Shipping - Page 37

With 70 percent schedule reliability in November 2023, Evergreen was the most reliable top-13 carrier

Maersk’s 16,000 TEU green methanol-powered container vessels will be delivered from 2024

U.S. Navy shot down one drone, one anti-ship missile on Dec 28; MSC, Hapag continue to divert ships

MSC to continue to reroute vessels booked for Suez transit via the Cape of Good Hope

Average P/B multiple for peer companies works to be 0.75x; with transaction at 0.48x, Harim ends up with a quality deal

"Operation Prosperity Guardian set up & deployed to allow maritime commerce to pass through Red Sea/Gulf of Aden"

Attack follows a drone attack on crude carrier near Veraval, Gujarat

MSC introduces a new acronym - contingency adjustment charge (CAC), Maersk, CMA CGM announce diversions

~920,000 TEUs have diverted south of Africa & another ~1,002,000 are delayed in Suez area: Anders Schulze, Flexport

MSC, CMA CGM halt Red Sea sailing after attacks; only positive - Panama Canal increases crossings from January 2024

Team has taken measures to ensure de-stuffing of containers and export stuffing of cargo in containers remain unaffected

After Panama Canal shock, the terror attacks on container ships can disrupt supply chain in 2024