News
15.11.24
Australia's Box Volumes Rise 2.8% in 2014/2015
In the 2014/2015 financial year (July 2014-June 2015), total throughput at five major Australian container ports was 7.1 million TEUs, up 2.8% from the previous financial year. Total throughput vol...
15.11.20
Box Traffic Growth at Major Asian Ports Loses Momentum
Container throughput at Asia’s major port lost momentum amid slowing growth in global trade. The Port of Shanghai handled 3.041 million TEUs of containers in October, which grew a minute 0.7% year ...
15.11.19
Japan to China Box Trade Sees 7.1% Decline in Sept
Container exports from Japan to China decreased 7.1% from a year earlier to 803,022 tons in September, suffering a year-on-year decline for the third consecutive month, according to a report unveil...
15.11.19
Vietnam Bans Import of Used IT Products
Under the recent Circular No 31/2015/TT-BTTTT issued by Vietnam's Ministry of Information and Communications, the import of used information technology (IT) products will be prohibited from Decembe...
15.11.18
India Levies Clean Tax for Services from Nov 15
The government of India is implementing a Swachh Bharat cess (Clean India Tax) of 0.5% on all taxable services from November 15, 2015 with an aim to fund the nation-wide cleanliness improvement dri...
15.11.17
China Merchants, Sinotrans & CSC in Merger Talks
China Merchants Group and Sinotrans & CSC Holdings are preparing for a possible merger deal as part of the government's strategic reorganization of state-run enterprises. Hong Kong-listed Sinotrans...
15.11.16
US Retail Imports Expected to Surge in Early 2016
Import cargo volume at the U.S.'s major retail container ports is expected to increase 8.3 percent in November over the same time last year as consumers begin their holiday shopping, according to t...
15.11.13
IRA Recommends $100/TEU Rate Hike from Dec 1
The Informal Rate Agreement has recommended its members a rate restoration of $100 per TEU for cargo moving from Asia excluding Japan to the Middle East, effective December 1, 2015. The increase fo...
15.11.13
IADA Unveils Business Plan for 2015
The Intra-Asia Discussion Agreement (IADA) adopted a rate restoration program for 2016 on Wednesday. The carrier group has recommended quarterly rate restorations in 2016, each by US$50 per TEU and...
15.11.12
India’s Box Volumes Grow 1.9% in Apr-Oct Period
India’s 12 state-run ports handled a total of 4.761 million TEUs of containers from April to October, which grew 1.9% from the corresponding seven months of 2014, according to an announcement recen...
