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Last week, Maersk management announced that the company was suspending its share buyback program and cutting its dividend by 88%, signaling the end of an era when managing and deploying an enormous excess of capital was the top concern for the shipping line’s executive team. Maersk’s stock price dropped by approximately 16%. Now that the company’s pandemic-era bonanza is well and truly over, it’s time to take a retrospective look at how Maersk invested its cash when profits were pouring in by...
https://www.freightwaves.com/news/maersk-had-more-cash-than-it-knew-what-to-do-with-but-not-anymore
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The post Daily Infographic: On-time last-mile delivery performance hits highest levels since pandemic appeared first on FreightWaves.
Thai regional box carrier Regional Container Lines (RCL), seeing falling profits, has stepped up the demolition of its elderly tonnage. This month, with container freight rates still under pressure, RCL said its net profit for Q2 23 was down 37% year on year, to THB576m ($16.33m).
Q2 Revenue Declinehttps://mfame.guru/rcl-offloads-aging-container-ships-for-scrap-during-earnings-decline/
CLAIM: The World Health Organization will have the power to regulate U.S. policies during a pandemic, including those on vaccinations, lockdowns, school closures, and more, according to a legally enforceable “pandemic pact”.
AP’S ASSESSMENT: False. The voluntary treaty, which is still in draught form and won’t be ratified for many years, does not preempt any country’s right to enact unique pandemic-related laws, according to numerous experts, including one engaged in the...
https://mfame.guru/american-sovereignty-is-not-ceded-by-the-whos-draught-pandemic-pact/
In a recent study published in the Journal of Pharmaceutical Sciences, researchers reviewed existing achievements and shortcomings in severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) vaccine platforms, as well as future-generation vaccine considerations, reports News Medical Life Sciences.
BackgroundDuring the coronavirus disease 2019 (COVID-19) pandemic, many effective and safe vaccinations against various SARS-CoV-2 variants were developed....
https://mfame.guru/the-nature-of-the-immune-responses-induced-by-various-covid-19-vaccines/
According to ZOE Health Study (a health science company staking claim to running the “world’s largest COVID science project with over four million participants”), their latest data finds that the top symptoms reported by contributors with positive COVID tests are:
ZOE Health Study reportedly listed only the top five symptoms. But over time, the health science company said their COVID...
https://mfame.guru/muscle-aches-pains-now-among-top-covid-symptoms/
The G20 countries are looking for guidance from the One Health Quadripartite in operationalizing One Health (OH) approaches, says an article published on their site.
Seven recommendationsIn 2022, the Quadripartite supported the Indonesian G20 Presidency by developing the Lombok G20 One Health Policy Brief. Multiple consultations with governments and input from the One Health High-Level Expert Panel helped identify seven recommendations for countries to scale up...
https://mfame.guru/g20-countries-are-looking-for-guidance-from-one-health/
Car carrier newbuild ordering has increased significantly in 2021 and 2022 on record markets […]
The post Clarksons: 93 pct of car carrier newbuilds LNG capable, 23 pct ammonia/methanol ready appeared first on Offshore Energy.
Lockdowns in key Chinese port cities are again hampering supply chains, despite a “muted” peak season. And President Xi gave no indication of a change to China’s zero-Covid policy at the Communist Party Congress this week, where he is expected to obtain a record third five-year term in office, reports The Loadstar.
Impact on Supply chainsIndeed, in what has now become a regular occurrence, Covid restrictions are impacting supply chains in Ningbo, Shanghai, and Tianjin.
Ningbo is the worst...
https://mfame.guru/key-chinese-transport-hubs-shuts-down-supply-chain-hobbles-again/