Shipping - Page 81

"Increasing regulation of greenhouse gas emissions is highly likely to remove capacity from the shipping system."

Combined import/export that may be affected due to the disruption could be $1bn.

“It will be tempting but not advisable for shippers to 'seek revenge’ against & drop previous carriers and NVOCCs.”

SAFEEN Feeders to invest $101 million to purchase three containerships for leasing out to Saif Powertec.

Heading into October, shippers believe the weeklong break in China could exacerbate the downtrend in freight rates.

Total capital commitment for 5 vessels will be $125mn

Peak reduction following Golden Week was 15-17% in 2019, and average of 9-11% in 2014-2018.

Dedicated fleet to service French West Indies with three new 7,900 TEU ships and four 7,300 TEU ships.

While Singapore handled 18.4 million TEUs, a drop of 2%, Ningbo-Zhoushan handled 17.5 million TEUs, an increase of 9%.

Deployment will be for B2B middle mile distribution; can cover a distance of around 100 km with max 650 kg payload.

First 90-tonne block placed for construction of quay wall during special ceremony

“Congestion persists at stubbornly high levels in between flare ups. It just shifts to less visible regions."