News
16.03.28
Think Tank Predicts Flat Growth in Japan’s FY2016 Ocean Box Traffic
Nittsu Research Institute and Consulting, Inc. (NRIC) has unveiled a revision of its projections for the Japanese economy and cargo transport in fiscal 2016 (April 2016-Marh 2017). The think tank h...
16.03.25
India Eases Cabotage Restrictions for Container Transhipment Ports
India's Ministry of Shipping has relaxed cabotage restrictions for ports which tranship at least 50% of the container handled by them. The measure will enable shipping lines to consolidate Indian i...
16.03.24
Japan-China Box Traffic Wanes in Both Ways in January
The Japan Maritime Center (JMC) has unveiled that container exports from Japan to China plunged 17.3% year on year in terms of volume to 745,362 tons and 22.8% in terms of value to \429.9 billion i...
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 ...
