Japan's Cargo Traffic Predicted to Register Negative Growth in FY2019

Nittsu Research Institute and Consulting, Inc. (NRIC) recently unveiled a revision of its fiscal 2019 (April 2019-March 2020) cargo transport forecast. The think tank now projects that oceangoing c...


Cross-Strait Box Volumes Loose Ground by 2% in Jan-Aug

Taiwan's Ministry of Transportation and Communications (MOTC) recently announced that 202,919 TEUs of containers were traded to and from China in August, going down 7.51% from a year earlier. In th...


Ex-Shanghai Spot Rates Decrease on Major Routes

Freight rates for exporting containers from China slightly decreased on many trade routes in the week of Sept. 2. The Shanghai Shipping Exchange (SSE) announced on Sept. 6 that the Shanghai Contain...


New Coalition Aims at Zero-Emissions Shipping Plain Sailing

The World Economic Forum, the Global Maritime Forum and Friends of Ocean Action has launched the ''Getting to Zero Coalition'' at the United Nations Climate Action Summit, with the goal of decarbon...


Box Volumes at Chinese Ports Grow 4.5% in August

A total of 22.62 million TEUs of containers were handled at ports in China in August, which managed to hike 4.5% from a year earlier amid tangled economic situations across the globe, the nation’s ...


Electronic AEO Application Mandatory in EU from Oct 1

As of October 2019, applications for ''Authorized Economic Operator'' status (AEO) will have to be made electronically through the EU trader portal. Until 30 September 2019, AEO applications togeth...


Slow Demand Prompts Shanghai Box Rates to Decline

Freight rates for exporting containers from China declined, as pre-Chinese Lunar New Year shipments had reached a peak, and, as a result, transport demand shrank in most of the trade routes. The Sh...


International Box Traffic at Tokyo Port Dips 1.2% in H1

International cargo exports from the Port of Tokyo amounted to 6.18 million tons in the first half (January-June) of 2019, down 5.5% year on year, according to the Tokyo Metropolitan Government (TM...


Japan-Australia AEO MRA to Take Effect on Sept 25

The Customs and Tariff Bureau of the Ministry of Finance announced Wednesday that the AEO (authorized economic operators) mutual recognition agreement (MRA) between Japan and Australia will take ef...


Asia-to-US Containers Increase 3.6% in August

Outbound containers to the U.S. from 10 major Asian countries and regions (based on shipments that mother vessels are loaded with at ports of origin) increased 3.6% to 1,515,033 TEUs, enjoying a ye...



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