Freight rates fell on all major east-west trades this week with Asia-Europe recording $708 per TEU, its lowest level in almost 18 months, according to the latest reading of the Shanghai Containerised Freight Index (SCFI).
Asia Trade Data
Asia Trade Data
26 Feb 2015
The top 20 Chinese ports had a throughput of 15.5 million 20-foot containers in January, with Shanghai and Shenzhen terminals handling almost half of them, according to Shanghai Shipping Exchange data.
01 Feb 2015
An expected spike in China’s factory production in January in the buildup to a late Chinese New Year failed to materialize, with the official purchasing manager’s index (PMI) falling to a level not seen since 2012.
14 Nov 2014
Singapore handled 2.97 million 20-foot containers in October, continuing a healthy month-over-month increase that leaves the world’s second busiest container port on track to beat last year’s throughput.
02 Sep 2014
A group of Thai shippers said it expects exports to grow no more than 1 percent this year, in another worrying sign that Thailand’s economy is struggling in the wake of a military coup in May, Reuters reported.
21 Aug 2014
Containerized footwear imports into the United States plummeted in the first half of 2014, although the industry is optimistic sales will pick up in the second half of the year.
20 Aug 2014
Japan’s exports to the United States rose for the first time in three months in July on a year-on-year basis despite a sharp decline in auto shipments, according to preliminary trade figures released by Japan’s Finance Ministry.
17 Aug 2014
India’s trade deficit in July rose to its highest level in a year as export growth weakened slightly after rising in the double digits for two consecutive months.
14 Aug 2014
Containerized auto parts imports into the United States continued to trend upwards in the first half of 2014, in a market that has seen growth of over 10 percent in the past two years.
10 Aug 2014
Asia’s ports reported strengthening of container throughput in the first half as the economic recovery of the U.S. and Europe drove up consumer spending and new export orders flooded into Chinese factories.
24 Jul 2014
The United States retained its status as Japan’s biggest export market in the first half of 2014 after defeating rival China by a narrow margin.
22 Jul 2014
Japan and Mongolia have reached a bilateral free trade agreement aimed at eliminating import tariffs on most products tra