Shipping - Page 91

The Group’s early return incentive to deliver $300/container to help customers offset costs.

Adjusted EBITDA for the period increased 34 percent year-on-year to AED 524 million ($141 million)

Also maintained its #1 position among South Indian terminals in April 2022 by clocking a volume of over 66,000 TEUs

Q1 revenue at $9bn and EBITDA of $5.3bn on 84% increase in average freight rate to $2,774/TEU and strong dollar.

Annual losses down 57% since 2012 (127); 2021 represents big improvement on the rolling 10-year loss average (89).

Recycling refrigerant gas effectively saves about 4,000 kg of carbon emissions per reefer.

Loginno is creating Contopia (Container Utopia), the world's Internet-of-Shipping-Containers infrastructure, to build IoT-enabled fleets

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