Shipping - Page 42

Xeneta Shipping Index (XSI) reached 151.5 points in July, a MoM increase of 2.5%

Maersk reported unaudited revenue of $12.8bn, underlying EBITDA of $2.1bn and underlying EBIT of $756mn for Q22024.

Fontana has more than 15 years of finance experience in container shipping and land-logistics businesses

Revenue increased 21% to Rs 7,560 crore and cargo handled was up 8% at 109 million tonnes

Average delay for late vessel arrivals deteriorated, increasing by 0.04 days M/M to 5.19 days

Kempegowda International Airport shipped 822 MT of mangoes in 2024, a 20% increase, exporting to over 60 international destinations.

Cuts CO2 emissions by 50%; expects to replace approximately 75-80% of conventional energy needs at terminals

ONE has more than doubled its profit forecast for FY22024 to $2.75 billion from the earlier estimate of $1 billion

"It is also a case that the lower end of spot market will eventually increase as an overall market spike progresses."

On the Asia-North Europe route, blanked capacity is likely to be 5.9% for the coming 11 weeks

AEO-LO certification one of the highest security standards in supply chain globally

Capacity is expected to exceed 30 million TEU at the end of third quarter and hit 30.5 million by the end of 2024