News
10.07.22
Pipeline Explosion in Dalian Port Affecting Cargo Operation
China's Dalian Port (PDA) Co. which operates oil and container terminals at northeast China’s Dalian port has announced on Monday that all terminals at Xingang area and Dayaowan area have resumed ...
10.07.21
Huangpu Old Port Witnesses Serious Congestion
Huangpu's Old Port Big Terminal has been seriously congested since early July, according to carrier sources. This has largely been caused by an influx of cargo through the Huangpu gateway before t...
10.07.20
Japan-Middle East Lines Eye Rate Hikes in August Again
The Informal Rate Agreement (IRA) plans a rate restoration of US$150 per TEU and $300 per FEU for shipments from Japan to the Middle East, effective August 1, 2010. The IRA is a group of container...
10.07.16
Box Traffic in China Sets Records in First Half of 2010
Containerized shipments handled at ports in China during the first half of 2010 (January-June) reached an all-time high of 68,701,800 TEUs, according to statistics compiled by the Ministry of Tran...
10.07.15
Container Backlogs in Vietnamese Port Expected to Improve
The Vietnamese government has postponed the implementation of the Decree No. 34/2010/ND-CP by 12 months, which will require drivers of container trucks to obtain a FC driving license. The decree ...
10.07.14
Japan-Oceania Carriers Announce Additional Rate Hikes
Australian And New Zealand/Eastern Shipping Conference (ANZESC) lines have announced a series of supplemental rate restorations on top of the prevailing market rates as follows: From Japan to Aust...
10.07.13
Asia to US Containers Expand 13.1% in April
Eastbound containers from Asia's 18 countries and territories to the U.S. rose 13.1% from a year earlier to 998,000 TEUs in April 2010 marking a year-on-year increase for the fifth straight month,...
10.07.13
Industry Sink Tank Predicts 12% Increase in Japan’s Box Traffic in FY2010
Nittsu Research Institute and Consulting, Inc. (NRIC) recently has unveiled its projection for cargo transport in fiscal 2010 (April 2010-March 2011). As for international cargoes, the Tokyo-base...
10.07.12
Asia-Europe Westbound Box Traffic Surges 21% in May
Westbound container movement from Asia to Europe surged 20.88% from a year before to 1,127,300 TEUs in May, enjoying a double-digit year-on-year increase for the fourth straight month, but eastbou...
10.07.12
EU Set to Simplify Port Reporting Formalities
Ships entering and departing from EU ports will no longer be subject to complex, repetitive administrative formalities thanks to a new directive approved by Parliament on July 6. All member states...
