Shipping - Page 87

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...

Aventra's Ajay Gupta told ITLN that several ports & terminals across the Asia Pacific and Europe are interested in the data orchestration platform.

First of several advanced biofuel volumes for K+N's biofuel concept, available to customers on any trade/any service.

Maersk was the most reliable carrier with schedule reliability of 49.5%.

Inspection team including officials from the Russian Federation, Türkiye, Ukraine and UN visited merchant vessel Razoni

Revenue from operations up 30% at Rs 208 crore compared to Rs 159 crore in Q1FY22

Carriers urged to clear long-dwelling empty containers as peak season approaches

EBITDA and EBIT increased to $10.3 billion and $9 billion, respectively, and free cash flow was up at $6.8 billion.