News
24.03.05
NCFI Decreases due to Sluggish Demand
The composite Ningbo Containerized Freight Index (NCFI) closed at 1,445.4 points in Week 9, down 5.8% from the previous week, according to the Ningbo Shipping Exchange (NBSE). Spot rates for contai...
24.03.04
WCI Decreases for 5 Weeks Running
The composite World Container Index (WCI) decreased by 5% to $3,493 per FEU in Week 9, which has continued to decline for five weeks in a row, according to Drewry Maritime Research. It has increase...
24.03.01
Containers to/from Japan’s Big 6 Ports Minutely Decrease in Dec. ’23
Japan’s six major ports handled 1.17 million TEUs of containers in total in December 2023, down 0.5% from a year earlier, according to preliminary statistics compiled by the nation’s transport mini...
24.02.29
OCEAN Alliance to Remain in Svc. Through End of March ’32
CMA CGM, COSCO Shipping Lines, Evergreen Marine and Orient Overseas Container Line (OOCL) signed documents on Tuesday to agree on an extension of their OCEAN Alliance by five years through March 31...
24.02.28
Ex-Shanghai Spot Rates Stay Flat Despite Container Movement Declines
The composite Shanghai Containerized Freight Index (SCFI) stood at 2109.91 points in Week 8, which declined 2.6% from the previous week, according to the Shanghai Shipping Exchange (SSE). Though re...
24.02.27
WCI Declines for 4 Consecutive Weeks
The composite World Container Index (WCI) has continued to decline for four weeks in a row in Week 8, according to Drewry Maritime Research. It decreased by 2% from the previous week to $3,659 per ...
24.02.26
Japan’s U.S.-Bound Container Exports Jump in Jan.
Japan’s container exports to the U.S. amounted to 53,695 TEUs in January (based on volumes at ports of origin), which increased 10.4% from the previous month and 17.9% from the corresponding month ...
24.02.22
Asia’s Europe-Bound Exports Return to Pre-Pandemic Level in ’23
Container exports from Asia to Europe amounted to 16.58 million TEUs in 2023, which increased 7.8% from the previous year and returned to a pre-pandemic 2019 level, according to statistics compiled...
24.02.21
Ex-China Spot Rates Expected to Stay Flat
The Shanghai Containerized Freight Index (SCFI) and the China Containerized Freight Index (CCFI) were not announced last week due to the Lunar New Year holidays. On the trans-Pacific trade, demand ...
24.02.20
CONPAS Operated at Yokohama Port’s Minami Honmoku Pier
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT)’s Kanto Regional Development Bureau has unveiled how Container Fast Pass (CONPAS), a port information system developed by the mini...
