News

 

20.04.09

Japan-China Trade Shrinks for First Time in 3 Years

The total value of goods traded between Japan and China in 2019 shrank 3.7% from the previous year to $340.733 billion, incurring the first year-on-year contraction in three years, according to fig...

20.04.08

Average Container Spot Rates from China Dip 3.3% in March

The novel coronavirus (COVID-19) pandemic is posing a high risk to global trade, driving down freight rates on many trade routes, according to a report on the market for exporting containerized shi...

20.04.06

Spot Rates from Shanghai Mixed among Trade Lanes

Freight rates for exporting containers from China in Week 14 though the ongoing novel coronavirus (COVID-19) pandemic impacted both tonnage supply and demand. While demand for moving shipments from...

20.04.02

Box Traffic in India Rises 2.45% in First 11 Months of FY2019/20

Container volumes handled by 12 state-run ports in India totaled 9.194 million TEUs in the first 11 months of the fiscal year of 2019/20 ended in February. The figure represents a 2.45% increase co...

20.04.01

S. Korea-Japan Containers Decrease 9% in Jan-Feb

A total of 277,045 TEUs of containers were traded between South Korea and Japan in January-February, decreasing 9.3% year on year from 305,550 TEUs, according to the Korea Nearsea Freight Conferenc...

20.04.01

Tokyo Port Handles 4.51 Mil TEUs of Ocean Containers in 2019

The Port of Tokyo handled 4,513,641 TEUs of oceangoing containers in 2019, down 1.2% from the previous year. Exports accounted for 2,128,983 TEUs, up 0.5%, and imports, 2,384,658 TEUs, down 2.8%. L...

20.03.31

China's Ministry of Transport to Amend VGM Rules

China's Ministry of Transport has decided to amend the Rules on Ship Safety Supervision which requires shippers to verify the gross mass of all loaded containers before loading onto vessels in acco...

20.03.30

Spot Rates for Containers from Shanghai Dip 1% in Week 13

Containerized exports from China did not recover as fast as expected in Week 13, due to the ongoing novel coronavirus (COVID-19) outbreak. The Shanghai Shipping Exchange (SSE) unveiled on Friday th...

20.03.30

S. Korea-China Containers Decrease 3.3% in Jan-Feb

Container movement is weakening on the trade between South Korea and China due to the ongoing novel coronavirus (COVID-19) pandemic. In January and February, a total of 1,314,374 TEUs were carried ...

20.03.30

Box Trades between S. Korea and Asia See 9.7% Growth in Feb

Container trades between South Korea and eight Southeast Asian economies was sluggish in January, going down 2.9% year on year to 314,568 TEUs, according to the Korea Customs Service (KCS). Box vol...

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