News

 

18.12.21

EU Adopts ''No Deal'' Brexit Contingency Action Plan

Given the continued uncertainty in the UK surrounding the ratification of the Withdrawal Agreement, the European Commission has started implementing its ''no deal'' Contingency Action Plan. The pac...

18.12.20

UK to Remain in Common Transit Convention after Brexit

The U.K. is set to remain in the Common Transit Convention (CTC) after Brexit, ensuring simplified cross-border trade for UK businesses exporting their goods. The CTC is used for moving goods betwe...

18.12.19

Box Traffic to/from Chinese Ports Grows 5% in Jan-Nov

Ports in China handled a total of 229,110,700 TEUs of containers in the first 11 months (January-November) of 2018, up 5.3% year on year, according to the nation’s Ministry of Transport (MOT). Thro...

18.12.18

Demand Growth Expected to Overtake Box Tonnage: NYK Report

Nippon Yusen Kaisha (NYK)’s Research Group released Friday the 2018 edition of its annual report on the world’s container transport and containership deployment. In 2016 and 2017, growth in global ...

18.12.17

Ex-Shanghai Spot Rates Continue to Fall

The Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) for the week ended on Friday, December 14 fell 1.5% percent since the previous Friday's reading of 861.55 to a reading o...

18.12.13

Asia-to-US Container Volumes up 4% in Nov

A total of 1,423,275 TEUs of containers were exported to the U.S. from 10 countries and regions in Asia in November, which increased 4% from a year earlier and posted a year-on-year improvement for...

18.12.12

Japan's Exports to Level off at 82.48 Trillion Yen in FY2019: JFTC

Total value of Japan's Exports is expected to level off in fiscal 2019 (April 2019-March 2020), growing a minute 0.9% from a year earlier to \82.48 trillion, according to trade and current balance ...

18.12.12

US's Monthly Retail Imports Reach 2 Mln TEUs for First Time

Imports at the U.S.'s major retail container ports have set another new record, reaching 2 million containers in a single month for the first time as retailers continued to bring merchandise into t...

18.12.11

Spot Rates from Shanghai to US Plunge Last Week

The growth of transportation demand in China's export container shipping market generally leveled off last week, but spot rates on the transpacific trades plunged and the Shanghai (Export) Containe...

18.12.11

FMC Authorized to Oversight Alliance’s Impacts on Competition

U.S. President Donald Trump signed the Federal Maritime Commission Authorization Act of 2017 on December 4, which urges the Federal Maritime Commission (FMC) to address antitrust issues arising fro...

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