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Jyothi Shankaran
Associate Editor, STAT Media Group. He has worked with IndiaSpend, Bloomberg TV, Business Standard and Indian Express Group. Jyothi can be reached at jyothi@statmediagroup.com
Hapag to lease 6 14,000 TEU vessels from SFL Corporation for $540mn
15 March 2022 6:38 AM GMTWe have added more than $1 billion to charter backlog during Q12022: Ole B. Hjertaker, CEO, SFL Management AS.
China lockdowns to hurt supply chains more than #russiaukraine crisis
14 March 2022 9:58 AM GMTLockdowns in 19 provinces (Shanghai, Guangzhou..), as of Sunday, will restrict container movement at these ports heavily.
APM Terminals exits Russia ports biz
11 March 2022 4:18 PM GMTThe key promoters of Global Ports - Delo Group and APM Terminals - hold equal stake of 30.75 percent.
Hapag-Lloyd expects solid 2022, lists Covid, Ukraine as uncertainties
10 March 2022 10:02 AM GMTHapag is anticipating that the strained situation in the global supply chains will ease in the second half of the year
ZIM announces record 2021 numbers, bullish on 2022
9 March 2022 2:31 PM GMTAverage freight rate per TEU more than doubled to $2,786 for 2021 as against $1,229 for 2020.
Cathay Pacific 2021 cargo revenue up 32% on better yields
9 March 2022 12:15 PM GMTWe are committed to keeping people and cargo safely moving: Cathay chairman Patrick Healy
Capacity increases on Asia-West Coast; reliability drops to 30.9%
9 March 2022 8:31 AM GMTSupply challenges likely to be felt throughout 2022, says Niels Rasmussen, Chief Shipping Analyst, BIMCO.
Menzies 2021 revenue up 27% to $1.35bn on solid air cargo biz
8 March 2022 12:19 PM GMTAnnual cargo volume increased 42 percent to 1.7 million tonnes in 2021 from 1.2 million tonnes
Russians/Ukrainians are 15% of seafarers; safety concerns all
7 March 2022 1:12 PM GMTNearly 1.9 million seafarers are currently operating over 74,000 vessels in the global merchant fleet
Cargo handled across airports up 35%, Delhi continues to lead
7 March 2022 12:32 PM GMTInternational cargo handled was up 36% to 1.6 million tonnes, and domestic cargo handled was up 32% to 977,760 tonnes.
Bunker rate up 20% in 1 month, freight rates showing mixed trend
4 March 2022 10:49 AM GMTIn Singapore and Fujairah, price zoomed to $904/mt and $918/mt, respectively.
#RussiaUkraine conflict rages on, Biden takes on container shipping
1 March 2022 10:18 AM GMTIt is unfortunate that the President is demonising ocean carriers: World Shipping Council