Yearly Archives: 2024

Port News Container Throughput Decreases At Tokyo Port

The Port of Tokyo witnessed a decrease of 10.3% in foreign-trade container handling, with a total of 352,680 TEUs. According to JIFFA, loaded export containers...

Shippers Adjust To Cape Diversions, Now They Want Freight Rates To Settle

Asia-North Europe shippers have adapted their supply chains to the longer transit times around Africa, but now they need freight rates to settle at...

New Agenda Set By IMO Secretary-General

IMO aims to strengthen regulations governing global shipping. Supporting Member States, Especially SIDS and LDCs IMO aims to approve the proposed measures during...

Wallenius Wilhelmsen Signs Multi-Year Contracts With A Prominent Automotive Distributor

Wallenius Wilhelmsen has recently signed agreements with Global Construction. Initiatives include the use of biofuel and technical and operational enhancements. Rates aligned with...

European GAMMA Project: Transforming Ocean Transport For Environmental Sustainability

 The European GAMMA project endeavors to enhance the eco-friendliness of ocean transport and trade. The project involves a diverse array of partners...

 Impact On India’s Exports Due To A Substantial Increase In Freight Costs

Rise in transportation costs due to longer shipping routes. Exporters express worries over the potential impact on India's exports. Attacks in the Red...

Ningbo Containerised Freight Index: Surcharge Insights

Weekly composite index covering 20ft, 40ft, and Hi-Cube box rates by Ningbo Shipping Exchange. Ningbo Shipping Exchange Route 02-02-2024 26-01-2024 Weekly change (%) Ningbo - Europe 1854.22 1889.98 -1.89 Ningbo - West Mediterranean 2143.25 2318.73 -7.57 Ningbo -...

Global Bunker Indices to Continue Downward Trend on Feb. 05

MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO, and MGO) demonstrated a steady downtrend on Feb.02: 380 HSFO...

Shipping Giant Reports over US$80 Million Loss in October-December 2023

Singapore-headquartered Ocean Network Express (ONE) experienced a notable decline in its revenues, earnings, and profits in the third quarter of fiscal year 2023 (October...

Gelibolu Shipyard Proudly Launched Diesel-Electric 3600 tdw General Vessel

General vessel on February 2nd. Bearing the mark of collaboration between Conoship and Gelibolu Shipyard, the vessel, identified as NB60, is a testament to...
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