News
24.02.09
Container Market Grows 0.2% in ’23
In 2023, the container market grew 0.2% year on year, ending at 173.8 million TEUs, according to the Baltic and International Maritime Council (BIMCO). Compared to 2019, before the COVID pandemic h...
24.02.08
EU, CA Nations to Invest EUR10 Bil. to Develop Trans-Caspian Route
The European Union (EU) and Central Asian nations will jointly invest EUR10 billion to transform the Trans-Caspian Transport Corridor into a fast, sustainable route connecting Europe and Central As...
24.02.07
SCFI Remains Robust in Week
The composite Shanghai Containerized Freight Index (SCFI) remained robust at 2,217.73 points in Week 5, which picked up 1.8% from the previous week, led by growth in spot rates for container export...
24.02.06
GPA to Build Savannah Port-Route 17 Overpass
The Georgia Ports Authority (GPA) will invest $29 million in an overpass linking the Port of Savannah’s Ocean Terminal with Route 17 to keep terminal truck traffic from impacting local neighborhood...
24.02.05
Average NCFI More Than Doubles in Jan.
The composite Ningbo Containerized Freight Index (NCFI) averaged 1,612.6 points in January 2024, up 76.3% from December 2023 and 123.6% from January 2023, according to the Ningbo Shipping Exchange ...
24.02.02
Container Throughput at Tokyo Ports Down 10% in Oct. ’23
The Port of Tokyo handled 352,680 TEUs of foreign-trade containers in October 2023, down 10.3% year on year, according to the Tokyo Metropolitan Government (TMG)’s Bureau of Port and Harbor. As for...
24.02.01
Singapore’s JIT Platform Extended
The Just in Time Planning and Coordination Platform (JIT Platform) has been enhanced since January to become available for tankers berthing at the energy terminals and to all vessels calling at the...
24.01.31
Asia-Europe Container Exports Increase in Nov. ’23
Outbound containers from Asia to Europe increased 8.8% year on year to 1.27 million TEUs in November 2023, a year-on-year increase for nine months running, according to statistics compiled by the J...
24.01.30
NCFI Decreases for 2 Weeks Running with Lunar New Year Approaching
The composite Ningbo Containerized Freight Index (NCFI) closed at 1,566.3 points in Week 4, according to the Ningbo Shipping Exchange (NBSE). Spot rates for container exports from Ningbo-Zhoushan d...
24.01.29
5 Organizations: Parts of Legal Framework of EU Customs Law Requires Improvements
As part of a reform of the legal framework in European Union customs law initiated by the European Commission last spring with a specific proposal, the European Shippers' Council (ESC), the Europea...
