News
13.07.16
China Set to Levy VAT on Transportation Service
China's Ministry of Finance and State Administration of Taxation recently has issued an official document, announcing the implementation of a pilot program levying a Value Added Tax (VAT) of 6% on ...
13.07.16
Hong Kong Introduces New Air Cargo Regulated Agent Regime
Hong Kong's Civil Aviation Department (CAD) has announced that enhancements will be made to their air cargo security regulated agent regime (RAR) effective July 15, 2013, in accordance with securit...
13.07.12
US, ROK Ink MOU on Supply Chain Security
US, ROK Ink MOU on Supply Chain Security U.S. Homeland Security Secretary Janet Napolitano had been in Seoul, Republic of Korea to meet with senior Korean officials to discuss global supply chain s...
13.07.11
CTS's May Data Shows Recovery in Container Volume
Global trades have continued to grow in May raising hopes that a sustainable containerized volume recovery could finally drag the industry out of the current downturn, according to statistics from ...
13.07.10
Box Traffic at Shanghai Almost Flat at 2.77 Million TEUs in June
Container volumes handled at Shanghai Port totaled 2.77 million TEUs in June, almost flat compared with the same month in 2012 but down 5.7% from 2.94 million TEUs registered in the previous month....
13.07.09
Intra-Asia Container Trade Rises 6% in May
A total of 1.254 million TEUs of containerized shipments were carried among 12 Asian economies in May 2013, increasing 6% from a year earlier. From Japan, 173,000 TEUs were exported, surging 15%, w...
13.07.05
United States Ready to Ratify Rotterdam Rules
The Rotterdam Rules seem to have now cleared a significant hurdle on their way to the formal international rules on maritime carriage of goods. The United States State Department has completed its ...
13.07.04
TSA Set to Introduce PSS from Asia to US Effective Aug 1
The Transpacific Stabilization Agreement (TSA) have unveiled a guideline peak season surcharge (PSS) of US$400 per 40-foot container from Asia to all U.S. destinations, effective August 1.
13.07.03
Box Throughput in Japan Hits Record 21.39 Million TEUs in 2012
Ports in Japan handled an all-time high of 21.39 million TEUs of containerized shipments in total in 2012 (January-December), increasing 1.2% year on year, according to a recent preliminary report....
13.07.02
China and Korea Agree on AEO Mutual Recognition
Customs authorities of South Korea and China agreed last week on a mutual recognition of their programs identifying secure operators. The Korea Customs Service implemented a full-fledged AEO progra...
