International Shipping News

International Shipping News

Ocean Carriers Alliances

11 May 2015

European carriers staring massive vessel sharing agreement. The largest container carriers launching “mega alliances” in the shipping industry: 2M, Ocean Three & CKYHE and regulators gave them green light. However this raise concerns among cargo owners, retailer and manufacturers in t... read more »

Transpacific Eastbound Carriers Update GRI

20 April 2015

Several carrier members of the Transpacific Stabilization Agreement (TSA), serving the East Asia/USA trade lanes, implemented General Rate Increases (GRIs) effective in March 2015. Carrier members , K Line,Yang Ming and Maersk implemented GRIs effective March 9, 2015. Hapag Lloyd postponed the effec... read more »

Rising dollar trim US container exports

16 April 2015

Strong dollar could have a negative affect on US container exports. Manufacturers trim optimism over a currency rising and increase health care costs. Total exports as a share of gross domestic product have grown steadily over the past several decades, and export stagnation could undermine gr... read more »

Seattle Tacoma Terminals Congestion

16 April 2015

Every terminal is backed up. There is a shortage of chassis at a number of them, below is T46…line is out on Alaska Way, difficult for drivers to even find end of line since it is all the way down street. Again we are doing our best to get containers out, but there is only so much we can do... read more »

China Investigates the EU Wine Imports

24 June 2013

China start investigation over the EU wine imports over a anti-dumping subsidies in exporting their products to China. It also said that does not believe that the investigation is related with the tariff imposed on solar products from EU. European commission has denied allegation for subsidi... read more »

Japan Exports to USA rose $10.96 billion

24 June 2013

Japan Exports to USA rose $10.96 billion - 16.3% for first five months of the year. The main commodities are mineral fuels, organic compounds and electronic parts, including semiconductors. Japan imports from USA also jump 10.2% to $6.46 billion, import was led by telecommunications equipm... read more »

US Pork and Beef Export declined in April

24 June 2013

US Pork and Beef Export declined in April. Russia ban on US beef and pork meat, which result from Russia’s policy against beta against use, has cost the U.S. industry about 155 million in pork and beef value so far this year. On the other hand Honk Kong and Taiwan continue to increase im... read more »