News
15.05.29
Exports of Fishery Products up 5% in Value in FY2014
Prime Minister Shinzo Abe’s Cabinet has recently approved an annual white paper on fisheries for fiscal 2014 (April 2014-March 2015). According to the Fishery Basic Act, the government every year c...
15.05.28
Single Stop Inspection Eyed on East-West Economic Corridor
At their 3rd Vice Foreign Ministers' on East-West Economic Corridor Development held last week in Bangkok, representatives from Laos, Myanmar, Thailand and Vietnam agreed to launch a single-stop cu...
15.05.28
China Set to Crack down on THC, Other Surcharges
According to the Regulations of People’s Republic of China on International Maritime Transportation and the Implementing Rules of the International Container Liner Precise Freight Filing, China's M...
15.05.26
Spot Rates Plunge on Shanghai to Europe Trade
The Shanghai Shipping Exchange announced Friday that the Shanghai Containerized Freight Index (SCFI) dropped 10.8% from the previous week to 676.05 in the week ended on May 22, and the spot rates f...
15.05.26
US West Coast Dockworkers, Employers Ratify New Contract
Dockworkers and maritime employers on the U.S. West Coast gave last week overwhelming approval to the new five-year contract which was agreed tentatively by their representatives in February 2015. ...
15.05.22
CBP Delays C-TPAT Launch for Exporters
U.S. Customs and Border Protection (CBP) has announced that the launch of the Customs-Trade Partnership against Terrorism (C-TPAT) for U.S. exporters has been delayed. CBP previously stated that ex...
15.05.20
Hong Kong Box Volumes Continue Declining
Container throughput at Hong Kong Port fell 11.7% year on year to 1.70 million TEUs in April compared to 1.93 million TEUs registered in the corresponding month in 2014, according to the Hong Kong ...
15.05.19
Singapore Box Volumes Drop Two Months in a Row
Container throughput at the port of Singapore fell 5.7% year on year to 2.6 million TEUs in April, according to the Maritime and Port Authority of Singapore (MPA), representing a decline in two con...
15.05.19
Philippine Customs to Open 24-hour Operation at Subic Bay
Philippines' Bureau of Customs (BOC) is launching around-the-clock operation for customs procedures at Subic Bay. The main benefits of the program are, among others, that formalities for import and...
15.05.18
Japan-China Trade Decreases in Both Directions in Q1
Outbound shipments from Japan to China increased year on year quantitatively in March, growing 4.1% to 1,109,466 tons, according to a report on cargo movement between the two Asian economies releas...
