News
20.03.16
Singapore Outpaces Shanghai in February Box Volumes
The outbreak of the coronavirus disrupted container traffic at major container ports in Asia in February and Shanghai port faced a nearly 20 percent drop in box throughput while the Maritime & ...
20.03.13
JICA Signs National Single Window Project Phase 2 with Myanmar
The Japan International Cooperation Agency (JICA) has signed a Record of Discussions with the Myanmar government in Yangon for the Project of Capacity Development for National Single Window and Cus...
20.03.12
COVID-19 Depresses Long Beach Box Traffic in Feb
Cargo volume declined at the Port of Long Beach in February due to fewer ship calls amid the overseas outbreak of the coronavirus and lingering effects of the trade dispute with China. Terminal ope...
20.03.10
China to US Containers plunge 20.8% in February
Container exports to the U.S. from 10 major countries and regions in Asia fell 9.4% year on year to 1,119,485 TEUs in February, U.S. research company Descartes Datamyne unveiled recently. The negat...
20.03.10
Container Spot Rates from China Dip Slightly Last Week
The Shanghai Shipping Exchange (SSE) unveiled on March 6 that the Shanghai Containerized Freight Index (SCFI) for the week of March 2 went down a mild 0.5% from the previous week to 871.16 points. ...
20.03.09
WTO's Trade Facilitation Agreement Sees Increasing Implementation Rate
Three years since the Trade Facilitation Agreement (TFA) entered into force on February 22, 2017, World Trade Organization (WTO) members have continued to make steady progress in its implementation...
20.03.09
World Container Index Falls 4 Weeks Running
The average composite index of the World Container Index (WCI) assessed by Drewry decreased by 3.5% to $1,485.59 per 40ft container last week. The index for year-to-date was $1,688 per 40ft contai...
20.03.06
Conditions of Port Operation in China Improving: Ports Body Reports
China Ports and Harbors Association unveiled on Wednesday a report which analyzed the effect of the novel corona virus on operations of major port companies during the previous week (February 24 t...
20.03.05
Shipping Lines Move to Introduce New Panama Canal Surcharge
Following the Panama Canal Commission's implementation of a Freshwater Surcharge beginning February 15, ocean carriers are leaning toward adopting the equivalent surcharges on shipments passing th...
20.03.04
Port of Vancouver Achieves 2nd Highest Box Volume in 2019
The Vancouver Fraser Port Authority has released the 2019 year-end statistics for cargo moving through the Port of Vancouver. Overall, cargo through the port was 144 million metric tons for the ye...
