News
15.12.24
Shenzhen Ports to Levy Port Dues from 2016
China's Shenzhen container terminals including Yantian, Shekou, Chiwan and Da Chan Bay are set to levy port dues on import and export goods and cargo containers, effective January 1, 2016. The char...
15.12.22
IADA Unveils Business Plan for H1 2016
The Intra-Asia Discussion Agreement (IADA) has recommended its members the business plan for the first half of 2016 for cargo to/from the Far East excluding Japan. The recommended rate restoration ...
15.12.21
Intra-Asia Box Traffic up Slightly by 0.4% in October
Major shipping companies moved a total of 1.257 million TEUs of containers among 13 countries and regions in Asia in October, growing a minute 0.4% from a year earlier and enjoying a year-on-year i...
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...
