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Spot rates from Far East into the U.S. have softened since last round of GRIs were implemented at the start of February

Europe-Indian Subcontinent trade is by far the most impacted; trade between Far East and North America least impacted

For the full year 2023, EBIT plunged 85% to $2.7 billion

A one knot increase in speed, from 16 to 17 knots, will increase emissions by 14 percent: Sea-Intelligence

Maersk Hangzhou was attacked multiple times by Houthis in the Red Sea last week