News
22.01.20
Malaysia Readily Completes Ratification Process of RCEP
Malaysia has completed the ratification process of the Regional Comprehensive Economic Partnership (RCEP) Agreement and is ready to become the 12th member of the regional economic agreement on Marc...
22.01.19
Korea-China Car Ferry Box Trade Swells 20% in 2021
Container movement was brisk in 2021 in car ferry services between South Korea and China, ballooning 20% from the previous year to a total of 671,072 TEUs, according to an organization of operators...
22.01.19
SCFI Falls Minutely at High Levels Last Week
The market for container exports from China was mostly stable last week, when freight rates fluctuated at high levels. Unveiled by the Shanghai Shipping Exchange (SSE), the composite index for spot...
22.01.18
Box Throughput at Port of Shimizu Spikes 9.4% in 2021
The Port of Shimizu handled a total of 47,083 TEUs of domestic and international containers in December 2021, according to preliminary statistics. Going down 3.8% from the same month of 2020, it wa...
22.01.18
Global Air Cargo Growth Slows Due to Supply Chain Issues
November 2021 was a relatively soft month for air cargo, as industry-wide cargo ton-kilometers (CTKs) grew by 3.7% compared to the same month in 2019, according to the International Air Transport A...
22.01.18
Port of Los Angeles Extends 'Container Dwell Fee’ to April 29
The Port of Los Angeles Harbor Commission voted 5-0 to extend a “Container Excess Dwell Fee” program directed at ocean carriers in a continued effort to improve cargo movement on container terminal...
22.01.12
Asia-to-US Box Volumes Top 20 Mil TEUs for 1st Time in 2021
Container exports to the U.S. from 10 major countries and regions in Asia amounted to 1,699,819 TEUs in December last year, growing 0.9% from the same month of 2020 and marking a year-on-year impro...
22.01.12
Strong Demand Boosting Shanghai-US Container Rates
The composite index for spot rates for container exports from the Chinese port of Shanghai reached 5,109.6 points in the first week of 2022, exceeding the 5,000-point line for two back-to-back week...
22.01.11
New Records Set for Both CCFI, SCFI
The composite China Containerized Freight Index (CCFI) and Shanghai Containerized Freight Index (SCFI) stood at 3,432.79 points and 5,109.6 points last week, rising 2.6% and 1.2% from the previous ...
22.01.11
Korea-Japan Box Trade Swells 1.8% in January-November 2021
Total volume of containerized shipments moved directly and via transshipment between South Korea and Japan in January-November 2021 amounted to 1,620,823 TEUs, which grew 1.8% year on year, accordi...
