News
22.06.03
Cont. Trade Between S. Korea, 8 Other Asian economies Shrinks 5.3% in April
Container trade between South Korea and eight other countries and regions in Asia shrank 5.3% to 345,700 TEUs in April from 365,100 TEUs a year earlier. There was a year-on-year contraction for thr...
22.06.03
Port of Karachi's PICT handles Exports from Uzbekistan for 1st Time
Pakistan International Container Terminal (PICT), International Container Terminal Services, Inc. (ICTSI)'s business unit operating in the Port of Karachi, achieved a landmark by facilitating the f...
22.06.02
FMC Makes 12 Recommendation Based on 2-Year Investigation
Commissioner Rebecca F. Dye has released a final report for Fact Finding 29, “The Effects of COVID-19 on the U.S. International Ocean Transportation Supply Chain”, a two-year investigation involvin...
22.06.01
Ex-Shanghai Cont. Rates Increase for 2 Straight Weeks on ME, SA, Europe Routes
The market for container exports from the Chinese port of Shanghai slightly picked up in Week 21. The lockdown in the city of Shanghai was being gradually lifted, while ports were operated at 90% o...
22.06.01
Gothenburg Port Has More Railway Svc. Links to Northern Cities
A new container railway service has been commenced between northern Sweden and the Port of Gothenburg. It links Umea, which is rapidly growing with massive exports and the briskness of local energy...
22.05.30
Ship It Zero Urges 5 Carriers to Stop Investing in Fossil Fuel-Powered Ships
Ship It Zero has sent an open letter to shipping companies to tell them to stop ordering ships running on fossil fuel and invest in zero-emission technologies and fuel. The shipping companies inclu...
22.05.30
Int'l Cont. Throughput at Japan's Big 6 Ports Down for 2 Consecutive Months in March
The combined volume of containerized shipments handled at Japan's six major ports (Tokyo, Kawasaki, Yokohama, Nagoya, Osaka and Kobe) in March shrank a minute 0.5% to 1,203,060 TEUs, incurring a ye...
22.05.27
‘Freight Rates Reflects Market Force of Supply-Demand': FMC
Federal Maritime Commission (FMC) Commissioner Rebecca Dye presented her Final Report of Fact Finding 29, “International Ocean Transportation Supply Chain Engagement”, a two-year investigation she ...
22.05.27
ME Ports Take 4 Places of Top 5: CPPI2021
Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligen...
22.05.26
Fair Trade Commission Unveils Survey, Inspection Results on Shipper-Logistics Svc. Provider Biz.
The Japan Fair Trade Commission (JFTC) yesterday unveiled the results of surveys and on-site inspections that it began in October 2021 on business transactions between shippers and logistics servic...
