News
16.06.08
TSA Unveils Proposed July Rate Hike of $600 per FEU
Member carriers of the Transpacific Stabilization Agreement (TSA) recently unveiled a freight rate restoration plan to raise freight rates by US$600 per FEU on July 1. As part of its 2016 business ...
16.06.08
METI Compiles Report on International Cartel Cases
The Ministry of Economy, Trade and Industry (METI) of Japan on June 3 unveiled a report that it had compiled on actions that other governments’ competition authorities take against international ca...
16.06.06
Congestion Accelerates at Bangkok
Ship congestion is escalating at the Thai ports of Bangkok and Laem Chabang. On May 2, two gantry cranes at one of the seven berths at the former port, which is managed by the Port Authority of Tha...
16.06.06
West Coast South America Rate Hike Unveiled
Member lines of the Asia-West Coast South America Agreement (AWCSA) have announced that they will implement a rate restoration applicable to the trades from Japan to West Coast South America (WCSA)...
16.06.03
Philippines Customs Modernization Act Signed by President
Philippine President Benigno Aquino III has signed the Customs Modernization and Tariff Act (CMTA), which will facilitate the nation's custom procedures in line with global standards and practices....
16.06.01
Myanmar Customs Provides 24-Hour Clearance
Myanmar Customs Department teams have reportedly started round-the-clock clearance for import and export shipments at the nation’s gateway port of Yangon since last Thursday with an aim to ease con...
16.06.01
IADA Recommends Ad-hoc Business Plans
The Intra-Asia Discussion Agreement (IADA) has recommended its members to implement, on a non-biding basis, ad-hoc southbound / northbound business plans as below: - Japan/Bangkok and Laem Chabang ...
16.05.30
Mainland, Hong Kong Customs Ink Cooperation Pact
To strengthen Hong Kong's role as an international trade and logistics hub as well as to encourage the trade to choose Hong Kong as a transhipment location for their goods, the Mainland and Hong Ko...
16.05.26
Box Volumes in South Korea Dip 2.5% in April
Trade ports in South Korea processed a total of 119.32 million tons of shipments in April, according to an announcement made recently by the country’s Ministry of Oceans and Fisheries, which added ...
16.05.25
IMO Eyes 3-Month Transitional Period on VGM Regulations
The International Maritime Organization (IMO) has issued a Maritime Safety Committee (MSC) circular providing advice to Administrations, port State control authorities, companies, port terminals an...
