News
17.03.03
Shipping Lines in Asian Regions Unveil Rate Restorations
Shipping lines serving the trades from the Far East to Southeast Asia, South Asia, Middle East and Red Sea ports are set to implement rate restorations in March and April as follows; ・Informal Rat...
17.03.02
Korea-Japan Box Trade Swings to Positive Growth
Combined volume of local, feeder and transshipment (T/S) containers (including empty containers) moved to and from South Korea in 2016 was 1,825,986 TEUs, growing 1.8% (32,134 TEUs) from the previo...
17.03.01
IADA Confirms Rate Restoration Program for 2017
The Inter Asia Discussion Agreement (IADA) has recommended its members to implement the following rate restoration (RR) program for all the cargo to/from Japan. For Annual contract: RR of US$200 pe...
17.02.28
Spanish Dockworkers Poised to Strike in March
The State Coordinator of Sea Workers union (Coordinadora Estatal de Trabajadores del Mar, CETM) in Spain has called for strikes in March after the Spanish government approved a decree on the port s...
17.02.28
Taiwan's 2016 Box Traffic Grows 1.8% 14.76 Mln TEUs
Total volume of oceangoing containerized shipments handled at ports in Taiwan increased 1.8%, or 270,000 TEUs year on year to 14.76 million TEUs in 2016, according to the Department of Statistics o...
17.02.27
WTO's Trade Facilitation Agreement Enters into Force
A major milestone for the global trading system was reached on February 22, 2017 when the first multilateral deal concluded in the 21 year history of the World Trade Organization (WTO) entered into...
17.02.24
TSA Announces April Rate Increase of $800/FEU
Transpacific Stabilization Agreement (TSA) lines are proposing a $800-per-40-foot container (FEU) rate increase for all origins and destinations, to take effect on April 1, 2017. The proposed incre...
17.02.24
ILA Calls for Shutdown of US East Coast Ports
The International Longshoremen's Association (ILA), AFL-CIO is calling for a shutdown of ports on the East Coast of North America and Gulf Coasts and also the March on Washington next week. ILA is ...
17.02.23
China's Transport Ministry Fines 14 Container Lines
The Chinese Ministry of Transport has announced that it had implemented administrative punishment on 14 container carriers for either not reporting their freight rates or not carrying out their fil...
17.02.22
Asia-U.S. Box Trade Hits New Record in January
Outbound container movement from Asia to the U.S. registered a year-on-year increase for the fourth consecutive month in January and make a new record for the month in question, according to the Ja...
