News

 

10.05.19

TSA to Implement Peak Season Surcharge

Transpacific Stabilization Agreement (TSA) lines have announced guidelines for a Peak Season Surcharge (PSS) on U.S. bound cargo excluding Puerto Rico, effective June 15, 2010. The following PSS w...

10.05.19

No End in Sight for South African Strike

A strike by South African port and freight-rail workers which went into the second week on Monday continued through Tuesday and they are set to intensify the walkout over wages in the wake of the ...

10.05.17

Japan/China Container Volume on the Rise in March

Container trade between Japan and China achieved a steady 6.5% growth with a total of 256,823 TEUs in March led by bullish demand for exports from Japan, registering the sixth year-on-year monthly...

10.05.14

Striking South African Transport Workers Cripple Nation's Cargo Traffic

South African transport worker unions have gone into a strike after breakdown of the wage-hike negotiations with the employer Transnet, South Africa's largest transport company, throwing national ...

10.05.13

Asia to Europe Container Volume Surges 20.4% in 1Q

Westbound container trade from Asia to Europe enjoyed a 20.4% increase in the first three months of 2010 totaling 3.12 million TEUs, according to statistics released by the European Liner affairs ...

10.05.13

Transpacific Box Trades See Strong Recovery in February

Eastbound containers from Asia's 18 countries and territories to the U.S. surged 25.1% from a year earlier to 913,000 TEUs in February 2010, while westbound box traffic from the U.S. to Asia for t...

10.05.13

Successful Transpacific SC Deals Boost China’s Export Freight Index

China's export demand for container transport had remained at a high level in general in the week ended on May 7, with China Export Containerized Freight Index (CCFI) at 1120.46 points, basically ...

10.05.12

Asia to Europe Box Traffic Continues Strong Recovery

Container shipments moving from Asia to Europe continue rapid recovery from last year's market crash, soaring more than 20% during the first three months of the year. In the first quarter of 2010,...

10.05.11

China ? Korea Box Trade Makes Rapid Turnaround in 1Q

Containerized shipments traded between South Korea and China improved notably during the first quarter of 2010 (January-March), soaring 22% to 540,394 TEUs from the 442,865 TEUs handled in the sam...

10.05.07

IMO Adopts HNS Protocol That Would Boost Liability for Damage

A Protocol to the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 1996 (HNS Convention) was adopted on...

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