Shipping - Page 12

Alliance in line with India’s vision to establish itself as one of the top five global maritime hubs.

ONE Sparkle is built at Hyundai Heavy Industries in Ulsan, South Korea, and can carry about 13,800 TEUs.

Retailers moving cargo ahead of the anticipated tariffs on goods from China, Mexico and Canada.

CMA CGM Group will play a pivotal role in the IMEC project, linking India, Middle East & Europe.

Use of biofuel to reduce emissions for Acer's sea shipments; 475 tonnes of CO2e reduced over past three years.

Trade outlook closely intertwined with geopolitics; most believe more U.S. tariffs to follow but not sure how much.

In January 2025, DP World Mundra achieved a record monthly throughput of 138,000 TEUs and handled 75 vessels.

New ports and terminals added nearly one million TEUs to the total volume.

February 2025 recorded a significant YoY price increase with Chennai leading the trend with a 48% rise.

AD Ports Group had received a 30-year extendable concession in June 2023.

U.S. State Department claims govt vessels can now transit Panama Canal without fees; Canal Authority says no such deal.

Net profit up 56% at $6 billion; results driven by higher demand for containers, terminal business & logistics.