News
17.09.12
Spot Rates Fall Last Week for Ex-China Containers
Spot freight rates for exporting containers from China dropped last week, with that the rate for shipments from Shanghai to Europe going down 8.4% from the previous week to US$812 per TEU and that ...
17.09.11
Johor Working on Measure to Ease Causeway Congestion
Heavy vehicles traffic from Malaysia's Johor to Singapore would be limited to the Malaysia-Singapore Second Link in January 2018. The Second Link is a bridge built to reduce the massive traffic con...
17.09.08
India Customs Approves Exporters Self-Sealing
The Central Board of Excise and Customs (CBEC) of India's Department of Revenue, Ministry of Finance has approved elf-sealing of containers by exporters using electronic seals, effective October 1,...
17.09.08
UK Ports Handle Record Container Volumes in 2016
Overall total freight tonnage handled by UK ports declined by 3% in 2016. This decline is attributable to a large reduction in demand for coal imports, according to ''UK Port Freight Statistics: 20...
17.09.06
Countries Sign ESCAP Cross-border Paperless Trade Pact
Bangladesh, Cambodia and China have signed the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific, a new United Nations treaty aimed at strengthening digita...
17.09.05
Containers to/from S. Korea Grow 3.1% in July
Trade ports in South Korea processed a total of 132.34 million tons of cargo in July, which increased 3.7% from the 127.67 million tons that they handled a year earlier, according to an announcemen...
17.09.04
Philippines to Implement AEO Program in Sept
Philippines' Bureau of Customs (BOC) and the Department of Finance (DOF) have signed Customs Administrative Order (CAO) 5-2017 establishing Authorized Economic Operator (AEO) program. The program g...
17.09.01
Used Vehicle Exports Expand YOY for 9th Straight Month
Japan exported a total of 106,865 vehicles (i.e., passenger cars, cargo freighters and buses) in July, which surged 19.1% from a year earlier and enjoyed a year-on-year increase for the ninth conse...
17.08.31
Intra-Asia Box Volumes Rise 2.3% in July
Leading shipping companies moved a total of 1.103 million TEUs of containers in July among 13 countries and regions in Asia, which increased 2.3% year on year. Dry and reefer containers were both b...
17.08.30
Port Houston Remains Closed
All Port Houston facilities will remain closed on Tuesday, August 29 due to the continued threat of inclement weather being caused by Hurricane Harvey, . The port authority said that they will be c...
