News
10.02.22
FMC Decides to Exempt NVOCCs from Tariff Publishing Requirement
The U.S. Federal Maritime Commission (FMC) voted Thursday to initiate a rulemaking that would relieve non-vessel-operating common carriers (NVOCCs) from the costs and burdens of publishing in tari...
10.02.19
Japan-China Trade in 2009 Slumps for the First Time in 11
According to a report released recently by the Japan External Trade Organization (JETRO), Japan's total trade with China (imports and exports combined) fell 12.8% year-on-year to US$232.2 billion ...
10.02.19
Workshop Recommends Arab Countries to Sign Rotterdam Rules
A two days workshop hosted by the Arab Academy for Science, Technology and Maritime Transport in Alexandria, Egypt for more than two hundred government and industry delegates and experts adopted a...
10.02.17
New Road Cargo System to Be Implemented in Shenzhen
Hong Kong Customs is introducing a new Road Cargo System (ROCARS) in Shenzhen in March with 18 months of the transitional period before full implementation. The major functions of the ROCARS are t...
10.02.16
Carriers to Introduce New China 24-hour Rule Charge
Orient Overseas Container Line (OOCL) has announced it will apply an Advance Manifesting Surcharge of EUR20 or GBP20 per B/L for all shipments from the U.K, and Ireland to or via China, effective ...
10.02.16
Asia to Europe Box Traffic Shows Steady Growth in December
Container volume moving between Asia and Europe and the Mediterranean achieved the largest monthly volumes of the year on both eastbound and westbound legs in December. On the westbound trade from...
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...
