News
23.09.08
Schedule Reliability Continues to Improve on Asia-Europe
Schedule reliability has remarkably improved on the Asia-North Europe trade since reaching very low points during the coronavirus pandemic, according to Sea-Intelligence. In particular, the 2M alli...
23.09.07
FIT Alliance Makes eB/L Declaration
The FIT Alliance has initiated an electronic bill of lading (eB/L) declaration to enhance the efficiency, reliability, sustainability and security of global trade through the use of eB/Ls. The obje...
23.09.06
SCFI Turns Upward in Week 35
The composite Shanghai Containerized Freight Index (SCFI) turned upward in Week 35 as spot rates improved on the route to the U.S. due to shipping capacity adjustments, according to the Shanghai Sh...
23.09.05
Beijing Modifies Int’l Maritime Transport Regulations
The government of China has modified the Regulations of the People’s Republic of China on International Maritime Transport, according to the Japan P&I Club. Changes made for operators engaged i...
23.09.04
WCI Down in Week 35
The composite World Container Index (WCI) decreased 1.6% to $1,739.59 per FEU in Week 35, which has declined week on week for two consecutive weeks and dropped 69.3% when compared with the same wee...
23.09.01
Int’l Containers to/from Osaka Contract for 2 Month Running
The Port of Osaka processed 166,982 TEUs of oceangoing containers in July, which shrank 11% from the same month of 2022, according to preliminary statistics compiled by the Osaka Ports and Harbors ...
23.08.31
Asia-U.S., -Europe Prices Rise in Week 34
Asia-U.S. West Coast prices (FBX01 Weekly) ticked up 5% to $2,029 per FEU, according to the latest Freightos Baltic Index (FBX) unveiled by Freightos on Tuesday. Asia-U.S. East Coast prices (FBX03 ...
23.08.30
Asia-Europe Container Exports Increase in June, H1
Container exports from Asia to Europe jumped 11.9% year on year to 1.49 million TEUs in June, which have remained on an upward trend for four months in a row, according to statistics compiled by th...
23.08.29
CCFI up for 4 Consecutive Weeks, SCFI down for 2 B2B Weeks
The composite China Containerized Freight Index (CCFI) stood at 894.66 points in Week 34, which picked up 0.6% from the previous week and has continued to rise week on week for four consecutive wee...
23.08.28
WCI Incurs 1st Decline in 7 Weeks
The composite World Container Index (WCI) decreased 3.5% from the previous week to $1,768.33 per FEU in Week 34, the first decline in four weeks, which has dropped 70.5% when compared with the same...