S. Korea's Shortsea Box Trades See Steady Growth in 2018

Container movement on the trade routes linking South Korea with Japan, China and Russia was all brisk in 2018, making year-on-year improvements. Between South Korea and Japan, 1,985,351 TEUs were m...


Yokohama Handles 3.6% More Boxes in Jan-Oct

The Port of Yokohama processed a total of 35.49 million tons of shipments in the first 10 months (January-October) of 2018, up 4.2% from a year earlier, according to preliminary statistics compiled...


Box Throughput at Taiwanese Ports Grows Modestly in 2018

Taiwan’s international container ports handled a total of 15,321,722 TEUs of containers in 2018, growing 2.75 % year on year, according to statistics compiled by the state’s Ministry of Transportat...


Spot Rates from China Drop in Many Trade Routes

Freight rates for exporting containers from China declined on many trade routes last week, as pre-Chinese Lunar New Year shipments had reached a peak, and, as a result, transport demand declined in...


New Record Set for Asia to US Box Traffic in 2018

Containers moved eastbound to the U.S. from 18 countries and regions in Asia increased 21.8% from a year earlier to 1,645,022 TEUs in December of last year, posting a year-on-year improvement for e...


Japan-China Box Trade Grows for 3 Months Running

Containers from Japan to China surged 10.9% from a year earlier to 979,291 tons in November 2018, marking a year-on-year increase for three straight months, according to a report on container movem...


U.S. Customs Brokers in Trouble due to Federal Shutdown

It is reported in the U.S. that local customs brokers are in trouble. Amid the protracted federal government shutdown, many customs employees are on furlough, preventing various duty refund formali...


S. Korea-China Ferries 3.5% More Boxes in 2018

A total of 634,302 TEUs of containers were moved on ferry services between South Korea and China in 2018, up 3.5% year on year, according to an association governing the said services. By route, 55...


''24-Hour Rule'' in Place in GCC States from Feb 1

In accordance with the Common Customs Law of the Gulf Cooperation Council (GCC) states specifying the requirement of submission of the sea export manifest by all shipping lines/agents, all shippers...


BIFA Recommends Members to Prepare for No-deal Brexit

Responding to the decision by the UK Parliament to reject a deal, which set out the terms of Britain's exit from the European Union on March 29, Robert Keen, Director General of the British Interna...



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