News
13.05.13
TSA Recommends Spot Rate Hikes on May 21
Member carriers of the Transpacific Stabilization Agreement (TSA) recently agreed on a guideline for raising freight rates for services bound for the U.S. West Coast by US$400 per FEU and for other...
13.05.13
Global Export Container Traffic Falls 1.67% in March
Global economic prospects fell below expectations in March, signaling that the economic recovery, particularly in the Eurozone, remains bumpy and continues to be afflicted by complicated policymaki...
13.05.08
Hong Kong Dockworkers End 40-Day Strike
About 500 dockworkers in Hong Kong ended a 40-day strike on Monday, as they accepted a proposal by four contractors operating at Hongkong International Terminals to raise wages by 9.8%. The dockwor...
13.05.07
FE-Middle East, Red Sea Lines Move up Rate Restoration Schedules
Informal Rage Agreement (IRA) and Informal Red Sea Agreement lines, which cover trades from the Far East to the Middle East and Red Sea have announced they will accelerate their proposed rate resto...
13.05.02
China Export Container Transport Market Remains in Doldrums
China's export trades were in general in the doldrums last week. On April 26, the China Containerized Freight Index (CCFI) issued by Shanghai Shipping Exchange (SSE), the representation of the whol...
13.04.30
China Customs to Upgrade Pilot Paperless Clearance Scheme
The General Administration of Customs of China (GACC) will expand its paperless customs clearance pilot program to all China's customs districts from May 2013, in a bid to facilitate customs cleara...
13.04.30
Port of Kobe Sees Ocean Containers Dip by 1.3% in 2012
The Port of Kobe handled a total of 2,567,540 TEUs of containerized shipments in 2012, decreasing 2.2% from a year earlier. The port suffered the first year-on-year decline in container throughput ...
13.04.26
Japan to China Box Volume Plunges 14.7% in February
Japan exported 961,505 tons of containerized shipments to China in February 2013, suffering a double-digit decline of 14.7% year on year from 1,266,632 tons, according to the Japan Maritime Center ...
13.04.26
Asia/Europe Box Traffic Grows Slightly in February
Outbound container movement from Asia to Europe amounted to 915,000 TEUs in February 2013, according to the Japan Maritime Center (JMC). It managed to make a year-on-year improvement for two months...
13.04.24
March Box Throughput at Busan Sets All-time High
South Korea’s Port of Busan handled 1.556 million TEUs of containerized shipments in March 2013, according to the Busan Port Authority (BPA). Growing 4.2% from a year earlier, the throughput was a ...
