Shipping - Page 79

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.

Joint effort strengthens and expands the two companies’ established relationship

On Transpacific, utilisation dropped below 90% for much of 2022, becoming a catalyst for the freight rate decline.

Port handled 709,873 TEUs in September, a 21% decrease from September 2021.