News
10.02.15
Saudi Port Authority to Revise Penalties on Un-palletized Cargo
The Saudi Port Authority will revise the penalty for any inbound cargo at Riyadh Dry Port which is un-palletized, to SAR 350 (US$94.5) per TEU and SAR 750 (US$202.5) per FEU, effective March 8, 20...
10.02.12
IADA Announces Rate Recovery of Japan Reefer Cargo
The Intra-Asia Discussion Agreement (IADA) has recommended its members to apply revenue recovery of US$150 per TEU and $300 per FEU for reefer cargo to/from Japan, effective April 1, 2010. Its pre...
10.02.12
Box Terminals in South Korea Closed on Lunar New Year's Day
South Korea’s Ministry of Land, Transport and Maritime Affairs has announced that cargo handling during the Lunar New Year holidays from February 12 through 16 is maintained as usual for such majo...
10.02.10
Strong Demand Boosts Freight Levels from China
The China Containerized Freight Index released by the Shanghai Shipping Exchange on Friday rose 2.3 points from the previous week to 1,081.67 points, thanks to continuing strong export demands. Th...
10.02.09
Box Throughput at Chinese Ports Dips 8.2% in 2009
A total of 6.91 billion tons of cargoes were handled at ports in China in 2009, which represented an increase of 8.2 percent from the previous year. In breakdown, 4.73 billion tons were transport...
10.02.09
Box Traffic via Trans-Siberian Railroad Falls 56% in 2009
Containerized exports transported via the Trans-Siberian Railroad totaled 267,620 TEUs in 2009, down 56% from the previous year, according to a report from the Trans-Siberian Traffic Coordinating ...
10.02.08
Asia/Canada Lines Announces 2nd Stage Rate Hikes
Member lines of the Canada Transpacific Stabilization Agreement (CTSA) will raise Asia - Canada rates across the board by US$400 per FEU for Vancouver local and door cargo, and by US$500 per FEU f...
10.02.08
Japan/China Container Traffic Dips 7.8% in 2009
Container trade between Japan and China fell 7.8% year on year to 2,789,950 TEUs in 2009, of which outbound volume from Japan declined a slight 1.7% to 942,453 TEUs while inbound volume from China...
10.02.05
Transpacific Eastbound Boxes Improve Steadily
Container shipments from Asia's 18 countries and territories to the U.S. declined 4.1% on year in November 2009 to 985,000 TEUs, further shrinking the rate of decline to the lowest of the year tha...
10.02.04
Japanese Used Car Exports Halve in 2009
The number of used vehicles exported from Japan almost halved in 2009, totaling 675,858 units, down 49.8% compared with 1,347,026 units in 2008. The record plunge is attributable mainly to a sharp...
