Shipping - Page 68

One Innovation will help bring economies of scale & lower carbon emissions through state-of-the-art hull design

In a world that is becoming increasingly integrated, shipping and logistics play a crucial role in facilitating international trade. The industry is...

The acquisition of La Méridionale marks a new milestone in the development of CMA CGM’s specialized shipping division

DP World Cochin now provides four direct sailing weekly services for the Middle East region.

Investments of Rs 27,000cr in FY23 primarily funded through internal accruals and cash and cash equivalents

Located at the state-owned Jawaharlal Nehru Port, Nhava Sheva, NSDT is a multipurpose clean cargo terminal, capable of handling container, cement,...

Q4 net profit up 31% to Rs 98 crore, revenue up 7% to Rs 235 crore

Most WSC member carriers saw no/single digit container losses in 2022, only two carriers report losses above 100 units

Carried volume declined 10% to 769,000 TEUs, average freight rate dropped sharply (64%) to $1,390/TEU

Historically, about 50% capacity has been recycled by the time the ships have been 25 years old and 90% by 30-35 years

Optimised prediction of deviations enhances exception management in sea freight

Avg freight rate declined 28% to $1,999/TEU (Q12022: $2,774/TEU) due to weaker demand and normalisation of supply chains