News

 

25.05.23

US FMC Investigating Flagging Practices

The U.S. Federal Maritime Commission (FMC) is conducting a non-adjudicatory investigation to examine whether the vessel flagging laws, regulations or practices of certain foreign governments create...

25.05.22

Passenger Ship Hanaria Selected for Ship of Year 2024

The Japan Society of Naval Architects and Ocean Engineers (JASNAOE) yesterday granted the Ship of the Year 2024 award to the Hanaria, a domestic passenger vessel having a system unequaled in the wo...

25.05.21

WSC Express Concern With Vehicle Carrier Remedies

The World Shipping Council (WSC) expressed its deep concern with the vehicle carrier remedies that could adversely impact U.S. exports in a letter that it wrote to U.S. Trade Representative (USTR) ...

25.05.20

Premier Alliance kick of Asia-WCNA-North Europe pendulum FP2

Ocean Network Express (ONE) will shortly kick off an Asia-west coast of North America-North Europe pendulum service under the Premier Alliance, a shipping partnership it forms with Yang Ming Marine...

25.05.19

WCI Registers 1st Increase in 5 Weeks in Week 20

Drewry’s World Container Index (WCI) increased 8% from the previous week to $2,233 per FEU in Week 20, its first growth in five weeks. From a year earlier, however, it was 36% down. The composite i...

25.05.16

US Container Imports Jump 10.3% in April

U.S.-bound container imports grew in number in April, according to data recently issued by S&P Global Market Intelligence. The firm reported that imports increased 10.3% year on year to 2.78 mi...

25.05.15

US Container Imports from Asia Increase 9.7% in April

U.S. container imports from 10 major Asian economies amounted to 1.68 million TEUs in April (based on volumes at port of origin), up 9.7% year on year, according to statistics compiled by Descartes...

25.05.14

Global Container Trade Records 2nd-Highest Volume in March

March proved to be an outstanding month for global container volumes, recording the second-highest volume ever seen in the Container Trades Statistics (CTS) database that stood at 16.194 million TE...

25.05.13

NCFI Increases 2.4% in Week 19 Due to Demand Growth

The Ningbo Containerized Freight Index (NCFI), compiled by the Ningbo Shipping Exchange (NBSE) and promoted by the Baltic Exchange, increased 2.4% from the previous week to 952.3 points in Week 19 ...

25.05.12

WCI Decreases 1% in Week 19

Drewry’s World Container Index (WCI) decreased 1% from the previous week to $2,076 per FEU in Week 19, remaining on the decline for the fourth consecutive week. From a year earlier, it was down 34%...

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