Shipping - Page 84

Cash from operating activities increased 30% to $1.9 billion in 1H2022.

Seven months into 2022, the Port has moved an estimated 6,349,248 TEUs, on pace with the record set last year.

Reaffirms 2022 full year guidance, expects to generate record adjusted EBITDA of $7.8-$8.2 billion.

Drewry expects seaborne reefer trade growth to increase at an average annual rate of 3 percent to 2026.

Joint Committee has authorised 36 movements through the maritime humanitarian corridor in the Black Sea.

With cluster base manufacturing in focus, the CONCOR will be working closely with the Ministry of Ports, Shipping & Waterways.

Clothing ($82.8mn) & electronic components ($32.3mn) to be impacted by the strike, says Russell Group in its analysis.

Revenue increased to AED 1.2bn ($335 million), driven by maritime and economic cities & free zones (EC&FZ) clusters.

Capex increased 31% in 2021 but operators now face challenges of longer lead time for equipment & rapidly rising costs.

Uncertainties remain due to war in Ukraine, ongoing disruptions in supply chains and Covid-19 pandemic.

There was, however, a 4% increase in June 2022, says Sea-Intelligence

This is the heaviest ever breakbulk parcel moved by container ship from India, surpassing MSC’s previous record. The transformer is destined for a...