News

 

13.08.30

TSA Lines Set to Raise Minimum $100/FEU on Westbound Leg

Transpacific container lines have announced they intend to pursue revenue improvement to restore rate levels which have dwindled during the slack period in the summer. Transpacific Stabilization Ag...

13.08.30

Carriers in Asia to Central and South America Trade Focus on Rate Hikes in Sept

Waning traffic on the container trade from Asia to Central and South America under the downward economic pressure in Brazil and other contiguous economies has prompted shipping lines on the trade t...

13.08.28

Japan's Box Traffic Continues to Grow Slowly

Total container throughput at 93 Japanese ports designated by the Port Transport Business Act amounted to 1,442 million TEUs in June, representing a slight increase of 0.5% over the same month last...

13.08.27

China's State Council Gives Nod to Proposed Shanghai Pilot Free Trade Zone

China's Ministry of Commerce has announced China's State Council officially approved the establishment of China (Shanghai) Free Trade Test Area covering a total area of 28.78 square kilometers, inc...

13.08.23

US Shippers Body Seeks Clarification on China's New Tax

In response to confusion over the scope and application of a new business value-added tax (VAT) enacted by China, the U.S.'s National Industrial Transportation League (NITL) has recently requested ...

13.08.21

Suez Canal Authority Guarantees Safety in Canal Transit

The Suez Canal Authority (SCA) has denied reports that maritime traffic would be suspended and ensured full security to ships transiting the canal. In order to respond to the concerns of the global...

13.08.21

NEAL-NET Technical Meeting Agrees to Expand Monitoring Ports

The 9th Technical Meeting of Northeast Asia Logistics Information Service Network (NEAL-NET) was held in Seoul Korea, from August 12 to 14, 2013 with more than 30 experts and technicians from Japan...

13.08.20

Japan-China Trade Falls 11% in Fist Half

Trade between Japan and China in January-June amounted to 147.27 billion dollars, down 10.8 % from the same period last year and the lowest in four years, according to data recently unveiled by the...

13.08.19

Container Volumes in Vietnam Rise 9.9% in 2012

Ports in Vietnam handled a total of 7,587,836 TEUs of containerized shipments in 2012, increasing 9.9% year on year from 6,902,630 TEUs, according to the Vietnam Seaports Association (VPA). They fa...

13.08.16

Container Traffic in China Grows 8.4% in July

Ports in China handled a total of 16,495,000 TEUs of containerized shipments in July 2013, according to a preliminary report on container throughput at ports and harbors released by the nation's Mi...

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