News
15.03.03
IADA Lines to Raise Rates from Korea to Asia
The Intra-Asia Discussion Agreement (IADA) Korea Local Action Committee covering trades from Korea to all Intra-Asia has recommended its members to implement a rate restoration of $100 per TEU and...
15.03.02
TSA Lines Recommend April GRI of $600 per FEU
Container shipping lines carriers in the Transpacific Stabilization Agreement (TSA) have reaffirmed their March 9 general rate increase (GRI) of US$600 per 40-foot container (FEU) for all s...
15.03.02
U.K.'s New EORI System Goes Live
The U.K.'s HM Revenue and Customs (HMRC) has updated the links to the new online Economic Operator Registration Identification (EORI) application forms, according to the British International ...
15.02.27
South Korean Lines to Introduce Container Imbalance Charge
Members of the Korea Nearsea Freight Conference (KNFC) catering to the trade between South Korea and Japan will implement a Container Imbalance Charge (CIC), also known as Equipment Imbalance Surch...
15.02.27
IADA Recommends April Rate Hike of $100 per TEU
As a part of its 2015 Japan Business Plan announced in December 2014, the Intra-Asia Discussion Agreement (IADA) has recommended its members to implement a rate restoration of $100 per TEU for carg...
15.02.25
Japan's Containerized Used Car Export Grows 17.4% in 2014
In 2014, containerized exports of used cars surged 17.4% from a year before to 498,956 units, according to a report compiled by a Tokyo-based auto-related organization. The throughput of containeri...
15.02.25
Box Throughput from UA to Asia Dips 3.1% in 2014
Containers from the U.S. to 18 economies in Asia fell 3.1% from a year earlier to 6,658,906 TEUs last year, suffering the first year-on-year decline in five years, according to the Japan Maritime C...
15.02.24
Export Cargo from Japan to China Wanes 7% in 2014
Exports from Japan to China declined 7.3% year on year to 11,513,402 tons in 2014, according to a preliminary report unveiled on Feb. 19 by the Japan Maritime Center (JMC). In contrast, imports imp...
15.02.24
Asia to Europe Container Trade Sets Records in 2014
Container exports from Asia to Europe increased 8.6% year on year to 15,396,122 TEUs in 2014, according to a report released recently by the Japan Maritime Center (JMC). Thanks to the European econ...
15.02.23
PMA, ILWU Tentatively Agree on New 5-year Contract
The Pacific Maritime Association and the International Longshore and Warehouse Union have announced a tentative agreement on a new five-year contract covering workers at all 29 West Coast ports. Th...
