Shipping - Page 22

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.

JNPA handled 6,013,086 TEUs from April 2024 to January 2025, which is higher by 14.08% YoY.

Long-term financing aligned with Hapag’s updated green financing framework.

After almost eight years of steady alliances, industry set for a recast - new alliances, new targets and new routes.

Revenue increased 14% to Rs 22,590 crore on 7% increase in cargo handled at 332 million tonnes.

Revenue up 6% to $20.7 billion; waiting for Gemini launch from Feb 1.