News
24.02.19
WCI Down for 3 Weeks Running
The composite World Container Index (WCI) dropped by 1% to $3,733 per FEU in Week 7, which has remained on a downward trend for three weeks, according to Drewry Maritime Research. It has increased ...
24.02.16
Weathernews Launches Svc. to Estimate Number of Ships in Port
Weathernews has begun providing a service to estimate the number of ships in port from ship location information and meteorological data. Ships are forced to wait for a long time until being berthe...
24.02.15
CMA Recommends CBER be Ended
The U.K.’s Competition and Markets Authority (CMA) has recommended that the Consortia Block Exemption Regulation (CBER) be ended on April 25. In the U.K., 114 liner shipping companies are under the...
24.02.14
US Container Imports from Asia Swell in Jan.
U.S. container imports from 10 major Asian countries and regions amounted to 1.65 million TEUs in January (based on volumes at ports of origin), which went up 15.6% year on year, according to Desca...
24.02.13
US Imports Increase in Jan., Led by Those from China
In January, U.S. container imports increased 7.9% from December 2023 to 2.27 million TEUs, according to this month’s Global Shipping Report released by Descartes Systems Group. From January 2023, t...
24.02.09
Container Market Grows 0.2% in ’23
In 2023, the container market grew 0.2% year on year, ending at 173.8 million TEUs, according to the Baltic and International Maritime Council (BIMCO). Compared to 2019, before the COVID pandemic h...
24.02.08
EU, CA Nations to Invest EUR10 Bil. to Develop Trans-Caspian Route
The European Union (EU) and Central Asian nations will jointly invest EUR10 billion to transform the Trans-Caspian Transport Corridor into a fast, sustainable route connecting Europe and Central As...
24.02.07
SCFI Remains Robust in Week
The composite Shanghai Containerized Freight Index (SCFI) remained robust at 2,217.73 points in Week 5, which picked up 1.8% from the previous week, led by growth in spot rates for container export...
24.02.06
GPA to Build Savannah Port-Route 17 Overpass
The Georgia Ports Authority (GPA) will invest $29 million in an overpass linking the Port of Savannah’s Ocean Terminal with Route 17 to keep terminal truck traffic from impacting local neighborhood...
24.02.05
Average NCFI More Than Doubles in Jan.
The composite Ningbo Containerized Freight Index (NCFI) averaged 1,612.6 points in January 2024, up 76.3% from December 2023 and 123.6% from January 2023, according to the Ningbo Shipping Exchange ...
