IACI Decreases 1% in Week 3

Drewry's Intra-Asia Container Index (IACI) decreased 1% from the previous week to $661 per FEU in the third week of January. The IACI, a weighted average of spot rates across…

OOCL Launches Straits-Chittagong Svc.

Orient Overseas Container Line (OOCL) has launched a new service on the Straits-Chittagong route. The Hong Kong-headquartered carrier provides the fixed-day weekly service, bran…

Latest KCCI Up to 1,898 points

The latest KOBC Container Composite Index (KCCI) quoted 1,898 points on Monday, according to Korea Ocean Business Corp. (KOBC). Spot rates for container exports from Busan continu…

Askul Opens Buyer’s Consolidation Base in China

Askul, a Tokyo-based mail-order company mainly handling office supplies, opened a new logistics center in Taicang, China earlier this month, intending to operate it as a buyer’s c…

Russian Ports Handle 884.5 Mil. Tons of Cargo in ‘25

Commercial ports in Russia handled 884.5 million tons of cargo in 2025, down 0.4% from the previous calendar year. Exports accounted for 696.6 million tons, down 0.6%; imports, 41…

ICTSI to Open New CT in Bauan, Batangas

International Container Terminal Services Inc. (ICTSI) is moving forward with South Luzon Container Terminal (SLCT) in Bauan, Batangas, with commercial operations targeted for 202…

NX to Introduce Int’l Air Cargo Consolidation Svc. from Southern Japan

Nippon Express (NX) will introduce a new international air cargo consolidation service on Feb. 2. Mainly at its Kumamoto container freight station (CFS) near Kumamoto Airport, the…