Shipping - Page 16

Shipping revenue increased 43% to $10.8 billion and EBITDA nearly tripled to $4.3 billion.

The port surpassed its previous record of 2,900 metric tons in a single day by 52 percent on growth.

Ocean container shipping freight rates spiked more than 70% during the first term of Donald Trump (2017-21).

Freight rates from Shanghai to Genoa zoomed 21% to $4,399/FEU and from Shanghai to Rotterdam surged 16% to $3,954/FEU.

Simons succeeds Boudewijn Siemons, who was appointed CEO and interim COO in February 2024.

Last time Trump ramped up tariffs on Chinese imports, container shipping freight rates spiked more than 70%.

Ships will feature liquefied gas dual-fuel propulsion and be ammonia-ready; deliveries between 2027 and 2029.

The container fleet now consists of 6,699 ships with a capacity of 30.4 million TEU: BIMCO

U.S. Presidential elections on November 5, 2024 could have significant implications for global trade and supply chains.

Seventh of 12 ships with 23,660 TEU capacity and dual-fuel technology.

Storing hazardous substances presents challenges, especially in importing, exporting, and distributing these materials.

"The lights are flashing red on the geo-political dashboard and it would be foolish to ignore them."