News
24.01.15
120 Piracy, Armed Robbery Cases Reported in 2023
The International Maritime Bureau (IMB)’s annual Piracy and Armed Robbery Report recorded 120 incidents of maritime piracy and armed robbery against ships in 2023, an increase of five from 115 in 2...
24.01.12
BIMCO: 2024 Deliveries will Exceed 30 Mil. TEUs for 1st Time
In 2024, 478 container ships with a combined capacity of 3.1 million TEUs are scheduled for delivery, which would help the global container fleet capacity exceed 30 million TEUs for the first time,...
24.01.11
354 Containerships Rerouted from Suez to Cape of Good Hope
The number of containerships that has been diverted from the Suez Canal to the Cape of Good Hope route has reached 354 ships of 4.65 million TEUs since Dec. 15, accounting for 80% of all of the shi...
24.01.10
Global Port Tracker: US Imports Will Slow in Q1
With the holiday season over, inbound cargo to U.S. major container ports should gradually slow during the first quarter of 2024 before beginning to build again in the spring, according to the Glob...
24.01.09
Jan. 1 Earthquakes Cause Very Little Damage to CTs
There are almost no abnormalities at container terminals in ports on the Noto Peninsula in Japan, which was hit hard by devastating earthquakes on Jan. 1, according to the Ministry of Land, Infrast...
24.01.05
Japan's 6 Major Ports Handle 1.18 Mil. TEUs in Oct.
Japan's six major ports handled 1.18 million TEUs of containers in October 2023, which shrank 6.3% from a year earlier and was their first year-on-year decrease in two months, according to prelimin...
23.12.28
Busan Newport’s Rail Yard to be Expanded
South Korea’s Busan Port Authority (BPA) is expanding a rail yard in the south of Busan Newport by 28,000 square meters. In the rail yard, more space is needed to store containers. To eliminate ope...
23.12.27
Asia’s Europe-Bound Exports Surge in Oct.
Container exports from Asia to Europe amounted to 1.27 million TEUs in October, according to Container Trades Statistics (CTS) data compiled by the Japan Maritime Center (JMC). They increased 14.7%...
23.12.26
¥264 Bil. Earmarked for PH Bureau in FY2024 Budget Plan
A total sum of ¥264.3 billion (US$1.9 billion) was earmarked for the Ministry of Land, Infrastructure, Transport and Tourism (MLIT)’s Ports and Harbours Bureau in the initial budget plan for fiscal...
23.12.25
Global Production Value to Decrease in 2023, Increase in 2024
The Japan Electronics and Information Technology Industries Association (JEITA) projects the world’s production value will decrease 3% from the previous year to $3.38 trillion in 2023. The Tokyo-ba...
