News
15.06.09
Carriers Announce West Coast South America Rate Hike
Asia-West Coast South America Agreement (AWCSA) lines have announced a rate restoration of USD750 per TEU, effective July 3, 2015. The increase is applicable to the trades from Japan to West Coast ...
15.06.08
April Intra-Asia Box Traffic Remains Mostly Level
Container movement on the intra-Asia trade increased a minute 0.2% year on year to 1.249 million TEUs in April. Exports from Japan to 12 other economies in the region were favorable, growing 3.7% t...
15.06.04
Transhipment Volume in Korea Grows 5.7% in April
Trade ports in South Korea handled a total of 2.114 million TEUs of containers in April, growing 2.7% year on year, according to a report compiled by the nation’s Ministry of Oceans and Fisheries. ...
15.06.03
Asia-US Container Volumes Set New Record for April
Container exports from 18 Asian countries and regions to the U.S. totaled 1,247,027 TEUs in April, enjoying a year-on-year increase for two back-to-back months, according to a report released by th...
15.06.01
Thailand and Cambodia Seek to Boost Cross-border Traffic
Thailand and Cambodia are set to start discussions on June 5 to ease limits on trucks and buses crossing the border to help promote tourist and boost cargo volumes moving between the two countries....
15.05.29
Exports of Fishery Products up 5% in Value in FY2014
Prime Minister Shinzo Abe’s Cabinet has recently approved an annual white paper on fisheries for fiscal 2014 (April 2014-March 2015). According to the Fishery Basic Act, the government every year c...
15.05.28
Single Stop Inspection Eyed on East-West Economic Corridor
At their 3rd Vice Foreign Ministers' on East-West Economic Corridor Development held last week in Bangkok, representatives from Laos, Myanmar, Thailand and Vietnam agreed to launch a single-stop cu...
15.05.28
China Set to Crack down on THC, Other Surcharges
According to the Regulations of People’s Republic of China on International Maritime Transportation and the Implementing Rules of the International Container Liner Precise Freight Filing, China's M...
15.05.26
Spot Rates Plunge on Shanghai to Europe Trade
The Shanghai Shipping Exchange announced Friday that the Shanghai Containerized Freight Index (SCFI) dropped 10.8% from the previous week to 676.05 in the week ended on May 22, and the spot rates f...
15.05.26
US West Coast Dockworkers, Employers Ratify New Contract
Dockworkers and maritime employers on the U.S. West Coast gave last week overwhelming approval to the new five-year contract which was agreed tentatively by their representatives in February 2015. ...
