News
16.12.02
Maersk Line to Acquire Hamburg Sud
Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Sud, the German container shipping line. The acquisition is subject to final agreement and regulatory a...
16.12.02
WTO’s FTA Now in Final Countdown
Dominica and Mongolia have ratified the World Trade Organization’s Trade Facilitation Agreement (TFA), putting the total number of ratifications from members at 100. With just 10 more ratifications...
16.12.01
Containers from U.S. to Asia Grow 7.3% in September
The Japan Maritime Center (JMC) recently unveiled that in September, 533,000 TEUs of containers were imported from the U.S. to 18 countries and regions in Asia, which increased 7.3% from a year ear...
16.12.01
1,919 Japanese Firms have 5,931 Bases in NAFTA Economies
A total of 1,919 Japanese enterprises operate 5,931 business footholds in the three economies that have signed the North American Free Trade Agreement (NAFTA), according to a survey conducted by To...
16.11.29
All Hanjin Shipping Vessels Complete Unloading
South Korea's Ministry of Oceans and Fisheries has announced that all Hanjin Shipping vessels (97 container ships and 44 bulk carriers) that had loaded cargo at the time of the company's rehabilita...
16.11.28
Westbound-TSA Lines Unveil GRI for Dry Cargo
Member container lines in the Westbound Transpacific Stabilization Agreement (TSA) have agreed on the need for an across-the-board increase in dry cargo rates, effective January 15, 2015 in a bid t...
16.11.28
T/S Containers Fall 6.5% at Busan in October
Trade ports in South Korea processed a total of 2.208 million TEUs of containers in October, which only improved 1.4% from a year earlier, according to a preliminary report released by the nation’s...
16.11.25
Korea Line to Acquire Hanjin Assets for $31.45 Mln
South Korea's bulk carrier Korea Line Corp., owned by Samra Midas (SM) Group., has signed a 37 billion won ($31.45 million) deal to acquire some assets of the now-defunct Hanjin Shipping Co. , incl...
16.11.25
Japan-West Africa Lines Unveil 2017 Business Plan
The Asia West Africa Trade Agreement (AWATA) has recommended its members, on a voluntary, non-biding basis, to implement rate restoration for cargo from Japan to ports in West Africa, effective Jan...
16.11.24
TSA Revenue Index Keeps Climbing
The Transpacific Stabilization Agreement (TSA) has announced the TSA Revenue Index, which sets 2008 as its baseline with a value of 100 points, for the month of September, 2016. The index for servi...
