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COSCO reports largest EBIT/TEU of $289 in Q32023 followed by Hapag-Lloyd with $64 and HMM with $52

Carriers are expected to announce a host of blank sailings to counteract supply-side growth

A side-effect of nearshoring would be shortening of supply chains but not so close to eliminate container shipments

Lower demand growth, modest supply growth or lower structural factor could push 2019-level balance to 2030 or beyond

Sharp drop in carrier profits in 2023 will add a deflationary component to world inflation, says Sea-Intelligence

Schedule reliability has been ranging within two percentage points since March 2023

LA port has processed more than 4.5mn TEUs in the first five months of 2022, equal to last year’s record-setting pace.

Analysis based on Global Liner Performance (GLP) and Trade Capacity Outlook (TCO) databases of Sea-Intelligence.

Hapag-Lloyd had a tax benefit of $10.7/TEU, translating to an advantage of $127 million.

Supply challenges likely to be felt throughout 2022, says Niels Rasmussen, Chief Shipping Analyst, BIMCO.

Estimate based on normal operations by end-Dec 2022, and current transportation time of 112 days reverting to 45 days

JNPT has chalked out a standard operating procedure for an interim period for handling EXIM containers at JNPCT.