Shipping - Page 25

Increases 2024 guidance to adjusted EBITDA between $2.6-3 billion and adjusted EBIT between $1.45-1.85 billion.

Bharat Petroleum Corporation (BPCL) launched first biofuel blend High Flash High Speed Diesel (HFHSD) bunker by an OMC at Mumbai Port. “As the...

Bank develops Export Leading Index (ELI) for India to track and forecast the movement in exports

Cumulative value of merchandise exports during April-July 2024 was $144.12 billion, an increase of 4.2% YoY

Group EBITDA is expected to be in the range of $3.5-4.6 billion & EBIT to be in the range of $1.3-2.4 billion for 2024.

July 2024 loaded imports landed at 501,281 TEUs, a 38 percent spike compared to the previous year.

No sign of sudden U.S. spending boom; significant increase only in recreational goods and vehicles.

Volumes have reached an average of 1.6 million barrels per day, an increase of 1,000% compared to 2021

Approximately 300,000 TEU will be owned capacity while 500,000 TEU is planned through time-charter agreements.

Revenue from operations stood at Rs 246 crore, an increase of 14%

The global shipping and logistics industry is standing on the edge of a radical transition, with both charter vessel and breakbulk shipping looking to...

Ocean saw volume growth & higher freight rates, primarily in Asia exports, reflecting increased supply chain pressure