News
17.03.21
Global Box Trade Expanding despite Fall in Freight Index
Container Trades Statistics Ltd. (CTS) of the U.K. recently unveiled that a total of 13.451 million TEUs of containers were traded worldwide in January, which increased 9.5% from a year earlier. Gl...
17.03.17
Japan-China Trade Value Dips for Two Consecutive Years
The total value of trade between Japan and China decreased 0.6% to slightly over US$301.6 billion in 2016, suffering a year-on-year contraction for the second consecutive year, according to a repor...
17.03.17
Hong Kong Box Throughput Expands 12.7% in February
Container throughput at the port of Hong Kong soared 12.7% from a year earlier to 1.436 million TEUs in February, marking an increase for seven consecutive months. Throughput at the main Kwai Tsing...
17.03.16
Feb. Box Traffic at Shanghai, Singapore Marks Contrast
Shanghai International Port (Group) Co. (SIPG) unveiled that container volumes at Shanghai port rose 2.3% on year to 2.59 million TEUs in February 2016, against 2.59 million TEUs in 2016. For the f...
17.03.14
Myanmar Study Looks at Port Data Exchange
A feasibility study looking into the possible expansion of the Northeast Asia Logistics Information Service Network (NEAL-NET) has been undertaken in Myanmar, as part of a project co-funded by the ...
17.03.13
India Gives Nod to UN TIR Convention
The Indian government has approved its accession to the UN TIR Convention, the global standard for international freight customs transit. This decision will facilitate goods transport and transit, ...
17.03.13
IADA Lines to Implement Ad-Hoc Rate Hikes in April
The Intra-Asia Discussion Agreement (IADA) has recommended its members to implement rate restorations as follows: - US$50 per TEU for cargo from Vietnam to all northbound destinations including Jap...
17.03.10
Intra-Asia Containers down 13.8% in Jan.
The combined volume of containerized shipments that major shipping lines moved in January among 13 countries and regions in Asia plunged 13.8% from a year earlier to 1.025 million TEUs, suffering t...
17.03.10
FMC Eases Regulatory Burdens to NVOCCs
The U.S. Federal Maritime Commission has voted unanimously to amend its rules involving Service Contracts and NVOCC Service Arrangements (NSAs) in order to ease regulatory burdens and make the agen...
17.03.08
Spanish Dockers Call off Strikes on March 6 and 8
Spanish dockworkers unions led by the State Coordinator of Sea Workers (CETM in Spanish) with UGT, CCOO, CIG, and CGT have decided to cancel the first wave of their planned strikes slated for March...
