FREIGHT NEWS
02/10
2023
Container volume at China ports rose by 4.8% in the January-August period, compared to the same months last year. The container throughput of Chinese ports was 203.7 million TEUs, while for the same period, the cargo volume of major Chinese ports was 11.1 billion tons, translating to an 8.4% rise year-on-year.
29/09
2023
Oceangoing containers to and from Japan's six major ports totaled 1.13 million TEUs in July, which slid 8.7% from the corresponding month of the previous year and have registered a year-on-year decrease for four consecutive months.
28/09
2023
With the exception of trades to Europe and the Mediterranean, container freight rates out of India have seen no noticeable recovery signs for carriers, according to the latest market analysis by Container News.
26/09
2023
Container volume at the Port of Oakland fell in August compared to the same month last year with the Californian port handling 135,253 TEUs, down 13.1% year-on-year.
28/08
2023
Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October shipments from China.
23/08
2023
Long-haul freight rates have given way to the lack of capacity discipline, as the Shanghai Containerized Freight Index (SCFI) lost ground after three weeks of gains.
03/08
2023
French ocean carrier CMA CGM has announced the extension of its FAL 1 service into Poland. The Marseille-based company said the first sailing Westbound from Asia will be on 10 August ex Pusan with CMA CGM Jacques Saade with an estimated time of arrival (ETA) at Gdansk on 5 October.
31/07
2023
French ocean carrier CMA CGM reported revenue of US$12.3 billion and net income of US$1.3 billion in the second quarter of the year. These figures represent huge year-on-year decreases over the previous record year for the container lines when CMA CGM achieved US$19.5 billion in revenue and US$7.6 billion in profit.