News
22.12.22
US-Bound Containers Plunge 10.5% in Nov.
Container exports to the U.S. from 18 Asian countries and regions plunged 10.5% to 1,462,527 TEUs in November, which have suffered a year-on-year contraction for three months in a row, according to...
22.12.21
Ex-Shanghai Container Spot Rates May Have Hit Bottom
The composite Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for container exports from the Chinese port that do not include terminal handling charges (THCs), slid 1.3% fr...
22.12.20
Saudi Container Throughput Grows 8.3% to 631K TEUs in Nov.
Containerized cargo across Saudi ports maintained their upward swing in November, growing 8.3% year on year to 631,165 TEUs from 582,783 TEUs, according to the Saudi Ports Authority (Mawani). The d...
22.12.19
FMC Seeks Info. on Compliance with Retaliation Prohibitions
The U.S. Federal Maritime Commission (FMC) is asking the top 20 shipping lines calling the U.S. to provide information on how they are complying with the new prohibitions on retaliation established...
22.12.16
Containers to/from LB Ports Plummet 21% to 589K TEUs in Nov.
The Port of Long Beach incurred a double-digit contraction in container throughput in November. It only processed 588,742 TEUs, which plummeted 21% year on year, due to reduced orders from retailer...
22.12.15
Cyber Port, NACCS to be Linked
Cyber Port and Nippon Automated Cargo and Port Consolidated System (NACCS) will be directly linked on March 13, 2023, the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced ye...
22.12.14
SCFI Decrease Becomes Milder in Week 49
Freight rates for container exports from China fluctuated bearishly on major trade lanes in Week 49. The composite Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for ex-Sh...
22.12.13
Asia's Container Exports to US Plunge 21% in Nov.
Container exports to the U.S. from 10 major Asian economies amounted to some 1.3 million TEUs in November (based on volumes at ports of origin), which plunged 21.1% from the corresponding month of ...
22.12.12
Mizuho Bank: Container Movement to Grow in 5 Years
Mizuho Bank's industry research department projects that in 2022, overall seaborne container movement in North America, Europe and Asia will decrease 1.2% from the previous year due to Russia's inv...
22.12.09
US imports Down 9.3% in Oct.
With most holiday merchandise already on retailers' shelves or in their warehouses, December cargo volume at U.S. major container ports should be significantly below records set earlier this year, ...
