News
12.02.15
Korea-China Container Volume by Ferry Grows 8% in 2011
The overall volume of containerized shipments handled in international car ferry services was steady in 2011, going up 5.8% year on year to 581,000 TEUs, according to South Korea’s Ministry of Lan...
12.02.14
TSA Lines Unveil 2012-13 Revenue Recovery Program
As container shipping lines face estimated 2011 losses in the billions of dollars across their global networks, including the transpacific trade, member carriers in the Transpacific Stabilization ...
12.02.13
Singapore to Implement Advance Export Declaration from Apr 1, 2013
With effect from April 1, 2013, Singapore Customs will require declarations for the export of all goods to be submitted prior to the goods leaving Singapore. This initiative, known as Advance Expo...
12.02.10
Asia to Europe Container Traffic Grows 3.3% in 2011
The volume of containerized shipments transported westbound from Asia to Europe in December 2011 remained nearly unchanged from a year earlier, increasing a minute 0.77% to 1,204,800 TEUs, accordi...
12.02.07
Asia to Europe Lines Rush to Rate Hike Moves
The unprecedented plunge of freight rates coupled with the sharp increase of bunkers and the deterioration of operational conditions in Asia has prompted shipping lines in the Asia to Europe trade...
12.02.06
Intra-Asia Container Traffic up 6.1% to 14.147 Million TEUs in 2011
The combined volume of containerized shipments handled by major shipping companies on the intra-Asia trade in 2011 was steady on almost all routes.The total was 14,147,000 TEUs, a year-on-year in...
12.02.06
Bill to Revise Customs Tariff Act Submitted to Diet
Prime Minister Yoshihiko Noda's Cabinet on Jan. 31, 2012 agreed on a bill to partially revise the Customs Tariff Act and other regulations. Prepared by the Ministry of Finance (MOF), the bill, w...
12.02.01
MOF Unveils Comments from General Public on Proposed ''24-Hour Rule''
Japan's Ministry of Finance (MOF) recently unveiled the comments it had solicited from the general public in respect to introducing the so-called ''24-Hour Rule'' in Japan.The 24-Hour Rule is a...