Shipping - Page 8

First of 12 new dual-fuel methanol vessels to be deployed by CMA CGM this year and in 2026.

DP World capacity exceeded 100 million TEU due to selective infrastructure investment in key growth markets.

Savannah on the U.S. East Coast emerged as most congested port in Feb with ships waiting an average of 91.6 hours.

Volume carried increased 14% to 3.7 million TEUs, and average freight rate was up 57% at $1,888 per TEU.

Empowers Centre to issue directions for implementation along with inclusion of a standard repeal and saving clause.

"DP World Mundra is committed to fostering and strengthening trade connectivity between India and the world."

Expansion of terminal portfolio and strengthening of competitive position for Hapag’s terminal operations.

Commitment will foster U.S. shipbuilding capabilities, expand port infrastructure and grow logistics networks.

Drewry is expecting the BlackRock-TiL-CK Hutchison deal to trigger divestments for meeting the needs of regulators.

"We used to make so many ships. We don’t make them anymore very much but we’re going to make them very soon.”

"The introduction of new vessels may increase capacity and put pressure on ocean freight rates."

Tariffs, no tariffs, Trump or geopolitics, global trade will continue to flow despite uncertainties. All depends on demand and capacity to move goods...