News
15.12.18
China’s Box Volumes up 1.9% to 17.89 Mln TEUs in Nov
Ports in China handled 17.888 million TEUs of containers in total in November, which only increased 1.9% year on year, according to a report released on Dec. 15 by the nation’s Ministry of Transpor...
15.12.18
Argentina Set to Repeal Import Permit System
Argentina's President-elect Mauricio Macri has announced annulment of the nation's DJAI import permits to comply with World Trade Organization rulings. Since 2012 Argentine importers have been requ...
15.12.17
Hong Kong Competition Decree Comes into Full Effect
The Competition Ordinance, enacted by the Hong Kong Legislative Council in June 2012, took effect on December 14, 2015). The Competition Commission has commenced full operations and is carrying out...
15.12.16
TSA Announces Another Rate Hike for February
Anticipating strong pre-Lunar New Year shipments from Asia to the U.S., container lines in the Transpacific Stabilization Agreement (TSA) are proposing rate increases of $100 per FEU for cargo from...
15.12.14
Asia-Red Sea Lines Set to Raise Rate in January
Following the Informal Red Sea Agreement (IRSA), the Informal Rate Agreement (IRA) and the Informal South Asia Agreement (ISAA) recently compiled plans for freight rate restorations that they will ...
15.12.14
IADA Unveils 2016 Rate Restoration Plan for Japan Cargo
The Intra-Asia Discussion Agreement (IADA) on Dec. 10 unveiled a business plan (a freight rate restoration plan) that it will carry out in 2016 for shipments to and from Japan. For one-year contrac...
15.12.10
Hanoi-Hai Phong Expressway Opens up Wholly for Drivers
Vietnam's Hanoi – Hai Phong Expressway has been officially opened all along the line. The 5.5 trillion VND (US$2 billion) project started in May 2008 under the built-operate-transfer (BOT) contract...
15.12.10
AADA Lines Unveil Business Plan for 2016
Member lines of the Asia - Australia Discussion Agreement (AADA) have agreed to adopt the following rate restoration guideline in 2016 as follows:- For annual contract: RR of US$500 per TEU and US$...
15.12.09
JFTC Predicts Japan’s Imports Increase in FY2016
Japan Foreign Trade Council, Inc. (JFTC) recently announced that it foresees the total value of exports from Japan (on a customs-cleared basis) will increase 2% from a year earlier to \77.387 trill...
15.12.08
NYK Unveils Report on Global Containership Market
Nippon Yusen Kaisha (NYK)’s Research Group on Dec. 4 unveiled the 2015 edition of its annual report on the global containership market. The shipping giant projects the ongoing widening of the gap b...
