News
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, ...
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...
