Shipping - Page 93

Revenue from operations for the quarter under consideration stood at ₹2,207 million.

Equivalent to almost 26 10,000 TEU containerships that will have to be found as supply chains are reactivated.

Average freight rate per TEU in the first quarter was $3,848, a year-over-year increase of 100%.

Container import volumes up 4% from April 2021 and 28% from pre-pandemic April 2019.

Designed in association with Academy of Maritime Education and Training (AMET), Chennai

Despite the modification, it is likely that trucks that have arrived post-May 13, will have to leave with the foodgrains

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.