp. (KOBC). The index has remained on the rise fo...

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