News

 

11.06.10

Asia to Europe Container Traffic Climbs 4% in April

The volume of containerized shipments transported westbound from Asia to Europe grew in April 2011, according to a report on container traffic to and from Europe. They increased 3.87% from a year ...

11.06.09

Congestion at Mombasa Now Averaging 7-9 Days

Congestion at Mombasa, Kenya’s gateway port, is deteriorating due to ineffective cargo handling at the dock as the Kenya Port Authority (KPA) decided to disemploy crane drivers and other supportin...

11.06.06

EU's 24-Hour Rule to Go Full Swing in July

The EU Commission has decided that all EU countries must terminate their individual grace period for transmission of Entry Summary Declaration (ENS) on June 30, 2011 at the latest. Therefore, it...

11.06.03

Intra-Asia Container Traffic Grows 6% in 1Q

Container trade among 12 Asian economies was brisk in April 2011, led by shipments to and from China and Southeast Asia. The overall volume of containers that major shipping companies moved in the...

11.06.02

Intra-Asia Lines to Implement Ad-Hoc Rate Increase in July

Intra-Asia Discussion Agreement (IADA) lines announced Tuesday that they will implement ad-hoc rate restoration on a voluntary, non-biding basis. Under the plan, the freight rate of shipments mo...

11.06.01

Revised Vietnamese Traffic Decree Metes out Heavier Fines

Effective July 1, 2011, the Vietnamese government will raise fine levels for vehicle drivers who failed to meet safety regulations. Under the revised decree of 33/2011/ND-CP, fines of VND 2-3 mill...

11.05.31

Philippines Set to Go Electronic on Auto Imports Certificate

Effective June 6, 2011, Philippines' Bureau of Customs (BoC) will require car manufacturers registered with the Board of Investment's Motor Vehicle Development Program (MVDP) to implement the elec...

11.05.27

Yellow Sea Container Traffic Grows 11% in 1st Quarter

The South Korea/China trade saw a double-digit increase in container movement in the first quarter (January-March) of 2011, according to the Yellow Sea Liner Committee (YSLC). A total of 601,0...

11.05.25

Japan, South Korea Agree on AEO Mutual Recognition

Customs authorities of Japan and South Korea signed an arrangement on mutual recognition of the Authorized Economic Operator (AEO) system. Under the pact, customs authorities of the two countrie...

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