News
23.03.10
Global Port Tracker: Imports Will Grow Again in March
Imports to major U.S. container ports are expected to begin slowly climbing again this month, according to the Global Port Tracker, in which the National Retail Federation (NRF) and Hackett Associa...
23.03.09
BIMCO: Container Movement Will Grow 1.5% in 2023, 5.5% in 2024
The Baltic and International Maritime Council (BIMCO) projects in a container market report that it has compiled that global container demand (movement) will grow 1.5% in 2023 and 5.5% in 2024 from...
23.03.08
Ex-Shanghai Spot Rates Remain Weak on Most Routes
Freight rates for container exports from China stayed on the decline in Week 9, although shipping capacity adjustments continued to keep pace with a decrease in demand. The indices for container ex...
23.03.08
NYK to Transfer NCA to ANAHD
Nippon Yusen Kaisha (NYK) signed a memorandum of understanding (MoU) with ANA Holding (ANAHD) to transfer the entire shares of Nippon Cargo Airlines (NCA), a consolidated subsidiary of NYK, to ANAH...
23.03.07
NCFI Declines in Week 9
The Ningbo Containerized Freight Indices (NCFIs), an indication for container freight rates of 21 routes departing from the Chinese port of Ningbo-Zhoushan, went down on almost all routes in Week 9...
23.03.06
WCI Down 2% in Week 9
Drewry Maritime Research's composite World Container Index (WCI) decreased 2% from the previous week to $1,859.28 per FEU in Week 9, which has dropped 80% when compared with the same week of last y...
23.03.03
So-called ‘2024 Issue’ Discussed at Webinar
An NX Logistics Research Institute and Consulting executive gave a presentation at a webinar organized on Wednesday by Japan International Freight Forwarders Association (JIFFA)’s Public Relations ...
23.03.02
FIATA Urges Shipping Lines to Have Pre-Pandemic Free Time Back
The International Federation of Freight Forwarders Associations (FIATA) urges shipping lines to review and reinstate the current free time periods back to no less than feasible, pre-pandemic levels...
23.03.01
Ex-Shanghai Spot Rates Fall on All Routes
Freight rates for container exports from China continued to fall in Week 8 despite shipping capacity adjustments. The Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for co...
23.02.28
Atlas Acquisition Could be Completed in March
Atlas' shareholders approved the acquisition of the Hong Kong-based asset management company by Poseidon Acquisition, a business consortium of Ocean Network Express (ONE) and major shareholders Fai...
