Shipping - Page 92

"Nine shipping companies who ship from Asia to the United States have raised prices by as much as 1,000%."

There were savings of 5.90% (24 hours scenario) and 4.23%(12 hours scenario) in IMO study

Flexibags allow customers to fill 20' dry containers with up to 24,000 litres of non-hazardous liquid cargo.

This will replace about 10% of its total energy consumption which will reduce carbon footprints by 1100 tons per year.

Though still high compared to pre-Covid levels, there has been noticeable impact on rates & activities in asset markets.

Clogged bottle Shanghai will drain and vessels carrying pent-up cargo arriving at destinations will become problematic

CDPQ will take approx 22% stake in Jebel Ali Port, Jebel Ali Free Zone and National Industries Park

Group to take 9% stake in Air France-KLM for approx €400 million, become Air France-KLM's main private shareholder.

By using sustainable marine fuels, DHL reduced over 36,300 tonnes of Tank-to-Wheel CO2 emissions

Rates are now up 150% year-on-year. Costs have increased 55% in 2022.

Revenue from logistics business stood at Rs 1,208 crore, recording a growth of 26%

Caveat: Hapag-Lloyd’s operational performance in relation to their equipment is taken as a proxy for the entire market.