News
23.11.24
BIFA Welcomes CMA’s Recommendation to Have CBER Lapse
The British International Freight Association (BIFA) has welcomed the news that the U.K.’s Competition and Markets Authority (CMA) is recommending, provisionally, that the Consortia Block Exemption...
23.11.22
Ex-Busan Container Rate Index Goes Down
The KOBC Container Composite Index (KCCI) closed at 1,255 points on Monday, according to Korea Ocean Business Corp. (KOBC). The index fell 0.55% from the previous week and has stayed on the decline...
23.11.21
UK’s CMA Not to Recommend Retained CBER Replacement
The U.K.’s Competition and Markets Authority (CMA) no longer proposes to recommend a replacement of the retained Consortia Block Exemption Regulation (CBER). Its provisional view is that the retain...
23.11.20
WCI Decreases in Week 46, 3% Above 2019 Average
The composite World Container Index (WCI) decreased by 2% to $1,469 per FEU in Week 46, which has dropped by 43% when compared with the same week of last year, according to Drewry Maritime Research...
23.11.17
OA Overtakes 2M on Asia-NE Trade
There have been major changes in the market shares of the Big Three alliances on the Asia-North Europe trade in the last six years and a half, according to Sea-Intelligence. Ocean Alliance (OA), co...
23.11.16
Thai PM Unveils Land-Bridge Project
Prime Minister Srettha Thavisin of Thailand has unveiled a land-bridge project, building seaports on both the east and west side of the Kra Isthmus, the narrowest part of the Malay Peninsula, and l...
23.11.15
EC Makes Proposal to Revise Combined Transport Directive
The European Commission (EC) has made a proposal to upgrade the Combined Transport Directive and to make freight transport more sustainable by improving the competitiveness of intermodal freight. T...
23.11.14
US Container Imports Increase Steadily in Oct.
U.S. container imports amounted to 2.31 million TEUs in October (based on volumes at ports of origin), up 4.5% from September and 4.7% from October 2022, according to statistics compiled by Descart...
23.11.13
Global Port Tracker: US Imports Will Slow in Rest of 2023
With most imported holiday season merchandises already here, inbound cargo volumes at U.S. major container ports are expected to slow during the remainder of 2023, according to the Global Port Trac...
23.11.10
Australia Establishing Strategic Fleet
The government of Australia is establishing a strategic fleet of up to 12 Australian-flagged and crewed vessels. A taskforce set up to review the project's feasibility recently unveiled a report to...