News

Hanjin to offer a ninth FE-North Europe service Hanjin is to add a further Far East-North Europe loop through slots on CMA CGM’s ‘FAL 1’ service, part of the ’Ocean 3’ FE-Europe service offering. COSCO also take slots within the frame of a slot arrange-ment with CSCL while Hanjin’s slots are believed to be under […]

Far Eastern port of Zarubino – “right place” for the transshipment of containers from China to China In order to attract 1.2 million transit containers Ministry of Transport intends to make the Far East port of Zarubino as free port zone. This was stated by Viktor Olersky, Deputy Minister of Transport. «Zarubino is the right […]

Lithuanian carriers say simplification of entry into Russia, although officially this was not mentioned. Total inspection of trucks with Lithuanian numbers on the Latvian-Russian border stopped, and now for the delivery of goods from Lithuania to Russia carriers can again choose the shortest route – through Latvia. This is reported by the representatives of the […]

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity. The documents were signed in Hanoi (Vietnam), in the presence of the Prime Minister of the Russian Federation, Dmitry Medvedev and the Prime Minister of Vietnam, Nguyễn Tấn Dũng. Alexander Dyukov, Chairman of the Management […]

Chinese investor intends to participate in the construction of Ring Road in Moscow. JSC “DSK” Autobahn” signed with the Chinese company Jiangsu Baoli Asphalt Co., Ltd. a Memorandum of Intent of joint participation in construction projects of starting complexes number 3 and number 4 Ring Road (Central Ring Road) in the Moscow region. Businessmen from […]

CHINA CLARIFIES VAT RATE FOR INTERNATIONAL CARGOES TRANSPORT AGENCIES SERVICE On July 4, the State Administration of Taxation (SAT) released the “Announcement on Value-Added Tax (VAT) Issues in International Cargo Transport Agency Service (SAT Announcement [2014] No. 42).” According to the Announcement, taxpayers indirectly engaged in agent services such as international cargo transport, transportation tools […]

31st August 2014, the Deadline for Receiving Container and General Cargo Vessels at Sultan Qaboos Port Source : Oman News Agency ( website) http://www.omannews.gov.om/ona/english/newsMore.jsp 31st August 2014, the Deadline for Receiving Container and General Cargo Vessels at Sultan Qaboos Port Muscat, Oct 6 (ONA)— Dr. Ahmed bin Mohammed al-Futaisi, Minister of Transport and Communications said […]

Aitken Spence in first-ever Public-Private partnership by a Sri Lankan company oversea (Business Times, as relayed by Aitken Spence) Aitken Spence recently entered into a public-private partnership with the Fiji Ports Corporation to oversee the repair and operation of Suva and Lautoka ports, the largest in Fiji; marking the first-ever public-private partnership by a Sri […]

Chongqing and Chengdu the inland China stars By Raymond Duan Chongqing Upgraded infrastructure and services for logistics and foreign trade promise bright prospects for information technology producers and supply chain service providers in China’s landlocked areas of Chongqing and Chengdu, two of the largest cities in the Sichuan basin. After overcoming high logistics costs and […]