Shipping - Page 41

In the dynamic world of global logistics, this December brought an unexpected twist to the traditional narrative of stabilizing freight costs and...

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