News

 

11.11.28

Korea Customs to Introduce AMS As Scheduled

The Korea Customs Service (KCS) is introducing an Advance Manifest System (AMS) on December 2011 as scheduled in accordance with World Customs Organization (WCO) standards as well as fulfill its o...

11.11.25

MOF Set to Present Bill for Japanese Version 24-Hour Rule

The Japanese Ministry of Finance (MOF) recently has worked out a daft for having a system similar to the U.S.’s 24-Hour Rule implemented in Japan as part of a reform of the customs law for fiscal ...

11.11.25

WTSA Lines Announce Reefer Rate Increase

Westbound Transpacific Stabilization Agreement (WTSA) lines have announced they will increase on a voluntary basis their rates on reefer cargo by $300 per FEU, effective January 1, 2012. The rate ...

11.11.23

NYK Report Predicts Overtonnage in Container Trades

Global container throughput is projected to increase 7.2% year on year to 163 million TEUs in 2011, according to an annual report on the containership market released on Nov. 21, 2011 by Nippon Yu...

11.11.18

TSA Carriers Announce $400/FEU Rate Increase from Jan 1

The Transpacific Stabilization Agreement (TSA) has announced their plan to individually raise all-in freight rates and charges by a minimum of US$400 per FEU effective January 1, 2012. ''Rate le...

11.11.18

ANZESC Lines Unveil Japan/Australia Rate Hikes for 2011

The Australian and New Zealand / Eastern Shipping Conference (ANZESC) announced Monday a business plan for 2012 for shipments from Japan to Australia. Under the plan, a rate restoration of US$40...

11.11.18

Hong Kong Customs Fully Implements Road Cargo System

Hong Kong's Customs and Excise Department (C&ED) officially implemented the Road Cargo System (ROCARS) for all imports and exports of road cargo on November 17, 2011. ROCARS is an infrastr...

11.11.14

Asia to Europe Container Traffic Remains Flat in September

Container volume transported westbound from Asia to Europe in September 2011 was 1,120,500 TEUs, increasing a minute 0.2% year on year, according to Container Trades Statistics Ltd. (CTS) of the...

11.11.14

Finance Ministry Unveils Draft for Japan’s ‘24-Hour Rule’

The Customs and Tariff Bureau (CTB) of Japan’s Ministry of Finance (MOF) recently has unveiled a proposal for introducing a system under which detailed information on seaborne import container...

11.11.11

Container Terminal Schedule in US Ports for Veteran's Day

Due to the upcoming Veteran's Day Holiday, the following marine container terminals in the U.S. ports will be closed: Los Angeles: YTI/LAS Long Beach: LBCTI New York: Global/NYCT/PNCT Baltimore...

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