News
23.12.05
Indonesia to Implement More Strict Import Formalities
When Indonesia’s Minister of Trade Regulation No. 25 of 2022 is revised, import requirements will be enhanced, leading to more strict import formalities. The nation’s Ministry of Trade held an onli...
23.12.04
WCI Remains Stable in Week 48
The World Container Index (WCI) remained stable from the previous week at $1,382 per FEU in Week 48 this week, which has dropped 40% when compared with the same week of last year, according to Drew...
23.12.01
Japan’s Big 6 Ports Marked 1st YOY Throughput Increase in 6 Months
Japan’s six major ports handled 1.16 million TEUs of containers in September, which increased 1.7% from a year earlier, according to the Ministry of Land, Infrastructure, Transport and Tourism (MLI...
23.11.30
US to Take Actions to Enhance Supply Chains
The U.S. will take some 30 new actions to strengthen its supply chains, President Joe Biden announced on Monday, according to the Japan External Trade Organization (JETRO). The announcement was mad...
23.11.29
Asia-Europe Exports Increase in 2 Digits to All Destinations in Sept.
Container exports from Asia to Europe amounted to 1.43 million TEUs in September, according to the Japan Maritime Center (JMC), which has compiled statistics provided by Container Trades Statistics...
23.11.28
New UN Convention to Streamline Europe-Asia Rail Cargo Carriage
Cargo carriage by rail between Europe and Asia will be made easier, quicker and thus cheaper thanks to the adoption of a new United Nations (UN) convention unifying applicable legal rules. T...
23.11.27
Japan-US Exports Increase in Oct.; US-Japan Imports Decrease in Sept.
Japan’s container exports to the U.S. amounted to 54,409 TEUs in October (based on volumes at ports of origin), up 7.9% from a year earlier, according to Descartes Datamyne. From the previous month...
23.11.24
BIFA Welcomes CMA’s Recommendation to Have CBER Lapse
The British International Freight Association (BIFA) has welcomed the news that the U.K.’s Competition and Markets Authority (CMA) is recommending, provisionally, that the Consortia Block Exemption...
23.11.22
Ex-Busan Container Rate Index Goes Down
The KOBC Container Composite Index (KCCI) closed at 1,255 points on Monday, according to Korea Ocean Business Corp. (KOBC). The index fell 0.55% from the previous week and has stayed on the decline...
23.11.21
UK’s CMA Not to Recommend Retained CBER Replacement
The U.K.’s Competition and Markets Authority (CMA) no longer proposes to recommend a replacement of the retained Consortia Block Exemption Regulation (CBER). Its provisional view is that the retain...
