News

 

25.09.08

WCI Drops 1% in Week 36 Due to Increase in TP Rates

Drewry’s World Container Index (WCI) remained stable, dropping just 1% to $2,104 per FEU in Week 36, but was down 56% from a year earlier. After 11 weeks of decline, the WCI stabilized last week as...

25.09.05

FMC Drawing Attention as Investigation Into FOC Vessels Ends

The U.S. Federal Maritime Commission (FMC) is drawing attention regarding what to do with flag-of-convenience (FOC) vessels. On May 21, the FMC announced it would initiate a non-adjudicatory invest...

25.09.04

Tokyo Meets With Shipping Industry on U.S. Tariff, Other Policies

The government of Japan exchanged views with the shipping industry on possible impacts of U.S. tariffs last week. State Minister of Land, Infrastructure, Transport and Tourism Yasushi Furukawa met ...

25.09.03

KCCI Declines 1.6% as Ex-Busan Rates Fluctuated Unfavorably on Several Trade Lanes

The latest KOBC Container Composite Index (KCCI) quoted 1,909 points on Monday, according to Korea Ocean Business Corp. (KOBC). The index declined 1.6% from a week earlier as spot rates for contain...

25.09.02

Sea-Intelligence: Schedule Reliability Declines for 1st Time Since Jan.

In July, schedule reliability declined month on month for the first time since January, dropping by 2.2 percentage points to 65.2%, according to a recent Global Liner Performance (GLP) released by ...

25.09.01

WCI Decreases 6% in Week 35

The World Container Index (WCI) decreased 6% from the previous week to $2,119 per FEU in Week 35, which went down 59% from a year earlier. The index declined for the 11th consecutive week and is ex...

25.08.29

Foreign-Trade Containers to/from Japan’s Big 6 Ports Grow 3.5% to 1.18 Mil. TEUs in June

Japan’s six major ports handled a total of 1.18 million TEUs of foreign-trade containers in June, up 3.5% from a year earlier for a year-on-year increase for the seventh consecutive month, accordin...

25.08.28

BNSF, CSX to Launch Coast-to-Coast Intermodal Svcs.

U.S. Class I freight railroad companies BNSF Railway and CSX Transportation have announced several new intermodal service products that will offer customers seamless, efficient, coast-to-coast solu...

25.08.27

KCCI Down 2.66% as Ex-Busan Rates Continue to Slide to US, Europe, Elsewhere

The latest KOBC Container Composite (KCCI) quoted 1,940 points on Monday, according to Korea Ocean Business Corp. (KOBC). The index fell 2.66% from a week earlier as spot rates for container export...

25.08.26

U.S. container imports from Japan jumped to 62,988 TEUs in July

U.S. container imports from Japan jumped 12.2% y to 62,988 TEUs in July (based on volumes at ports of origin), swelling year on year for the first time in four months, according to Descartes Datamy...

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