Shipping - Page 25

Teams to work on Singapore-India green and digital shipping corridor.

APM Terminals Elizabeth handles over 25% of annual container throughput in New Jersey port.

Hapag-Lloyd is expecting Group EBIT to be in the range of $0-1.5 billion for 2025 compared to $2.8 billion in 2024.

Project will be developed on build, operate and transfer (BOT) mode at a total capital cost of Rs 4,500.62 crore.

Shipping lines covered do not include MSC (privately held), PIL and CMA CGM (no longer publicly publishes EBIT).

Initiative will reduce 14,600 tonnes of carbon dioxide equivalent (CO2e) annually compared to diesel operations.

First of 12 new dual-fuel methanol vessels to be deployed by CMA CGM this year and in 2026.

DP World capacity exceeded 100 million TEU due to selective infrastructure investment in key growth markets.

Savannah on the U.S. East Coast emerged as most congested port in Feb with ships waiting an average of 91.6 hours.

Volume carried increased 14% to 3.7 million TEUs, and average freight rate was up 57% at $1,888 per TEU.

Empowers Centre to issue directions for implementation along with inclusion of a standard repeal and saving clause.

"DP World Mundra is committed to fostering and strengthening trade connectivity between India and the world."