News
23.01.27
FMC to Receive More Comments
The U.S. Federal Maritime Commission (FMC) will issue a supplemental notice of proposed rulemaking (SNPRM) that addresses the issues that commenters raise in response to the unreasonable refusal to...
23.01.26
Asia's Exports to US Decrease in Dec., Increase in 2022
Container exports to the U.S. from 18 Asian countries and regions plunged 15.2% to 1,410,464 TEUs in December, registering a year-on-year contraction for the fourth month in a row, according to sta...
23.01.26
Intra-Asia Container Movement Slows in Nov.
Intra-Asia container movement slowed 4.9% to 4,035,247 TEUs in November, suffering a year-on-year decline for four months running, the Japan Maritime Center recently reported in reference to statis...
23.01.25
UK's CMA Begins Seeking Comments on CBER
The U.K.'s Competition and Markets Authority (CMA) is launching its consultation on its proposed recommendations to the Secretary of State for Business, Energy and Industrial Strategy (BEIS) regard...
23.01.24
Japan's Exports to US Increase 10.5% in 2022
Japan exported 643,834 TEUs of containers to the U.S. in 2022 (based on volumes at ports of origin in Japan), which increased 10.5% from the previous year, according to Descartes Datamyne. Exceedin...
23.01.23
Freight Rates Drop on Most Routes
Drewry Maritime Research's composite World Container Index (WCI) decreased by 3% to $2,078.90 per FEU in Week 3, which has dropped by 79% when compared with the same week of last year. It was 80% b...
23.01.20
NX (South Asia & Oceania) Foresees Shipping Market in 2023
Nippon Express (South Asia & Oceania), a member of the Nippon Express Holdings (NXHD) group, projected that freight rates from South Asia and Oceania to Europe and North America, which have con...
23.01.19
Fewer Ports Host Fewer Ships in Year-End/New Year Period
On Dec. 31-Jan. 4, 63 ports in Japan were available for cargo loading and unloading, a decline of two from a year earlier, and 811 ships underwent cargo loading and unloading services during the fi...
23.01.18
SCFI Continues to Fall in Week 2
Freight rates for container exports from China were sluggish in Week 2. The composite Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for containerized shipments from Shang...
23.01.17
CCFI, SCFI Continue to Fall in Week 2
The composite China Containerized Freight Index (CCFI) stood at 1,201.55 points in Week 2, the Shanghai Shipping Exchange (SSE) announced last Friday. The index fell 4.3% from the previous week and...
