News
23.05.02
CCFI Turns Upward in Week 17
The composite China Containerized Freight Index (CCFI), an indicator for containers exported from China on medium- and long-term contracts that was set at 1,000 points on Jan. 1, 1998, stood at 964...
23.05.01
WCI Falls Again in Week 17
Drewry Maritime Research's composite World Container Index (WCI) decreased 2% from the previous week to $1,740.26 per FEU in Week 17, which has dropped 78% when compared with the same week of last ...
23.04.28
Tokyo to Help Dhaka Ratify Ship Recycling Convention
Japan will consider helping Bangladesh recycle ships, Japanese Prime Minister Fumio Kishida said. Kishida met with Bangladeshi Prime Minister Sheikh Hasina on Wednesday. In a joint statement, Hasin...
23.04.27
Port Labor, Management Reach Tentative Agreement
The Japan Harbor Transportation Association (Nikkokyo) reached a tentative agreement with the National Federation of Dockworkers Unions of Japan (Zenkoku Kowan) and the Japanese Confederation of Po...
23.04.26
SCFI Increases for 4 Weeks Running
The composite Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for ex-Shanghai container exports that do not include terminal handling charges (THCs), closed at 1,037.07 poi...
23.04.25
Japan-US Container Exports Swell 15% in March
Container exports from Japan to the U.S. amounted 54,744 TEUs in March (based on volumes at ports of origin in Japan), which surged 14.9% from the previous month but declined 5.8% from the same mon...
23.04.24
ILWU, PMA Reach Tentative Agreement
The International Longshore and Warehouse Union (ILWU) has reached a tentative agreement with the Pacific Maritime Association (PMA) on a new labor contract, the union said last Thursday. The parti...
23.04.24
WCI Registers 1st Increase in 15 Weeks
Drewry Maritime Research's composite World Container Index (WCI) increased 4% to $1,773.58 per FEU in Week 16, registering the first increase in 15 weeks. However, it was lower by 77% when compared...
23.04.21
ESC, EBU Address EC to Call on Paris as Strikes Hinder Logistics
The European Shippers' Council (ESC) and the European Barge Union (EBU) addressed the European Commission (EC) to call on France to take actions as logistics has been hindered in the nation due to ...
23.04.20
GHG Emissions from Maritime Sector to be Included in ETS
The European Parliament (EP) on Tuesday approved the deals reached with European Union (EU) member nations in late 2022 on several key pieces of legislation that are part of Fit for 55. Decisions w...
