News
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 ...
14.05.21
China-Hong Kong Customs Mutual Recognition in Force
The Mutual Recognition Arrangement (MRA) agreement between Mainland China and Hong Kong on their Authorized Economic Operators (AEO) programs for road cargo took effect on May 18, 2014. The Hon...
14.05.19
Box Traffic at Hong Kong Grows for 3rd Straight Month
Container throughput at the port of Hong Kong stood at 1.961 million TEUs in April, achieving a positive growth for the three consecutive months. The figure represents a 10.3% increase compared to ...
14.05.19
IRSA Unveils June Rate Restoration of $300 per TEU
The Informal Red Sea Agreement (IRSA), which covers the trade between East and Southeast Asia and the Red Sea countries, has recommended a rate restoration of US$300 per TEU, effective June 1, 2014...
14.05.16
Law for Cross-border Road Carriage Enacted in Thailand
The Thai government has enacted the International Roads Transport Act with an aim to facilitate international cross-border road carriage under the Convention on the Contract for the International C...
14.05.14
ILWU, PMA Urged to Agree on New Contract without Strike
In the runup to the labor contract negotiations between the International Longshore (ILWU) and Warehouse Union and the Pacific Maritime Association (PMA), a coalition of 67 groups representing expo...
14.05.14
Box Traffic at Shanghai Tops 3 Million TEU Mark in April
Container throughput at Shanghai port increased 6.9% year on year to 3.02 million TEUs in April, hitting a 3-million-TEU mark for the first time this year, according to figures recently released by...