Understanding the Importance of New Jason Clause in Shipping
The ‘New Jason Clause’ has been recommended for many years for inclusion in contracts for the private or common carriage of goods.
It is particularly if the trade involves US law or cargo...
Maersk’s 2021 Profit Results To Be The Biggest in Danish History
A.P. Moller-Maersk A/S is now heading for a full-year profit that will match its combined results from the past nine years and make business history in its home country Denmark.
Maersk’s 2021 result...
Debate on Rising Freight Rates & Regulatory Intervention
SURCHARGE levels of 70%-80% of the total freight cost are no longer uncommon as carriers seek to handle the crisis in equipment and slot capacity.
And they are unlikely to disappear even when...
America’s Port Edges Out Hong Kong, Becomes 9th Biggest Container Port
Surging first-half volumes at the Los Angeles-Long Beach port complex saw the US west coast gateway overtake Hong Kong to become the world’s ninth largest container port.
According to new data from Alphaliner,...
Platts JKM Surge Makes Spot LNG Buyers Rethink Strategy
Long-term contracts key to equation for Cheniere expansion
'Good chance' Sabine Pass Train 6 producing this year: Feygin
Soaring Asian spot LNG prices should push buyers that rely heavily on the prompt market to...
China’s First Carbon-Neutral Petroleum Shipment
China certifies the first shipment of full life cycle carbon-neutral petroleum
Shanghai Environment and Energy Exchange (SEEE) has issued the first carbon-neutral petroleum certificate to Sinopec, Cosco Shipping, and China Eastern Airlines
they...
Will Covid Derail China Olympics?
China keeps the virus at bay at a high cost ahead of Olympics
China’s “zero tolerance” strategy of trying to isolate every case and stop transmission has helped keep the country largely free...
Are LOIs Worth More Than the Paper They’re Printed?
Skuld recognizes a noticeable rise in the use of Letters of Indemnity in day-to-day operations in the industry, and, consequently, a great rise in the number of queries from our mutual members and assureds...
Nobel Prize Ceremony Scaled Back Amid COVID Uncertainty
The Nobel Foundation said in a statement on Thursday that prizewinners would receive awards in their home countries rather than attend a banquet in Stockholm, reports DW.
Remote award ceremony
The body said it was making...
Vaccination Centre For All International Ocean-going Seafarers
Singapore will offer vaccination to international ocean-going signing-on seafarers.
The vaccination centre will commence operations on 30 September.
Singapore has announced that it will offer vaccination to international ocean-going signing-on seafarers, reports GAC.
Singapore Vaccination...