PIL Orders 2 Containerships from China
Singapore’s Pacific International Lines (PIL) has placed newbuilding orders for the first time in seven years.
This is followed after seeing its fortunes...
Experts Warn Against Benadryl And Milk COVID Treatment
Several questionable methods have been suggested as treatments for COVID-19, from a medication that fights malaria to the anti-parasitic drug ivermectin.
Rep. Jeff...
Omicron Vs Zero-Covid: How Will China Exit Zero-Covid?
China’s stringent zero-COVID strategy is likely to face its toughest test yet in the next few weeks, as millions of people travel around the...
Carriers Focus On Big Bucks, Secondary Trade Hit Badly
The cellular fleet grew by 4.5% last year, to 24.97m teu.
But capacity was cut on some routes as carriers re-deployed as much...
How Much Did Euronav Gain Upon the Redelivery Of 4 VLCCs?
A recent news article published in the Splash 247 by Sam Chambers states that Euronav gains $18m upon redelivery of four sale and leaseback...
COVID-19 Cases in Olympic Bubble Rise To 106 Amid Strict Regulations
Nine arrivals test positive at Beijing airport, days after IOC eases negative result threshold
No locally transmitted Omicron cases for three straight days...
High Shipping Volumes & Rising Rates Drove Demand for Reveels Platform
Reveel, whose Shipping Intelligence™ Platform enables companies to level the playing field with carriers, reflected on some of the numerous performance milestones the company...
BIMCO Publishes Force Majeure Clause 2022
BIMCO has released the new Force Majeure Clause 2022.
Definition
Force majeure as a civil law concept is designed to excuse one or all of the...
DNV To Lead Ammonia Bunkering Safety Study in Singapore
The Global Centre for Maritime Decarbonisation (GCMD) has selected a consortium led by Norway-based classification society DNV to conduct a study on ammonia...
[Infographic] ReCAAP Reports 15% Decrease in Piracy & Robbery in Asia
The ReCAAP ISC has released its Annual Report on piracy and armed robbery against ships in Asia in 2021, reporting a total of 82...