News
16.03.24
Containers from Asia to U.S. Surge 29% in February
Containerized shipments from 18 countries and regions in Asia to the U.S. surged 29.2% from a year earlier to 1.278 million TEUs in February, enjoying a notable year-on-year increase of more than 2...
16.03.23
Moody's Downgrades Global Shipping Rating
Moody's Investors Service has changed its outlook on the global shipping sector to negative as it expects supply growth to outpace demand growth in 2016 by more than 2%, suppressing freight rates, ...
16.03.22
Container Throughput Remains Weak at Major Ports in Asia
The Port of Shanghai handled 2.59 million TEUs of containers in February, which grew a mere 0.8% year on year from 2.574 million TEUs, according to a report compiled by Shanghai International Port ...
16.03.16
Judicial Affairs Committee Holds Briefing Session on Revised Commercial Code
There are two laws in Japan that govern maritime cargo transport. One is the Commercial Code, which was enacted in 1899, and the other is the Act for International Carriage of Commodities by Sea, w...
16.03.14
Box Volumes at Shanghai Slow down in February
The port of Shanghai handled 2.59 Million TEUs in February, up slightly by a mere 0.8% from 2.57 million TEUs registered in the previous same month. For the first two months of 2016, Box throughput...
16.03.11
TSA-Westbound Recommends Dry Cargo Rate Hikes
Member carriers in the Transpacific Stabilization Agreement (TSA) Westbound section have agreed on the need for an across-the-board increase in dry cargo rates, effective April 1, 2016. The recomme...
16.03.10
Intra-Asia Container Volumes up 2% in January
Major shipping line moved a total of 1,177,304 TEUs of containers among 13 countries and regions in Asia in January, which grew 2.4% from a year earlier and enjoyed a year-on-year increase for the ...
16.03.09
EU Court Upholds €169 Mln Fines against Forwarder Cartels
The General Court of the European Union upheld the fines imposed by the European Commission on a number of companies for their participation in cartels in the international air freight forwarding s...
16.03.07
Egypt to Require Registration of Factories of Export Goods
Egypt’s Ministry of Trade and Industry has recently released Decree of Minister of Trade and Industry No. 43 of 2016, regarding the amendment of the rules organizing the registration of the factori...
16.03.04
IADA Recommends Rate Hikes for March, April
The Intra-Asia Discussion Agreement (IADA) recently issued a guideline to its member lines for freight rate hikes for containerized shipments from the Far East (excluding Japan) that they will impo...
