Shipping - Page 47

COSCO reports largest EBIT/TEU of $289 in Q32023 followed by Hapag-Lloyd with $64 and HMM with $52

The box pool will decline by 2.6% this year with a further contraction expected in 2024

WIN service will offer a weekly route from Hazira, Nhava Sheva, Mundra to New York, Norfolk, Savannah and Charleston

Facility to house 25 ocean transportation experts responsible for execution of Cargill’s physical vessel voyages

Malaysia will have largest network of tech-enabled ports ahead of IMO’s compulsory single window mandate in 2024

ONE to install two containerised wind assist devices, known as VentoFoil containers, on MV Kalamazoo

VesselsValue predicts that Indian coal imports are expected to increase by 12% per annum between 2023-2025

Carriers are expected to announce a host of blank sailings to counteract supply-side growth

While blank sailings are expected to increase, imbalanced container availability may continue in certain regions

Restrictions on drought-stricken Panama Canal starting to impact vessel capacity serving exports of perishables: Drewry

HLTC will be operated as part of JV that Hapag-Lloyd established with Indian technology company Solverminds in June

Volumes combine a mix of green bio-methanol and e-methanol, all to be produced utilising wind energy in Northeast China