News

 

18.02.13

Port of NY & NJ Sets New Cargo Record for 2017

The Port of New York and New Jersey handled 6,710,817 TEUs during 2017, a 5.3 percent increase over the 6,371,720 TEUs handled in 2015 when the previous annual record was established, the port auth...

18.02.09

JNPT Records Highest Monthly Box Volume in January

Jawaharlal Nehru Port Trust (JNPT) handled 418,000 TEUs in January 2018, which is highest ever container traffic handled during a month at JNPT and increase of 13% over the same month last year. Am...

18.02.08

UK Customs Unveils New Customs Declaration Service

Britain's HM Revenue and Customs (HMRC) has announced that it will begin a phased launch of the Customs Declaration Service (CDS) in August 2018. CDS will replace the existing Customs Handling of I...

18.02.07

Global Container Traffic Rises 5.5% in December

According to statistics compiled by Container Trades Statistics Ltd. (CTS) of London, a total of 14,177,360 TEUs of containers were traded worldwide in December 2017, which grew 5.5% from the corre...

18.02.06

Ex-China Container Spot Rates Climb Moderately

The Shanghai Containerized Freight Index (SCFI) stood at 883.59 points last week, going up 2.9% from the previous week, according to the Shanghai Shipping Exchange (SSE). The container spot rate, w...

18.02.05

Intra-Asia Container Volumes Rise by 1.7% in 2017

Leading shipping companies moved 1.096 million TEUs of container in December 2017 among 13 countries and regions in Asia in total, which increased 5.9% from a year earlier. Dry and reefer container...

18.02.05

Indonesia Ends Customs Inspections of 2,973 Import Items

Indonesia's Directorate General of Customs and Excise on Feb. 1 took a step to simplify its customs formalities. Jakarta discontinued the customs inspections that it conducts of 2,973 items, includ...

18.02.02

Used Vehicle Exports Grow for the First Time in 3 Years

Japan exported 1,297,708 used vehicles (i.e., passenger cars, cargo freighters and buses) in 2017, which increased 9.3% from a year earlier and registered the first year-on-year improvement in thre...

18.01.31

S. Korea's Box Volume up 5.4% to 27.4 Mln TEUs in 2017

South Korea's trade ports processed a total of 27.421 million TEUs of containers in 2017, which increased 5.4% from the 26 million TEUs handled in the previous year, according to a preliminary repo...

18.01.30

TSA to Disband After 30 Years of Acting As Forum for Liner Carriers

The Transpacific Stabilization Agreement (TSA) announced Wednesday that it would dissolve on February 8, 2018 after almost 30 years of activities as a research and discussion forum of major ocean c...

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