Shipping - Page 78

BIMCO evidence suggests that refills can save around 2,355 kg of CO2 emissions per ship per year.

Investment offers exposure to maritime business in Mediterranean region and port facilities in Spain

Carriers are scrambling for volumes they can get; backhaul shippers having easier time getting their volumes on board.

First facility will have a production capacity of approximately 100,000 tonnes per year.

Average freight rate was up 3% to $3,353/TEU, carried volume declined to 842,000 TEUs, down 5%

Port of Los Angeles has processed 8.5 million TEUs during Jan-Oct 2022, about 6% down from 2021’s record pace.

Q3 revenue up 53% YoY to AED 1.5bn ($405mn), driven by the maritime and EC&FZ clusters.

There have been 34 additional blank sailings announced on Asia-NAWC and 16 on Asia-NAEC

Significant focus is infra investment, which we are using to expand our terminal portfolio: CEO Rolf Habben Jansen

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