News
10.10.05
Pudong Airport Bonded Area Officially Operational
Shanghai Pudong Airport Comprehensive Bonded Area officially started business operation on September 28. The facility in the west of the Pudong Airport covers an area of 3.59 sq km, which should p...
10.10.04
UK Plans to Implement 24-Hour Rules Ahead of Schedule
The British International Freight Association (BIFA) has announced the UK has set a target date of November 2, 2010 to introduce an operational Import Control System (ICS) system, the EU version o...
10.09.30
Think-tank Predicts 9.9% Gain in Japan’s Box Traffic for FY2010
Nittsu Research Institute and Consulting Inc. (NRIC) has revised its economic and cargo transport projections for fiscal 2010 (from April 2010 to March 2011). In respect to international cargo tra...
10.09.28
FMC Set to Look into Impact of EU's Block Exemption Repeal
The U.S. Federal Maritime Commission (FMC) will study the impact of the European Union's October, 2008, repeal of its liner conference block exemption. It will include analysis of changes in carri...
10.09.21
IRA Lines to Raise Japan-Middle East Rates on Oct.1
Informal Rate Agreement (IRA) lines have announced that freight rates on shipments moving from Japan to the Middle East will be raised by $250 per TEU and $500 per FEC, effective October 1, 2010, ...
10.09.21
China Unveils NVOCC Tariff Filing Rules
China's Ministry of Transport has announced implementing rules under the Regulations of the People's Republic of China on International Maritime Transportation, which will require non-vessel-opera...
10.09.17
Intra-Asia Container Traffic Loses Steam in July
Container volumes between 12 Asian countries and territories (Japan, Hong Kong, Taiwan, Philippines, Cambodia, Vietnam, Thailand, Malaysia, Singapore, Indonesia, China and South Korea) totaled 1.0...
10.09.17
Shanghai Tops Singapore As World's Busiest Box Port
In August, Shanghai became the busiest container port in the world. Containerized shipments handled at the Chinese port during the first eight months of 2010 were also greater in volume than thos...
10.09.15
Box Traffic in Chinese Ports Grows at Pace Far Exceeding Pre-Lehman Level
In August 2010, a total of 13.1295 million TEUs of containers were handled in Chinese ports, up 20.6% from a year earlier, according to an announcement made by the Ministry of Transport. In break...
