News
15.11.17
China Merchants, Sinotrans & CSC in Merger Talks
China Merchants Group and Sinotrans & CSC Holdings are preparing for a possible merger deal as part of the government's strategic reorganization of state-run enterprises. Hong Kong-listed Sinotrans...
15.11.16
US Retail Imports Expected to Surge in Early 2016
Import cargo volume at the U.S.'s major retail container ports is expected to increase 8.3 percent in November over the same time last year as consumers begin their holiday shopping, according to t...
15.11.13
IRA Recommends $100/TEU Rate Hike from Dec 1
The Informal Rate Agreement has recommended its members a rate restoration of $100 per TEU for cargo moving from Asia excluding Japan to the Middle East, effective December 1, 2015. The increase fo...
15.11.13
IADA Unveils Business Plan for 2015
The Intra-Asia Discussion Agreement (IADA) adopted a rate restoration program for 2016 on Wednesday. The carrier group has recommended quarterly rate restorations in 2016, each by US$50 per TEU and...
15.11.12
India’s Box Volumes Grow 1.9% in Apr-Oct Period
India’s 12 state-run ports handled a total of 4.761 million TEUs of containers from April to October, which grew 1.9% from the corresponding seven months of 2014, according to an announcement recen...
15.11.11
Shanghai FTZ Approves 135 Firms As Advanced Certified Enterprises
China (Shanghai) Pilot Free Trade Zone Administration and Customs have acknowledged 135 enterprises which have been registered in the Shanghai FTZ as Advanced Certified Enterprise (ACE), which is e...
15.11.10
New Delhi Levies Green Tax on Commercial Trucks
India’s Supreme Court has granted imposition of an environment compensation charge (ECC) on commercial vehicles crisscrossing Delhi in an attempt to reduce air pollution. The charges will be Rs700 ...
15.11.09
All Traffic in Manila Limited during APEC Meetings
All traffic in Manila will be strictly regulated during the period from November 16 to 20 due to the 2015 Asia-Pacific Economic Cooperation (APEC) Summit, which is being hosted by the Philippines. ...
15.11.06
11 Liner Carriers Reduce Their China Surcharges
Following a notice by governmental organizations to carry out cleanup and standardize shipping service surcharges, 11 liner shipping companies have decreased additional charges by about 50 percent,...
15.11.05
Korea Transhipment Boxes Rise 7.4% in Jan-Sept
Ports in in South Korea processed a total of 1.077 billion tons of shipments in the first nine months (January-September) of this year, registering a year-on-year increase of 2.2% from 1.054 billio...
