Shipping - Page 84

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."

Carriers have upped the number of blanked sailings in response to the collapsing spot rate

Survey finds 60% freight forwarders and NVOCCs struggle to monitor movement of shipping containers.

2022 revenue to be up 19% YoY and operating cash flow to increase 8% YoY.

Ports of Le Havre, Antwerp and Bremerhaven exceed container availability levels beyond 0.90.

"This is not only higher than combined Q2 EBIT of past 11 years but is also right at the top with Q421 & Q122 EBIT."

Recently released volume statistics indicate that there may be no peak season in 2022.

Early arrival of holiday goods, economic concerns begin to slow record pace.