News
23.03.02
FIATA Urges Shipping Lines to Have Pre-Pandemic Free Time Back
The International Federation of Freight Forwarders Associations (FIATA) urges shipping lines to review and reinstate the current free time periods back to no less than feasible, pre-pandemic levels...
23.03.01
Ex-Shanghai Spot Rates Fall on All Routes
Freight rates for container exports from China continued to fall in Week 8 despite shipping capacity adjustments. The Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for co...
23.02.28
Atlas Acquisition Could be Completed in March
Atlas' shareholders approved the acquisition of the Hong Kong-based asset management company by Poseidon Acquisition, a business consortium of Ocean Network Express (ONE) and major shareholders Fai...
23.02.27
WCI Decreases 3% in Week 8
Drewry Maritime Research's composite World Container Index (WCI) decreased 3% from the previous week to $1,897.88 per FEU in Week 8, which has dropped 80% since the same week of last year. It was 8...
23.02.24
Asia-US Exports Plunge 20% in Jan.
Container exports to the U.S. from 18 Asian economies plunged 20.1% to 1,468,276 TEUs in January, according to the Japan Maritime Center (JMC), which refers to data from the Journal of Commerce (JO...
23.02.22
SCFI Falls for 6 Consecutive Weeks
The Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for container exports from Shanghai that do not include terminal handling charges (THCs), came to 974.66 points in Week ...
23.02.22
CP Executive Explains Benefits from CP-KCS Acquisition
Canadian Pacific Railway (CP)'s acquisition of Kansas City Southern (KCS) will bestow benefits upon not only shippers in North America but those in Japan and other Asian economies as well, a CP exe...
23.02.21
Survey: 16% of Japanese Firms in Russia Have Withdrawn
It has been a year since Russia invaded Ukraine, during which 16% of the Japanese companies in Russia have withdrawn, according to Tokyo-based credit research company Teikoku Databank. In February ...
23.02.20
WCI Down 2% in Week 7
Drewry' Maritime Research's composite World Container Index (WCI) decreased 2% to $1,954.64 per FEU in Week 7. Compared with the same week of last year, it has dropped 79%. The index was 81% below ...
23.02.17
DCSA Commits to Adopt eB/L by 2030
Digital Container Shipping Association (DCSA)'s nine ocean carrier members have committed to a 100% adoption of an electronic bill of lading (eB/L) based on DCSA standards by 2030. The bill of ladi...
