News
15.02.27
South Korean Lines to Introduce Container Imbalance Charge
Members of the Korea Nearsea Freight Conference (KNFC) catering to the trade between South Korea and Japan will implement a Container Imbalance Charge (CIC), also known as Equipment Imbalance Surch...
15.02.27
IADA Recommends April Rate Hike of $100 per TEU
As a part of its 2015 Japan Business Plan announced in December 2014, the Intra-Asia Discussion Agreement (IADA) has recommended its members to implement a rate restoration of $100 per TEU for carg...
15.02.25
Japan's Containerized Used Car Export Grows 17.4% in 2014
In 2014, containerized exports of used cars surged 17.4% from a year before to 498,956 units, according to a report compiled by a Tokyo-based auto-related organization. The throughput of containeri...
15.02.25
Box Throughput from UA to Asia Dips 3.1% in 2014
Containers from the U.S. to 18 economies in Asia fell 3.1% from a year earlier to 6,658,906 TEUs last year, suffering the first year-on-year decline in five years, according to the Japan Maritime C...
15.02.24
Export Cargo from Japan to China Wanes 7% in 2014
Exports from Japan to China declined 7.3% year on year to 11,513,402 tons in 2014, according to a preliminary report unveiled on Feb. 19 by the Japan Maritime Center (JMC). In contrast, imports imp...
15.02.24
Asia to Europe Container Trade Sets Records in 2014
Container exports from Asia to Europe increased 8.6% year on year to 15,396,122 TEUs in 2014, according to a report released recently by the Japan Maritime Center (JMC). Thanks to the European econ...
15.02.23
PMA, ILWU Tentatively Agree on New 5-year Contract
The Pacific Maritime Association and the International Longshore and Warehouse Union have announced a tentative agreement on a new five-year contract covering workers at all 29 West Coast ports. Th...
15.02.20
South Korea-Southeast Asia Box Traffic Favorable in 2014
In 2014, 1,796,316 TEUs of containers were traded between Japan and South Korea, which rose 0.8% from a year earlier. On the route between South Korea and China, 2,750,173 TEUs were transported, wh...
15.02.18
NACCS Center to Sell 49% of Its Shares to Be Privatized
Nippon Automated Cargo and Port Consolidated System, Inc. (NACCS Center) will become a private enterprise. To this end, the special public corporation will sell stocks to logistics service provider...
15.02.18
China Unveils 2014 Top 20 Container Ports
The China Ports and Harbors Association (China Ports) has recently unveiled a list of 2014’s top 20 domestic container ports. The lineup of the eight busiest ports remained unchanged from a year ea...
