Shipping - Page 83

Purpose of automation is to replace human workers with machines, and in this case to harm U.S.-based workforce: ILWU

Q1 revenue increased 55% to $19bn; EBITDA more than doubled to $9.1bn, and free cash flow increased to $6bn

Containers will operate both ways between major Indian ports and Singapore, Malaysia, Bangladesh & China

The objective was to get the latest updates on developments at this strategic port in technology and trade facilitation

Despite being the highest 2022 reliability figure so far, the score is still slightly below the 2021 level

Revenue more than doubled to $30 billion from $14 billion in FY2020. Liftings unchanged at 1.2 million TEUs.

Jade Express connects Pipavav in time for the MECL service and provides same-day connectivity on the FI3 service.

Avg price of a 40 ft HC container in Chennai was $5,127 in mid-Jan 2022, which was down 16% to $4,297 on April 18, 2022.

Devices can supply location data based on GPS, measure temperature and monitor sudden shocks to containers.

Realised revenue of $19.3 billion for Q12022 ahead of previous expectations with an underlying EBITDA of $9.2 billion

Ocean Sparkle's biz model provides for long-term cash visibility on take-or-pay deals with avg contract life of 7+ years

The Port's goals are a 40% reduction of greenhouse gases by 2030 and 80% by 2050, compared to 1990 levels