News
23.02.09
FIATA Releases Guidelines on New EU Requirements
The International Federation of Freight Forwarders Associations (FIATA) has released its latest guidance on the implementation of the new European Union (EU) customs pre-arrival security and safety...
23.02.08
SCFIs Go Down on Most Trade Lanes in Week 5
Freight rates for container exports from China decreased in Week 5 due to a decline in demand that has continued since before Lunar New Year despite the fact that shipping line worked hard to reduc...
23.02.07
CCFIs Fall on All Routes After Lunar New Year
The composite China Containerized Freight Index (CCFI) stood at 1,110 points in Week 5, which declined 4.4% from the Week 3 due to weaker demand after Lunar New Year, the Shanghai Shipping Exchange...
23.02.06
WCI Decreases 1% in Week 5
Drewry Maritime Research’s composite World Container Index (WCI) decreased 1% to $2,033.70 per FEU in Week 5. The index has dropped 78% when compared with the same week of last year. It was 80% bel...
23.02.03
Japanese Businesses in Thailand Have Positive Biz. Confidences
The diffusion index of business sentiments among Japanese enterprises doing business in Thailand for the second half of fiscal 2022 (October 2022-March 2023) is projected to remain positive at 21 p...
23.02.02
Containers to/from China Reach Record 296 mil. TEUs
Chinese ports handled 295.87 million TEUs of containers in 2022, which grew 4.7% from the previous year and set a new yearly record, according to the nation’s transport ministry. Coastal ports were...
23.02.01
Ex-Busan Container Rate Indexes Down on Most Routes
The latest Korea Ocean Business Corporation (KOBC) Container Composite Index (KCCI) decreased 0.18% from the previous week to 1,638 points, the KOBC announced on Monday. On individual routes, index...
23.01.31
India to Develop 16 million TEU Container Port in Nicobar Islands
India’s ministry of ports, shipping and waterways has begun soliciting bids for a public-private partnership (PPP) for the development of an international container transshipment port on Great Nico...
23.01.30
WCI Continues to Decrease Mildly
Drewry Maritime Research’s composite World Container Index (WCI) decreased by 2% to $2,046.51 per FEU in Week 4. It has dropped by 78% when compared with the same week of last year. It was 80% belo...
23.01.27
MSC, Maersk to Terminate 2M Alliance
MSC and Maersk have mutually agreed to terminate their present 2M alliance in January 2025. The alliance was introduced in 2015 with the aim of ensuring competitive and cost-efficient operations on...
