News
25.07.02
KCCI Down 4.46% Due to 2-Digit Decreases in US-Bound Container Spot Rates
The latest KOBC Container Composite Index (KCCI) stood at 2,590 points on Monday, Korea Ocean Business Corp. (KOBC) unveiled on the same day. Spot rates for container exports from Busan plunged on ...
25.07.01
Asia’s Europe-Bound Container Exports Grow 8.4% in April
Asia’s container exports to Europe added up to 1.64 million TEUs in April, up 8.4%, recording two back-to-back months of year-on-year growth, according to data tallied by the Japan Maritime Center ...
25.06.30
WCI Decreases 9% in Week 26
The World Container Index (WCI), an indicator for container freight rates on the eight main routes on the trans-Pacific, Asia-Europe and trans-Atlantic trades, decreased 9% from the previous week t...
25.06.27
Japan’s US-Bound Container Exports Decrease 0.5% in May
Japan’s container exports to the U.S. amounted 53,000 TEUs in May (based on volumes at ports of origin), down 0.4%, a year-on-year contraction for two back-to-back months, Descartes Datamyne announ...
25.06.26
Int’l Containers to/from Osaka Grow 4.3% to 176K TEUs in May
The Port of Osaka handled 176,493 TEUs of international containers in May, up 4.3%, year-on-year growth for the fourth consecutive month, according to preliminary statistics compiled by the Osaka P...
25.06.25
KOBC Falls 4.1% as Ex-Busan Spot Rates Plunge to USWC
The latest KOBC Container Composite Index (KCCI) quoted 2,711 points on Monday, according to Korea Ocean Business Corp. (KOBC). Spot rates for container exports from Busan plunged on the trade to t...
25.06.24
Report: Japan Needs 180 Freighters by 2050 to Exports LCO2
The Maritime Bureau of Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) recently unveiled an interim report on demand forecasting for carbon-neutral cargo freighters. The bure...
25.06.23
WCI Falls 7% Due to Spot Rates Plunges on US Trade
The World Container Index (WCI) stood at 3,295 points last Thursday, down 7% from the previous week and 36% from the corresponding week of 2024, according to Drewry. It is a sign that the recent su...
25.06.20
CMA CGM Osiris Becomes 1st Containership to Transit Suez Canal Since March 2024
Ossama Rabiee, chairman of the Suez Canal Authority (SCA), announced the beginning of a new phase in the restoration of mega-containership traffic through the canal. On Wednesday, the Suez Canal wi...
25.06.19
Trans-Pacific Spot Rates May Have Peaked
The latest composite Freightos Baltic Index (FBX) has quoted $3,704 per FEU, up 9% from a week earlier, Freightos announced on Tuesday. From a year earlier, however, the index fell 8.6%. The indivi...
