News
14.06.03
Korean Seaports Handle 3.6% More Boxes in April
Container traffic into or out of South Korea's seaports rose 3.6% on year to 2.09 million TEUs. The port of Busan handled 1.58 million TEUs, up 2% from the same month in 2013, followed Gwangyang po...
14.06.02
China Advance Manifest Rule to go into full operation from June 28
With effect from June 28, 2014, China Customs will shift its 24-hour Advance Manifest regime to full-fledged operation for all vessels calling Chinese ports, excluding Hong Kong and Macau, accordin...
14.05.30
Japanese Firms in Thailand Predict Economic Downturn Due to Political Unrest
A recent survey indicated that more Japanese enterprises now anticipate a downturn in the domestic economy in Thailand in 2014. At a time when antigovernment protests have been made for a while now...
14.05.29
China Set to Enforce ''24-hour Advanced Manifest'' in end-June
The new regulation for China Customs Advance Manifest (CCAM) Regulation (China's ''24-hour Advanced Manifest'') will be enforced from June 30, 2014 and in strict implementation no later than Septem...
14.05.28
IADA Recommends July Rate Restoration
As a part of their 2014 Japan Business Plan announced November 27, 2013, the Intra-Asia Discussion Agreement (IADA) has recommended a rate restoration of US$50 per TEU for cargo to/from Japan. The ...
14.05.27
EU, China Sign Landmark Mutual Recognition Agreement
The European Union (EU) and Chinese trusted traders will enjoy lower costs, simplified procedures and greater predictability in their activities, thanks to a mutual recognition agreement signed rec...
14.05.26
China-wide Box Throughput Rises 5.3% in April
Container throughput at Chinese ports posted a 5.3% year-on-year increase to 16.754 million TEUs in April, but dipped 1.1% from the previous month. Containers handled at seaports amounted to 15.115...
14.05.26
Korea-China MRA Realizes Faster Customs Clearance
Shipments exported from South Korea to China handled by South Korean Authorized Economic Operators (AEOs) have been clearing customs in China much faster—by as much as 62%—since the mutual recognit...
14.05.23
Japan's Outbound Boxes to China Plunge 10.5% in March
Containerized exports from Japan to China suffered a double-digit decline in March 2014, falling 10.5% year on year to 1,067,604 tons, according to the Japan Maritime Center (JMC). In contrast, imp...
14.05.22
Ex-Asia Containers up 20.5% to U.S., 13.7% to Europe in March
Eastbound container trade from Asia to the U.S. rebounded from a year earlier in March 2014, surging 20.5% to 1,051,313 TEUs, according to a report released by the Japan Maritime Center (JMC). The ...
