Shipping - Page 26

Traffic through Panama and Suez Canals - critical arteries of global trade - dropped by over 50% by mid-2024.

Net turnover for sea logistics increased 36% to CHF 2.6 billion and EBIT was up 9% at CHF 256 million in Q32024.

The MGX service will operate on a weekly basis, providing dedicated shipping routes that connect Jebel Ali, Djibouti, Aliaga, and Damietta.

Agreement plans for the production of up to 100,000 tonnes of biomethane per year between now and 2030.

Approximately 30% of the seasonal workforce will be sourced from Tier 3 cities.

Maersk now expects underlying EBITDA of $11-11.5 billion and EBIT of $5.2-5.7 billion for 2024.

Transaction to complete during H2 2025; MSC to make public offer at same price issued to seller - R$ 17.50/share.

With more than 2 mn. sq.ft, PSA Supply Chain Hub @ Tuas to be equipped with advanced robotics and automation systems.

2024 has been a year characterised by shippers’ extensive frontloading and ensure enough goods were on inventory.

September 2024 loaded imports landed at 497,803 TEUs, a 26% increase compared to the previous year.

As the conflict in the Middle East escalates and widens, the Bab-el-Mandeb Strait has become a perilous maritime chokepoint. With increased attacks on...

Model leverages 500+ million data points, combined with 20+ parameters such as fleet data & macroeconomic factors.