News
13.09.02
South Korean Line to Launch Arctic Sea Route Test Run
South Korea's Hyundai Glovis, the logistics unit of Hyundai Motors, is set to embark on cargo transportation via the Arctic sea route for the first time as a Korean undertaking. The first experimen...
13.09.02
Box Traffic at South Korean Ports Rises 3.2% in July
Cargo traffic at South Korea's seaports totaled 111.09 million tons in July, sown 2.8% compared with 114.33 million tons recorded in the same month last year. Container volumes in the country rose ...
13.08.30
TSA Lines Set to Raise Minimum $100/FEU on Westbound Leg
Transpacific container lines have announced they intend to pursue revenue improvement to restore rate levels which have dwindled during the slack period in the summer. Transpacific Stabilization Ag...
13.08.30
Carriers in Asia to Central and South America Trade Focus on Rate Hikes in Sept
Waning traffic on the container trade from Asia to Central and South America under the downward economic pressure in Brazil and other contiguous economies has prompted shipping lines on the trade t...
13.08.28
Japan's Box Traffic Continues to Grow Slowly
Total container throughput at 93 Japanese ports designated by the Port Transport Business Act amounted to 1,442 million TEUs in June, representing a slight increase of 0.5% over the same month last...
13.08.27
China's State Council Gives Nod to Proposed Shanghai Pilot Free Trade Zone
China's Ministry of Commerce has announced China's State Council officially approved the establishment of China (Shanghai) Free Trade Test Area covering a total area of 28.78 square kilometers, inc...
13.08.23
US Shippers Body Seeks Clarification on China's New Tax
In response to confusion over the scope and application of a new business value-added tax (VAT) enacted by China, the U.S.'s National Industrial Transportation League (NITL) has recently requested ...
13.08.21
Suez Canal Authority Guarantees Safety in Canal Transit
The Suez Canal Authority (SCA) has denied reports that maritime traffic would be suspended and ensured full security to ships transiting the canal. In order to respond to the concerns of the global...
13.08.21
NEAL-NET Technical Meeting Agrees to Expand Monitoring Ports
The 9th Technical Meeting of Northeast Asia Logistics Information Service Network (NEAL-NET) was held in Seoul Korea, from August 12 to 14, 2013 with more than 30 experts and technicians from Japan...
13.08.20
Japan-China Trade Falls 11% in Fist Half
Trade between Japan and China in January-June amounted to 147.27 billion dollars, down 10.8 % from the same period last year and the lowest in four years, according to data recently unveiled by the...