News
17.01.26
S. Korea-China Containers Swell 6.6% in 2016
The combined volume of local and feeder containers moved between South Korea and China in 2016 increased 6.6% year on year to 2,853,997 TEUs, despite the slowdown in the Chinese economy, according ...
17.01.25
75 New NVOCCs registered, permitted, approved in ’16
According to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), 75 business operators were newly registered, permitted and approved as non-vessel operating common carriers (NVOCCs)...
17.01.24
China Railway Launches Yiwu-London Box Train Link
China Railway Express (CRE)'s container train fully loaded with all kinds of cargoes left Yiwuxi Railway Station in eastern China's Zhejiang province on January 1 and arrived in London on January 1...
17.01.23
Korea-China Ferry Containers Expand 7.2% in 2016
A total of 598,420 TEUs of containers were moved by ferry between South Korea and China in 2016, which increased 7.2% year on year. Meanwhile, 1,525,131 passengers in total used ferry services betw...
17.01.23
Three Countries Ratify Trade Facilitation Agreement
Ghana, Mozambique, and Saint Vincent & the Grenadines ratified the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) early in 2017. With the ratification of these countries, only fo...
17.01.20
Asia to US Box Flow Reaches All-time High in 2016
In December 2016, 1,316,389 TEUs of containers were exported from 18 countries and regions in Asia to the U.S., which surged 12.8% from a year earlier to establish a new record for the month of Dec...
17.01.20
Japan-China Containers Grow Both Ways in Nov.
The Japan Maritime Center (JMC) announced on Jan. 17 that 968,511 tons of containers were transported outbound from Japan to China in November 2016, which rose 10.5% from a year earlier and enjoyed...
17.01.19
India Eyes Joining TIR Customs Convention
India is set to sign the U.N. Customs Convention on the International Transport of Goods under Cover of TIR Carnets, aka TIR Convention, 1975, as it seeks seamless trade connectivity with Southeast...
17.01.17
Laos-Cambodia New Border Crossing Officially Opens
The first international border crossing between Cambodia and Laos opened on January 10, 2017. The new crossing links Nongnokheane in Champassak province, Laos and Trapeang Kriel in Stung Treng prov...
17.01.16
IADA Recommends Ad-Hoc Rate Hikes
The Intra-Asia Discussion Agreement (IADA) has recommended its members to implement rate restorations as below in consideration of increase of operational costs, including especially bunker prices,...
