News
16.03.16
Judicial Affairs Committee Holds Briefing Session on Revised Commercial Code
There are two laws in Japan that govern maritime cargo transport. One is the Commercial Code, which was enacted in 1899, and the other is the Act for International Carriage of Commodities by Sea, w...
16.03.14
Box Volumes at Shanghai Slow down in February
The port of Shanghai handled 2.59 Million TEUs in February, up slightly by a mere 0.8% from 2.57 million TEUs registered in the previous same month. For the first two months of 2016, Box throughput...
16.03.11
TSA-Westbound Recommends Dry Cargo Rate Hikes
Member carriers in the Transpacific Stabilization Agreement (TSA) Westbound section have agreed on the need for an across-the-board increase in dry cargo rates, effective April 1, 2016. The recomme...
16.03.10
Intra-Asia Container Volumes up 2% in January
Major shipping line moved a total of 1,177,304 TEUs of containers among 13 countries and regions in Asia in January, which grew 2.4% from a year earlier and enjoyed a year-on-year increase for the ...
16.03.09
EU Court Upholds €169 Mln Fines against Forwarder Cartels
The General Court of the European Union upheld the fines imposed by the European Commission on a number of companies for their participation in cartels in the international air freight forwarding s...
16.03.07
Egypt to Require Registration of Factories of Export Goods
Egypt’s Ministry of Trade and Industry has recently released Decree of Minister of Trade and Industry No. 43 of 2016, regarding the amendment of the rules organizing the registration of the factori...
16.03.04
IADA Recommends Rate Hikes for March, April
The Intra-Asia Discussion Agreement (IADA) recently issued a guideline to its member lines for freight rate hikes for containerized shipments from the Far East (excluding Japan) that they will impo...
16.03.02
TSA Lines Recommend April GRI of $600 per FEU
Member shipping lines in the Transpacific Stabilization Agreement (TSA) are recommending across the board rate increase of $600 per FEU, effective April 1, 2016, in a bid to help address ongoing co...
16.03.01
FIATA Calls for Enhanced Box Weighing Information from Carriers
The International Federation of Freight Forwarders Association (FIATA) is calling for enhanced communication from container shipping lines ahead of the deadline by which new IMO regulations requiri...