News
16.04.08
Box Traffic at India’s JNPT Remains Flat in 2015
Jawaharlal Nehru Port (JNPT) handled 4,491,514 TEUs during the fiscal year of 2015-16. The figure represents a slight 0.6% over the previous year. Out of the total traffic, the share of JNPCT was 1...
16.04.08
IRA Announces $100 per TEU Rate Hike
As a part of their already published 2016 Business Plan, member lines of the Informal Rate Agreement (IRA) reaffirmed their rate restoration plan of US$100 per TEU, effective May 1, 2016. The recom...
16.04.07
Intra-Asia Box Volumes Dip 1% in February
The combined volume of containerized shipments that major shipping companies transported in February among 13 countries and regions in Asia decreased 1% from the corresponding month of 2015 to 1.09...
16.04.06
Korea-China Car Ferry Box Volumes Slow down in 2015
Containerized shipments moved in 2015 by car ferry services between South Korea and China increased 3.4% year on year to 558,195 TEUs, according to a report compiled by an association for car ferry...
16.04.06
Zhejiang Province Implements Emission Control
Effective on April 1, 2016, China's Zhejiang Province requires cargo vessels berthing at ports in the emissions control area to use fuel with sulfur content no more than 0.5%m/m. The relevant ports...
16.04.05
India Launches Customs Single Window
India's Central Board of Excise and Customs (CBEC) has developed the ''Integrated Declaration'' under which all information required for import clearance by the concerned government agencies has be...
16.04.04
Korea-China Car Ferry Box Volumes Slow down in 2015
Containerized shipments moved in 2015 by car ferry services between South Korea and China increased 3.4% year on year to 558,195 TEUs, according to a report compiled by an association for car ferry...
16.04.01
Philippines Implements Advance Manifest Rules
The Philippines' Bureau of Customs has issued Customs Administrative Order requiring all shipping lines and agents, non – vessel - operating common carriers (NVOCCs), and freight forwarders includi...
16.03.31
Asia-Pacific Nations Agree on Paperless Trade Facilitation
An unprecedented regional treaty that will cut trade time and costs in the Asia-Pacific region was finalized at a United Nations led forum in Bangkok last week. The agreement, drafted by working gr...
16.03.31
Economic Slump in Brazil Keeps Box Throughput Declining
Brazilian ports handled a combined total of 9.135 million TEUs in 2015, representing a 1.9% decline compared to 9.316 million TEUs registered in 2014, according to the Special Secretariat of Ports ...
