News
13.09.05
Busan Transhipment Boxes Total 5 Mln TEUs in Jan-July
The Port of Busan in South Korea handled a total of 10,316,793 TEUs of containerized shipments in the first seven months (January-July) of 2013, increasing 3% year on year, according to the Busan P...
13.09.04
ILWU Set to Sever Formal Ties with AFL-CIO
The International Longshore and Warehouse Union (ILWU), the dockworkers' union on the West Coast of North America, has decided to cut formal ties with the American Federation of Labor and Congress ...
13.09.03
NACCS Signs Service Provider Pact with Malaysian Provider
Nippon Automated Cargo and Port Consolidated System a.k.a NACCS concluded service provider agreement with Malaysia's Dagang Net Technologies Sdn Bhd on August 29, 2013 to enable shipping lines and ...
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 ...
