News
25.03.06
Foreign-Trade Containers to/from Kitakyushu Pick up 0.4% to 38K TEUs in Oct. 2024
The Port of Kitakyushu in southwestern Japan processed 38,179 TEUs of foreign-trade containers in October 2024, up 0.4% year on year, according to the Kitakyushu Seaport and Airport Bureau. Exports...
25.03.05
KCCI Down 8.18% as Ex-Busan Rates Decline on Most Routes
The latest KOBC Container Composite Index (KCCI) quoted 2,323 points, Korea Ocean Business Corp. (KOBC) announced yesterday. Spot rates for container exports from Busan declined almost across the b...
25.03.04
CCFI down 5.2%, SCFI fell 5% in Week 9
The composite China Containerized Freight Index (CCFI) quoted 1,250.65 points in Week 9, down 5.2% from the previous week, the Shanghai Shipping Exchange (SSE) announced last Friday. The composite ...
25.03.03
WCI Decreases 6% in Week 9 to Lowest Since May 2024
The World Container Index (WCI) decreased 6% to $2,629 per FEU in Week 9, according to Drewry. From a year earlier, it plunged 25%, falling to the lowest level since May 2024. The composite index w...
25.02.28
Japan-US Container Exports Shrink 3.6% in Jan.
Container exports from Japan to the U.S. amounted to 51,759 TEUs in January (based on volumes at ports of origin), down 3.6%, their first year-on-year contraction in four months, according to Desca...
25.02.27
Asia’s Container Exports to Europe Set New Yearly Record in 2024
Asia’s container exports to Europe expanded 8.8% from the previous year to 18.04 million TEUs in 2024, setting a new yearly record, according to the Japan Maritime Center (JMC), which refers to fig...
25.02.26
CCI Down 6.95% as Ex-Busan Rates Remain Sluggish
The latest KOBC Container Composite Index (KCCI) quoted 2,530 points, down 6.05% from a week earlier, Korea Ocean Business Corp. (KOBC) announced yesterday. Freight rates for container exports from...
25.02.25
WCI Decreases 10% in Week 8
The World Container Index decreased 10% to $2,795 per FEU in Week 8 this week, which was 24% lower than a year earlier, according to Drewry. The composite index was 73% below the previous pandemic ...
25.02.21
Demand Growth Expected to Fall When Vessels Return to Suez Canal
When the Red Sea crisis emerged, urging vessels to sail around Africa, Asia-Europe supply chains became seven to 14 days longer. It dalso means that most shippers increase inventories accordingly, ...
25.02.20
Global Container Movement Expands 6% to Over 180 Mil. TEUs in 2024
A total of 183.2 million TEUs of containers were traded worldwide in 2024, up 6% from the previous calendar year, according to Container Trades Statistics (CTS). On a monthly basis, volumes surpass...
