News
16.04.05
India Launches Customs Single Window
India's Central Board of Excise and Customs (CBEC) has developed the ''Integrated Declaration'' under which all information required for import clearance by the concerned government agencies has be...
16.04.04
Korea-China Car Ferry Box Volumes Slow down in 2015
Containerized shipments moved in 2015 by car ferry services between South Korea and China increased 3.4% year on year to 558,195 TEUs, according to a report compiled by an association for car ferry...
16.04.01
Philippines Implements Advance Manifest Rules
The Philippines' Bureau of Customs has issued Customs Administrative Order requiring all shipping lines and agents, non – vessel - operating common carriers (NVOCCs), and freight forwarders includi...
16.03.31
Asia-Pacific Nations Agree on Paperless Trade Facilitation
An unprecedented regional treaty that will cut trade time and costs in the Asia-Pacific region was finalized at a United Nations led forum in Bangkok last week. The agreement, drafted by working gr...
16.03.31
Economic Slump in Brazil Keeps Box Throughput Declining
Brazilian ports handled a combined total of 9.135 million TEUs in 2015, representing a 1.9% decline compared to 9.316 million TEUs registered in 2014, according to the Special Secretariat of Ports ...
16.03.29
Busan Becomes World’s 5th Busiest Box Port
South Korea’s Ministry of Oceans and Fisheries unveiled on March 24 that trade ports in the nation handled 111.88 million tons of containers in total in February, which decreased 0.4% from the corr...
16.03.28
Panama Canal Expansion to Be Inaugurated on June 26
The Panama Canal Authority (ACP) has announced that the Panama Canal Expansion will be officially inaugurated on Sunday, June 26, 2016. The expansion work is currently 97 percent complete. Final te...
16.03.28
Think Tank Predicts Flat Growth in Japan’s FY2016 Ocean Box Traffic
Nittsu Research Institute and Consulting, Inc. (NRIC) has unveiled a revision of its projections for the Japanese economy and cargo transport in fiscal 2016 (April 2016-Marh 2017). The think tank h...
16.03.25
India Eases Cabotage Restrictions for Container Transhipment Ports
India's Ministry of Shipping has relaxed cabotage restrictions for ports which tranship at least 50% of the container handled by them. The measure will enable shipping lines to consolidate Indian i...
16.03.24
Japan-China Box Traffic Wanes in Both Ways in January
The Japan Maritime Center (JMC) has unveiled that container exports from Japan to China plunged 17.3% year on year in terms of volume to 745,362 tons and 22.8% in terms of value to \429.9 billion i...
