News
22.12.08
Dynamar: Marine Perishable Trade Will Face Challenges
Dutch shipping consultancy Dynamar projects the seaborne trade of perishable products will face challenges. In 2022, container carriers and conventional reefer operators hit the jackpot, it said in...
22.12.07
Ex-China Container Rates Mostly Down Due to Space Oversupply
Container exports from China were dull on most trade in Week 48 due to Russia's invasion of Ukraine, inflation and the COVID-19 pandemic on top of global tonnage supply. Freight rate indexes that r...
22.12.06
FEPORT: CBER Should Adapt Digital Solutions
The Federation of European Private Port Companies and Terminals (FEPORT) has claimed that a revised Consortia Block Exemption Regulation (CBER) adapt more to digital solutions. FEPORT has indicated...
22.12.05
FMC Receives 175 Filings Since OSRA Enactment
U.S. shippers have responded positively to the new opportunity, established via the Ocean Shipping Reform Act of 2022, to challenge carrier charges by filing charge complaints at the Federal Mariti...
22.12.02
Trade Consortium Has Over 160 Members
The Consortium for Improving the Efficiency and Expansion of Trade Information Linkage (Trade Consortium) had been joined by 160 members by Thursday. The Trade Consortium was initially established ...
22.12.01
US President Presses Congress to Adopt Agreements
U.S. President Joe Biden issued a statement earlier this week, pressing Congress to immediately pass legislation to adopt the tentative agreements between railroad workers and operators to avert a ...
22.11.30
Spot Rates Plunge for Ex-Shanghai Exports
Freight rates for container exports from China stayed bearish on major trade lanes in Week 47. The Shanghai Containerized Freight Indexes, which reflect spot rates for containers from Shanghai that...
22.11.30
Asia-US Exports Shrink 8.9% in Oct.
Container exports from 18 Asian countries and regions to the U.S. shrank 8.9% 1,625,097 TEUs in October, which have decreased year on year for two back-to-back months, according to the Japan Mariti...
22.11.29
Over 100K eBLs Issued in Jan.-Sept.
WAVE BL, the market leader in blockchain-powered trade that enables fast, encrypted, and authenticated transfer of trade documents reached unprecedented growth in the third quarter of 2022. WAVE BL...
22.11.28
WCI Decreased for 39 Straight Weeks
Drewry Maritime Research's composite World Container Index (WCI) decreased by 7% in Week 47, to $2,404 per FEU, the 39th consecutive weekly decrease, and has dropped by 74% when compared with the s...
