News

14.05.19

IRSA Unveils June Rate Restoration of $300 per TEU

The Informal Red Sea Agreement (IRSA), which covers the trade between East and Southeast Asia and the Red Sea countries, has recommended a rate restoration of US$300 per TEU, effective June 1, 2014...

14.05.16

Law for Cross-border Road Carriage Enacted in Thailand

The Thai government has enacted the International Roads Transport Act with an aim to facilitate international cross-border road carriage under the Convention on the Contract for the International C...

14.05.14

ILWU, PMA Urged to Agree on New Contract without Strike

In the runup to the labor contract negotiations between the International Longshore (ILWU) and Warehouse Union and the Pacific Maritime Association (PMA), a coalition of 67 groups representing expo...

14.05.14

Box Traffic at Shanghai Tops 3 Million TEU Mark in April

Container throughput at Shanghai port increased 6.9% year on year to 3.02 million TEUs in April, hitting a 3-million-TEU mark for the first time this year, according to figures recently released by...

14.05.12

China to Shift NVOCC Supervision to Local Governments

China's Ministry of Transport announced last Wednesday that it intends to shift its non-vessel operating common carrier (NVOCC) administrative privileges to local governments in a bid to further im...

14.05.09

Kenya's Electronic Single Window System Goes Live

Kenya has launched the Kenya National Electronic Single Window System (KNESWS), marking the beginning of a new era towards electronically automated cargo documentation processes which should improv...

14.05.08

Vietnam Outlines New Conditions for Shipping Business

The Vietnamese government has announced Decree No. 30/2014 titled ''Decree on Conditions for Sea Shipping and Sea Shipping Support Service Business'' which provides conditions for sea shipping serv...

14.05.07

Intra-Asia Box Volumes Grow 3.6% in Q1

The combined volume of containerized shipments that major shipping companies carried among 13 Asian economies in the first quarter of 2014 increased 3.6% year on year from 3.339 million TEUs to 3.4...

14.05.02

China's Box Throughput Increases 5.5% in March

Ports in China, including Yangshan Deep Water Port, posted a 5.5 percent year-on-year increase in container handling to 16.321million TEUs in March. Seaport throughput grew 6.5 percent to 14.763 mi...