The Federal Maritime Commission (FMC) of the United States has asked the largest container line in the world MSC to justify a congestion fee of US$1,000 levied against SOFi Paper Products, a US paper products firm.

The Drewry's World Container Index (WCI) annexed the psychological mark of US$2,000 on the downside for the first time since July 2020, post the first set of quotes reported in the aftermath of the Chinese New Year.

Wan Hai Lines has launched a new service between 15 Japanese ports and both the US west and east coasts. Cargoes will be collected from the Japanese ports of Tokyo, Yokohama, Kawasaki, Chiba, Shimizu, Nagoya, Yokkaichi, Osaka, Kobe, Mizushima, Fukuyama, Tokuyama, Hiroshima, Moji (Kitakyushu) and Hakata.

Nearly US$2 trillion a year is the national economic value of the US West Coast ports, but in the long run, their growth is threatened. According to a new study by maritime economist John Martin, PhD., congestion in Southern California due to high container volumes, combined with the increasing capacity at East Coast and Gulf ports