Shipping - Page 70

Volumes into North America, which led surge in volumes during Covid, saw drop of -20.6% y/y.

Revenue from operations up 17% at Rs 227 crore compared to Rs 195 crore in Q2FY22

Probable hike in container storage fee to disincentivise longer staying containers at depots

Drewry estimates avg daily operating costs across 47 ship types & sizes rose for 5th year to $7,474 in 2022, up 2.2%

If implemented in full, the deal could deliver up to two million tonnes of green fuels per year.

Non-alliance carriers managed to triple market share from around 5% to around 15% during the peak of the market.

GFS’s existing management will remain in place with founders retaining 20% stake.

Fleet of container equipment in service is forecast to decline by 3% in 2023

Latest purchase of approximately 60mn litres; collaboration includes piloting new framework of Smart Freight Centre.

Maersk confirms underlying EBITDA of around $37bn & underlying EBIT of around $31bn for 2022.

ONE is expecting a full year profit of $15.3 billion, a 9% decrease from the previous year.

With schedule reliability of 53.2%, Maersk was the most reliable carrier in September.