News
17.04.26
Busan T/S containers down 3% in Q1
The Port of Busan in South Korea processed 4.786 million TEUs of containers in the first quarter (January-March) of this year, which decreased 0.44% year on year, according to preliminary figures u...
17.04.25
Korea to China Box Traffic Remains Robust in Q1
Container movement between South Korea and China remained brisk after the Lunar New Year holidays. In the first quarter (January-March), containers from South Korea to China increased 9.89% year on...
17.04.24
Yangshan Deep Port Suffering Massive Delays
As congestion is escalating at Yangshan Port in Shanghai, shipping companies and freight forwarders have informed customers that there are long delays in cargo transport. The port jam deteriorated ...
17.04.24
Containers from Japan to China up 21.3% in Feb.
Outbound containers from Japan to China surged 21.3% from a year earlier to 1,069,630 tons in February, enjoying year-on-year growth for the fourth consecutive month, according to a report on conta...
17.04.21
Box Throughput at Hong Kong Surges 17% in March
The Hong Kong Marine and Port Board (HKMPB) recently unveiled that the Port of Hong Kong handled 1.77 million TEUs of containers in March, which grew 17.1% from a year earlier and enjoyed a double-...
17.04.20
Vietnam’s VNR and SNP Tie up to Build New ICDs
The Vietnam Railway Corporation (VNR) and Saigon Newport Corporation (SNP) have agreed to set up inland container depots in two inland container depots (ICDs) in the Song Than Industrial Park in th...
17.04.19
Strike at Major Ports in India Postponed
Labor unions in India that represent dockworkers recently agreed with the government of the nation to postpone the indefinite nationwide strike that they had planned to begin on April 19 to May 12....
17.04.19
World Trade Recovery Expected in 2017 and 2018
The World Trade Organization (WTO) is forecasting that global trade will expand by 2.4% in 2017; however, as deep uncertainty about near-term economic and policy developments raise the forecast ris...
17.04.19
LA Box Throughput Surges 29% in March
March cargo volumes jumped 29 percent at the Port of Los Angeles compared to the previous year. The robust numbers came through a combination of strong export volumes (up 20 percent), a post Lunar ...
17.04.18
Indian Importers Now Required Faster Declaration
India's Central Board of Excise and Customs (CBEC) has amended Sections 46 and 47 of the Customs Act, 1962. These changes came into effect on April 1, 2017 following the enactment of the Finance Bi...
