capacity
Maersk says Red Sea disruption will cut capacity by 15-20% in Q2
The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industry’s capacity between the Far East and Europe by some 15...
Opec+ may need to tackle oil capacity conundrum next month
The main question for Opec+ when it meets next month is whether to continue its oil-supply cuts into the second half. But it may also need to tackle the...
Lufthansa evaluates new China routes amid slow recovery in capacity
LUFTHANSA Airlines’ capacity on routes to and from China has returned to 70 per cent of the levels before the Covid-19 pandemic and it is evaluating adding new routes...
China has been closing idled auto output capacity, industry body says
CHINA’S auto factories had a capacity utilisation rate of more than 70 per cent in 2023 and idled capacity is being closed, a senior official of the China Association...
Baltimore shipping set to resume by end of April with full capacity by end of May
THE US Army Corps of Engineers (USACE) said on Thursday (Apr 4) it expects to open a new channel to the Port of Baltimore by the end of April,...
More than 20% of global oil refining capacity at risk: analysis
MORE than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published on Thursday (Mar 28), as petrol margins...
India’s biggest airline sees capacity growth slowing next year
INTERGLOBE Aviation, which operates India’s biggest airline IndiGo, forecast slower capacity growth in the fiscal year starting Apr 1. The budget carrier expects capacity to grow in the “early...
TSMC considering advanced chip packaging capacity in Japan, sources say
TAIWAN’S TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan’s efforts to...
