Shipping - Page 2

First facility will have a production capacity of approximately 100,000 tonnes per year.

Average freight rate was up 3% to $3,353/TEU, carried volume declined to 842,000 TEUs, down 5%

Port of Los Angeles has processed 8.5 million TEUs during Jan-Oct 2022, about 6% down from 2021’s record pace.

Q3 revenue up 53% YoY to AED 1.5bn ($405mn), driven by the maritime and EC&FZ clusters.

There have been 34 additional blank sailings announced on Asia-NAWC and 16 on Asia-NAEC

Significant focus is infra investment, which we are using to expand our terminal portfolio: CEO Rolf Habben Jansen

Volumes into North America, which led surge in volumes during Covid, saw drop of -20.6% y/y.

Revenue from operations up 17% at Rs 227 crore compared to Rs 195 crore in Q2FY22

Probable hike in container storage fee to disincentivise longer staying containers at depots

Drewry estimates avg daily operating costs across 47 ship types & sizes rose for 5th year to $7,474 in 2022, up 2.2%

If implemented in full, the deal could deliver up to two million tonnes of green fuels per year.

Non-alliance carriers managed to triple market share from around 5% to around 15% during the peak of the market.