KCCI Remains on Upward Trend for 5 Weeks

The latest KOBC Container Composite Index (KCCI) stood at 4,591 points on Monday, up 1.89% from a week earlier, marking five consecutive weeks of growth, according to Korea Ocean …

DP World Names 1st Methanol Dual-Fuel Containership

DP World’s Marine Services business, Shipping Solutions, has named a new methanol dual-fuel vessel at a ceremony in Aarhus, Denmark. The DP World London is a 1,250-TEU container …

Request Submitted for Commercial Code Amendments for eB/L Introduction

The Japan Trade DX Association submitted a request to State Minister of Justice Hidehiro Mitani on Monday, asking him to present and enact a bill to amend the Commercial Code and …

Foreign-Trade Containers to/from Nagoya Decreases 0.8% to 219K TEUs in May

The Port of Nagoya processed 219,151 TEUs of foreign-trade containers in May, down 0.8% year on year, according to the Nagoya Port Authority. Exports accounted for 111,697 TEUs, d…

Manzanillo’s CMSA to Accommodate 24,000-TEU Container Vessels

Contecon Manzanillo S.A. de C.V. (CMSA), International Container Terminal Services, Inc. (ICTSI)’s Mexican unit, has paved the way for the Port of Manzanillo to accommodate ultra-…

Linerlytica: COSCO to Take Over Maersk by ‘28

Linerlytica expects COSCO Shipping Lines to overtake Maersk by 2028 as the Chinese line has added 18 newbuildings totaling around 280,000 TEUs, pushing its overall orderbook to 1.…

IATA: Air Cargo Demand Increases in July

Total air cargo demand, measured in cargo ton-kilometers (CTK), increased 3.9% year on year in July (4.7% for international operations), according to the International Air Transpo…