News
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...
11.11.10
Transpacific Revenue Index on Downward Trend
The Transpacific Revenue Index for maritime carriers providing services destined to the west coast of North America was 81.27 points in September 2011, down 0.24 points from the previous month’s 8...
11.11.09
Intra-Asia Container Traffic Grew Favorably in September
Total volume of containerized shipments handled by major shipping companies among 12 Asian countries and regions rose 9.5% year on year to 1.209 million TEUs thanks to briskness in those to and fr...
11.11.08
China's Export Container Market Keeps Declining
China export container market generally kept slide in the week to November 4. Rates for most major trades excluding the Australia service continued to plunge.The China Containerized Freight Index...