Shipping - Page 40

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

The CIX2 service will provide direct shipping service from Tianjin and Kaohsiung to West India

"Shippers will be reluctant to commit to long-term rates during the height of disruption due to the Red Sea crisis."

For the first nine months of financial year 2024, profit was up 43 percent at Rs 6,089 crore

Revenue declined 46 percent to $3.4 billion compared to $6.2 billion in Q3FY2022