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Taiwan-Based Evergreen Marine Purchases Eight Container Vessels For A Deal Worth $94.1 Million Evergreen Marine has carved out its niche in the maritime industry by becoming the seventh-largest liner across the globe. Recently, it has acquired eight container ships that consist of seven vessels that weigh 1,600 teu each and one container vessel that weighs 7,000 teu. The incredible deal is worth $94.1 million and involves two subsidiaries called Evergreen Asia and Evergreen Hong Kong. Several Import-Laden Containers Are Stranded At Krishnapatnam Port Before They Are Transferred to Bangladesh According to recent reports, over 3,000 teus worth of import-laden containers bound for Bangladesh are currently stuck at the Krishnapatnam Port due to the fact that the two sole vessels on the route had no further permission to anchor at the Chattogram Port. Unfortunately, the permission had expired last March and the operator of the feeder vessels has still not been able to get a renewal yet. APM Terminals Pipavav Has Made a Net Profit Of INR 321.63 Million In The Financial Quarter Q1FY22 APM Terminals Pipavav has recently announced the final results of the financial quarter Q1FY22 where the organization has been successful in deriving a net profit of INR 321.63 million from its genuine efforts. When compared to the previous quarter Q1FY21 that made a huge profit of INR 464.16 million, APM Terminals Pipavav has not been able to surpass its previous performance. India Exported A Consignment Of King Chilli From Nagaland To London India has been successful in promoting the export of King Chilli (also known as ‘Raja Mircha’) all the way from Nagaland to London for the first time as an honest effort to encourage the exports of Geographical Indications (GI) items from the North-Eastern region of the country. Germany-Based Container Shipping Line Hapag-Lloyd Reports A 10-Fold Increase In First-Half Net Profit Hapag-Llyod has earned its good reputation by being a renowned container shipping line from Germany and it has now recorded a 10-fold surge in the first-half net profit that involves ever-increasing freight rates while transport facilities are not there in abundance. Due to the ongoing coronavirus pandemic, the Hapag-Lloyd group is not expecting a great performance in global supply chains at the moment. Sources: https://splash247.com/evergreen-snaps-up-eight-containerships-for-94m/ https://www.maritimegateway.com/apm-terminals-pipavav-financial-performance-for-q1fy2022/ https://www.maritimegateway.com/apm-terminals-pipavav-financial-performance-for-q1fy2022/ http://www.eximin.net/NewsDetails.aspx?name=49345 https://www.marinelink.com/news/container-shipping-giant-hapaglloyd-posts-489822