Shipping - Page 61

Thailand, Vietnam & Pakistan have increased exports but this has not been enough to substitute India’s reduction: BIMCO

Located in Kandla, Gujarat, the greenfield terminal will be capable of handling vessels carrying more than 18,000 TEUs

GRIs from carriers appear to have held relatively firm, pushing spot rates up above long-term rates on key corridors

While restrictions could impact Christmas stocks, shippers diverting containers via Suez have been minimal

The location of the port of NEOM in Oxagon on Red Sea coast is considered one of the busiest trade routes in the world.

Revenue growth of 14 percent is mainly attributable to the full six months consolidation of Imperial Logistics (2022 – 4 months).

JNPA entered into a 30-year concession agreement with NSDT for both shallow water berth and coastal berth in May 2023.

Pipavav Port joins elite 200 port moves per hour (PMPH) club, a significant achievement in the port’s history

The new service will be operated by WAN HAI and Unifeeder to establish a link between key ports in India and Jebel Ali.

Average freight rate declines 67% to $1,193/TEU, carried volume was marginally higher at 860,000 during Q22023

Port berths maiden very large gas carrier (VLGC) – Great Eastern Shipping Company's MT Jag Viraat

Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEU