News
23.07.07
Retail Trans-Pacific Rates Outpace Market Average
Spot rates are sluggish due to weakening demand on the Asia-North America trade, but spot rates for the retail industry are higher than the market average, according to Xeneta, an Oslo, Norway-base...
23.07.06
COSCO Suffers Notable Profit Decreases in H1
COSCO Shipping Holdings estimates that it suffered notable decreases in profit year on year in the first half (January-June). It is envisaged that EBIT plunged 74.1% to RMB24.7 billion (US$3.4 bill...
23.07.05
SCFI Increases for 1st time in 4 Weeks
The composite Shanghai Containerized Freight Index (SCFI) closed at 953.6 points in Week 26, according to the Shanghai Shipping Exchange (SSE). Rising 3.2% from the previous week, the composite ind...
23.07.04
ILWU Canada Stages Strikes at BC Ports
Dockworkers from the International Longshore and Warehouse Union Canada (ILWU Canada) went on strikes on Saturday morning at the ports of Vancouver, Prince Rupert and others in British Colombia. Th...
23.07.03
Container Throughput Index Rises in May
According to the latest flash estimate the Container Throughput Index of the RWI-Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) reached a season...
23.06.30
ILWU Canada to Stage Strike
The International Longshore and Warehouse Union Canada (ILWU Canada) issued a 72-hour strike notice to the British Colombia Maritime Employers Association (BCMEA) on Wednesday. ILWU Canada member l...
23.06.29
Panama Canal Draft Restrictions Postponed
Due to favorable weather conditions experienced during the past several days in the Canal watershed, The Panama Canal Authority (ACP) has announced the postponement of the maximum authorized drafts...
23.06.28
Asia’s NA-Bound Exports Plunge in May
Container exports from 18 Asian economies to the U.S. plunged 20.7% year on year to 1,582,195 TEUs in May, staying on the decline for nine consecutive months, according to statistics compiled by th...
23.06.27
Bill Submitted to US Senate to Prevent Dockworker Slowdowns
U.S. senators Mike Crapo and Jim Risch of the Republican Party, both of which represent the State of Idaho, have introduced the Preventing Labor Union Slowdowns (PLUS) Act to update federal law to ...
23.06.26
WCI Down 3.5% in Week 25
Drewry Maritime Research’s composite World Container Index (WCI) decreased 3.5% from the previous week to $1,535.75 per FEU in Week 25, which has dropped by 78.9% when compared with the same week o...
