Shipping - Page 87

Hapag is anticipating that the strained situation in the global supply chains will ease in the second half of the year

Average freight rate per TEU more than doubled to $2,786 for 2021 as against $1,229 for 2020.

Supply challenges likely to be felt throughout 2022, says Niels Rasmussen, Chief Shipping Analyst, BIMCO.

Nearly 1.9 million seafarers are currently operating over 74,000 vessels in the global merchant fleet

Cargo ship carrying 200 MT foodgrains from Patna docks at Pandu

Shipping revenue was up 88% to $45.3 billion, and EBITDA zoomed over 300% to $22.1 billion compared with 2020.

Russia's move of capturing Kherson assumes strategic significance as it can control Ukraine's Southern coastline and also mobilize a movement of...

In Singapore and Fujairah, price zoomed to $904/mt and $918/mt, respectively.

Orders amounted to $43.4 billion, 47% of year’s total and surpassing entire cargo fleet orderbook value of 2020.

Carriers to accept and screen bookings for essential goods such as food, medical equipment and humanitarian goods.

It is unfortunate that the President is demonising ocean carriers: World Shipping Council

Suez Canal reported 1,776 transits in January, an increase of 183 compared toJanuary 2021.