Indian Transport & Logistics

Shipping - Page 92

ONE FY2021 profit at $16.8bn; 2022 outlook uncertain

29 April 2022 12:40 PM IST
Revenue more than doubled to $30 billion from $14 billion in FY2020. Liftings unchanged at 1.2 million TEUs.

APM Pipavav secures Maersk's Jade Express for transhipment

29 April 2022 11:35 AM IST
Jade Express connects Pipavav in time for the MECL service and provides same-day connectivity on the FI3 service.

Container prices decline in India amidst global disruptions

27 April 2022 6:45 PM IST
Avg price of a 40 ft HC container in Chennai was $5,127 in mid-Jan 2022, which was down 16% to $4,297 on April 18, 2022.

Hapag to equip all containers with real-time tracking devices

27 April 2022 1:00 PM IST
Devices can supply location data based on GPS, measure temperature and monitor sudden shocks to containers.

Maersk raises 2022 guidance, likely to earn $30bn on strong rates

26 April 2022 12:28 PM IST
Realised revenue of $19.3 billion for Q12022 ahead of previous expectations with an underlying EBITDA of $9.2 billion

Adani buys Ocean Sparkle in Rs 1,500cr deal

22 April 2022 5:32 PM IST
Ocean Sparkle's biz model provides for long-term cash visibility on take-or-pay deals with avg contract life of 7+ years

Port of Long Beach celebrates Earth Day with green milestones

22 April 2022 12:20 PM IST
The Port's goals are a 40% reduction of greenhouse gases by 2030 and 80% by 2050, compared to 1990 levels

Empty containers piling up in U.S pushing down prices

19 April 2022 5:20 PM IST
Container prices have dropped by 30% in two months across east and west coast and more than halved at some ports.

Beth Rooney named Director of The Port of New York & New Jersey

13 April 2022 4:06 PM IST
Rooney brings more than three decades of experience to the role and was Department Deputy Director for last three years

Los Angeles Port handled record 2.6mn TEUs in Q12022

13 April 2022 12:53 PM IST
Port completed its best first quarter ever, an increase of 3.5% from last year; handled 958,674 TEUs in March

Hapag signs deal with Mærsk Mc-Kinney Møller Center

12 April 2022 7:46 PM IST
Hapag-Lloyd becomes a corporate strategic partner to the Center, committing to a long-term strategic collaboration

Port operational, yet forex issues, container backlog mar Colombo Port

12 April 2022 12:18 PM IST
In the past few weeks, there had been a shift in cargo moving to Indian ports located in south and western India
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