News
19.10.17
Asia to US Box Traffic for Sept Dips for the First Time in Three Months
Outbound containers exported to the U.S. from 10 major countries and regions in Asia in September (based on shipments that mother vessels are loaded with at ports of origin) decreased 0.5% to 1,441...
19.10.16
ESC, Drewry Announce IMO 2020 BAF Indexing Mechanism
Drewry and the European Shippers' Council (ESC) have defined and published a simplified BAF indexing mechanism and bunker charge guide to help shippers monitor and control bunker charges as shippin...
19.10.15
Ex-China Freight Rates Go down on Major Routes
Freight rates for exporting containers from China slid on many routes in the week of Sept. 30 as transport demand was weak in the midst of National Day holidays. The Shanghai Containerized Fright I...
19.10.10
US-China Trade War Weighs Heavily on Global Air Cargo
The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight ton kilometers (FTKs), contracted by 3.9% in August 2019...
19.10.09
Saudi Arabia Delays Forwarder License Deadline Until Jan 20
The Saudi Ports Authority (MAWANI) has extended the deadline for obtaining a Freight Forwarders License in Saudi Arabia until January 20, 2020. MAWANI issued a circular in March 2019 that shipping ...
19.10.08
FIATA Updates Model Rules on Freight Forwarding Services
The International Federation of Freight Forwarders Associations (FIATA) has released an updated version of the FIATA Model Rules for Freight Forwarding Services during its 2019 World Congress in Ca...
19.10.03
Korea-Japan Box Trade Shrinks 2.4% in July
Total volume of containerized shipments moved in July on the Japan-South Korea route decreased 2.4% from a year earlier to 165,041 TEUs, adversely impacted by the trade dispute between the economie...
19.10.03
Korea-Russia Box Trade Plummets 19% in Jan-Aug
Between South Korea and Russia, meanwhile, 127,000 TEUs of containers were carried in the first eight months (January-August), plunging 19.1% year on year from 157,000 TEUs. However, it was just a ...
19.10.02
Korea - China Box Traffic Grows 5% in July
According to statistics compiled by the Yellow Sea Liner Shipping Council (YSLSC), 270,307 TEUs of containers were traded between South Korea and China, which went up 5% year on year. Exports from ...
19.10.01
Containers from Japan to China Plunge 24.4% in July
Outbound containerized shipments from Japan to China plunged 24.4% to 777,169 tons in July, suffering a year-on-year shrinkage for five months in a row to hit a record low for the month in question...
