Shipping - Page 32

Asia-Mediterranean/Black Sea recorded the steepest drop in schedule reliability from 61.9% in December to 39% in January

Spot rates from Far East into the U.S. have softened since last round of GRIs were implemented at the start of February

Europe-Indian Subcontinent trade is by far the most impacted; trade between Far East and North America least impacted

Ten vessels of 2,000 TEUs will be positioned in Mediterranean & Northern Europe to transport goods over short distances

Two reasons - retailers stocking inventories, strong consumer spending to drive volumes

Four global rating agencies – CDP, S&P, Sustainalytics, Moody’s – assign leadership status to Adani Ports

Validation covers specific targets to reduce emissions from Maersk’s own operations & across its supply chains

For the full year 2023, Maersk reported a profit of $3.9bn as against $29.7bn in 2022 - a drop of 87%

Container fleet capacity in 2023 increased 8% from 2022 and 21% from 2019

Talks fail on rights to manage HMM, three-year lock-up demand for consortium partner JKL Partners

Under the terms of the 25-year concession agreement, Karachi Gateway Terminal Multipurpose Limited (KGTML) will develop, operate and manage the Bulk...

Drewry World Container Index (WCI) declined four percent to $3,824 per 40ft container to the week of February 1, 2024