News
15.02.18
NACCS Center to Sell 49% of Its Shares to Be Privatized
Nippon Automated Cargo and Port Consolidated System, Inc. (NACCS Center) will become a private enterprise. To this end, the special public corporation will sell stocks to logistics service provider...
15.02.18
China Unveils 2014 Top 20 Container Ports
The China Ports and Harbors Association (China Ports) has recently unveiled a list of 2014’s top 20 domestic container ports. The lineup of the eight busiest ports remained unchanged from a year ea...
15.02.18
Intra-Asia Container Traffic Down 1.9% in 2014
In 2014, major shipping companies moved a total of 14.43 million TEUs of containers among Japan and 12 other Asian economies, growing 1.9% year on year from 14.157 million TEUs. Accounting for 94.8...
15.02.18
TSA Lines Recommend Another Rate Increases in March
Shipping lines in the Transpacific Stabilization Agreement (TSA) are recommending another rate increases of $100 per FEU for cargo moving from Asia to U.S. West Coast ports and $150 per FEU for car...
15.02.17
Japan, Malaysia Sign AEO Mutual Recognition Arrangement
Customs authorities of Japan and Malaysia agreed last week a Mutual Recognition Arrangement (MRA) on the Authorized Economic Operators (AEO) programs. The implementation of the MRA programs will co...
15.02.17
TSA Revenue Index Improves Significantly in December
The TSA Revenue Index for eastbound transpacific services substantially improved on both U.S. West Coast and East Coast trades in December 2014. The index for cargo moving from Asia to the West Coa...
15.02.13
PMA to Suspend Vessel Operations on Four Dates
The Pacific Maritime Association (PMC), an employer association on U.S. West Coast ports, announced on Wednesday that in light of ongoing slowdowns by the International Longshore and Warehouse Unio...
15.02.13
2014 World's Container Traffic Grows 2.84 %
The world's container volumes fell 2.84% year on year in December 2014 to 11.406 million TEUs, representing a decline for three consecutive months, according to Container Trades Statistics. In the ...
15.02.12
Shanghai Leads World's Box Port Rankings for 5th Straight Year
A list of the world's 10 busiest container ports in 2014 has been recently unveiled. The Port of Shanghai handled 35.258 million TEUs, which went up 5% from a year earlier. The Chinese port was the...
15.02.10
China Eyes Optimized Customs-clearance Procedures by 2020
China’s State Council recently announced the nation will develop an electronic customs system—under which inland, coastal and border municipalities will cooperate with each other—to improve the eff...