Pharma contributions to politicians who support restricting abortions could reverberate

first_imgPharmalot If you’re a drug maker, you wouldn’t contribute to political candidates whose positions might crimp your bottom line, right?Well, you might. What is it? GET STARTED Pharma contributions to politicians who support restricting abortions could reverberate Tags pharmaceuticalsSTAT+stateswomen’s health What’s included? Ed Silverman STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. DOMINICK REUTER/AFP/Getty Imagescenter_img Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. About the Author Reprints By Ed Silverman July 24, 2019 Reprints [email protected] Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. @Pharmalot Log In | Learn More last_img read more

Blessing of the babies ceremony to take place in Portlaoise this weekend

first_img Pinterest WhatsApp Pinterest New Arles road opens but disquiet over who was invited to official opening Council Community Home News Community Blessing of the babies ceremony to take place in Portlaoise this weekend NewsCommunity WhatsApp Blessing of the babies ceremony to take place in Portlaoise this weekend Laois secondary school announces scholarship winners for new academic year TAGSBlessing of the Babies Twittercenter_img Facebook The annual Blessing of Babies service looks set to draw the crowds in Portlaoise this weekend.Babies will be blessed in Portlaoise Parish Church, as part of the annual Feast of the Baptism, January 13.Last year, over 300 people attended the popular service when Bishop of Kildare and Leighlin Denis Nulty oversaw the blessing ceremony.“You are breathing new life into a community and it’s a wonderful thing,” said Bishop Nulty to the parents in last year’s attendance.The bishop was joined on the alter by Fr Paddy Byrne, Fr David Vard and Fr Tom O’Connor. Community RELATED ARTICLESMORE FROM AUTHOR Previous articleEason Spelling Bee looking for Laois participants for ninth annual competitionNext articleDeaths in Laois – Saturday, January 12, 2019 Siun Lennonún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Twitter By Siun Lennon – 12th January 2019 Facebook Fr Paddy told the congregation that “becoming a parent is the greatest vocation of all”.Over 350 babies were christened in Portlaoise Parish in 2017, and large numbers are expected again at this year’s blessing.The Blessing of the Babies takes place at 2pm.SEE ALSO – ‘It’s a dream come true’ – Portlaoise Panthers chairman speaks about excitement national cup semi-finalslast_img read more

Australian defence industry grows with next gen combat management system expansion

first_imgAustralian defence industry grows with next gen combat management system expansion Department of DefenceThe expansion of Defence’s ‘next generation’ combat management system has created more than 100 local jobs and is creating new opportunities for Australian businesses.Minister for Defence Industry Melissa Price said the expanded combat management system will now include Maritime Mine Counter Measures and Military Survey Vessels.Minister Price said it would drive the next phase of growth and investment by Saab Australia, the nation’s sovereign Combat Management System provider.“This project will create Australian jobs for engineers and project managers, developing further capability within the industrial supply chain and supporting a major, multi-million dollar expansion of Saab’s South Australian and West Australian facilities,” Minister Price said.“Saab’s investment and recruitment since signing their Enterprise Partnering Agreement with Defence in February 2020 is clear evidence that the Morrison Government’s Naval Shipbuilding Plan is creating jobs and delivering sovereign capability.“In the first 12 months of the EPA, Saab has been awarded almost $20 million and welcomed 108 new staff across Australia.”Saab Australia is a key partner in the delivery of Australia’s sovereign shipbuilding capability, with almost 600 highly skilled engineers, project managers and specialists delivering defence and security solutions.Today’s announcement means Saab’s CMS will be equipped on six of the RAN’s classes of vessels: Anzac, Canberra, Supply, Arafura, Mine Countermeasures and Military Survey Vessels.“This is another major milestone for the Morrison Government’s investment in a National Naval Shipbuilding Enterprise, where $75 billion will be spent on maritime capabilities over the next decade,” Minister Price said. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:agreement, army, Australia, Australian, Canberra, Defence, EPA, Government, industry, Investment, maritime, military, Morrison, Morrison Government, navy, price, South Australia, supply chainlast_img read more

Campus Q&A: Kambiz Khalili talks achievements on campus, endeavors ahead

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Nov. 2, 2017 Associate Vice Chancellor for Student Affairs Kambiz KhaliliAfter more than 14 years of dedicated service to CU Boulder, Kambiz Khalili, associate vice chancellor for Student Affairs, will be moving on to a new position as the associate vice president for Student Life at the University of Michigan in Ann Arbor.Khalili has served many roles at CU Boulder, starting in 2003 as the director of dining with Housing & Dining Services (HDS), a department where he served in other leadership roles through 2016, including as the department’s executive director.CU Boulder Today sat down with Kambiz to ask him a few questions about his time on campus, the work and legacy he leaves behind and what he looks forward to offering Michigan.You’ve held different leadership positions at CU Boulder, mostly in auxiliary services. What are you reflecting on as you move into a new role at a new university?Working at CU Boulder has been a great experience. There have been many opportunities to learn and work with talented people who have helped me build quality programs and services that make a difference to our students.What are some of the projects or endeavors you have worked on at CU Boulder that may help inform your new role at Michigan?In my new role at the University of Michigan, I will be expanding on my current responsibilities with auxiliary services. This new position requires my oversight on University Housing and Michigan Dining programs, multiple recreation centers and student unions, as well as the Multi-Ethnic Student Affairs program.I feel that my experience working on various building projects with CU Boulder’s Housing & Dining Services, including the building of the C4C and Village Center, as well as the renovations we made in the Kittredge area, will be useful for future growth at Michigan. I’d also like to take the knowledge I’ve gained from our sustainability efforts at CU Boulder and share that. But, more than anything, I hope the work I’ve done in Student Affairs here and what I’ve learned will help me build a bridge—a connection—between myself and the students at Michigan.If you goWho: CU communityWhat: Farewell reception for Kambiz KhaliliWhen: Friday, Nov. 3, 2:30–4:30 p.m.Where: Center for Community Flatirons RoomWhat are some of the projects you worked on at CU Boulder that you are most proud of?Any of the projects I’ve worked on were certainly a collaborative effort by many people and departments. But, I can look back and be proud of my involvement and leadership in the concepts and designs of the C4C and Village Center constructions and Kittredge renovations. Still, I will be most fond of the relationships I’ve built and cherished friendships I’ve made among many of CU Boulder’s staff. I wish them all the best. Go Buffs!Khalili’s last day is Friday, Nov. 3, when a reception, open to the CU community, will be held from 2:30 to 4:30 p.m. in the Flatirons room at the Center for Community.Categories:Deadlines & AnnouncementsCampus Communitylast_img read more

Award Winning Double Cross Vodka In Engraved Bottles For The Holidays

first_imgLinkedin Share Twitter Facebook Home Industry News Releases Award Winning Double Cross Vodka In Engraved Bottles For The HolidaysIndustry News ReleasesSpirits BusinessAward Winning Double Cross Vodka In Engraved Bottles For The HolidaysBy Press Release – September 18, 2015 145 0 ReddIt AdvertisementSeven times distilled, seven times filtered, and made with estate-grown winter wheat and pure, crisp Tatra spring water, Double Cross received a rare 95-point rating from Wine Enthusiast. We won’t name names, but you won’t find any other so-called super premium vodkas scoring that high. Nor will you find any others that have won gold medals for both taste and bottle design at the World Spirits Competition. The New York Times calls it “extremely smooth and charismatic;” Forbes says “Double Cross hit it out of the park.”Master-distilled in small batches in a historic Slovakian village, Double Cross vodka is the perfect gift for a co-worker, boss or business acquaintance, a friend or family member… or for yourself. Have the stunning bottle engraved for a more personal touch, at no extra cost.Double Cross Vodka is available throughout the United States, Ontario, Canada and a selection of other countries. In the U.S. it retails for $39.99 for a 750 ml bottle, and contains 40 percent alcohol by volume.  Double Cross Vodka is the flagship brand of Old Nassau Imports (ONI). Learn more at Pinterest Email TAGSDouble Cross Vodka Previous articleDeborah Detrick Joins Round Pond EstateNext articleLake County Winery and Vineyard Associations Announce Relief Effort Press Releaselast_img read more

M.S. Walker Expands Italian National Wine Import Portfolio

first_imgTwitter Email Pinterest Previous articleSommCon Hosts Iconic Wine Regions of Italy Webinar Sponsored by the Tasting Panel Magazine and the Somm JournalNext articleChampagne Laurent-Perrier Women in Wine Leadership Scholarship Press Release Linkedin Home Industry News Releases M.S. Walker Expands Italian National Wine Import PortfolioIndustry News ReleasesWine BusinessM.S. Walker Expands Italian National Wine Import PortfolioBy Press Release – May 12, 2020 572 0 ReddIt AdvertisementCantina Santa Maria La Palma, Cantina di Sorbara & Corte Sant’Alda Join Company’s Growing National Portfolio of Fine WinesBOSTON, MA – May 12, 2020 – Effective today, M.S. Walker has been named the U.S. importer for Italian wine producers Cantina Santa Maria La Palma, Cantina di Sorbara and Corte Sant’Alda. These esteemed producers join M.S. Walker’s growing portfolio from around the globe and increase its strengthening its commitment to its emerging national portfolio.Sardinian winery Cantina Santa Maria La Palma produces still and sparkling wines, including its well-known Aragosta Vermentino ($14.99). Cantina Santa Maria la Palma has long been a leader for its quality and longevity in the United Sates market. Cantina di Sorbara, which is located in the region of Emilia-Romagna, currently offers multiple Lambruscos that deliver exceptional quality-to-value, including its Lambrusco di Sorbara Omaggio di Gino Freidmann ($14.99). One of the pioneers of quality in the region, Cantina di Sorbara has captured note  with consumers, wine professionals and media, alike.Corte Sant’Alda, which joined M.S. Walker’s portfolio in late 2019, is of Italy’s cult and leading names in the bio-dynamic world. Imported currently is a concise collection of their range, including its Ca’Fui ($28.99), which is the first-ever Tre Bicchieri winner for Valpolicella DOC awarded by Gambero Rosso in 2020.Adding to the success of Il Palazzone and Terenzi, these three partnerships are designed with growth in mind and will quickly expand the footprint for each producer throughout the United States, providing additional marketing and sales support along with consistent inventory to M.S. Walker’s distribution partners. Each of these wineries embody classic and contemporary elements and set a benchmark for quality and tradition in the Italian wine landscape.To learn more about M.S. Walker’s portfolio of wines and spirits, please visit the company’s website. For customer inquiries, please contact Daniel Hubbard at [email protected] M.S. WalkerFounded in 1933, M.S. Walker, Inc. is a New England-based importer & distributor of fine wines and spirits, serving both national and international brands. Based in Massachusetts, the company acts as an Agency Importer of select international spirit brands and several wine brands from around the world, in addition to manufacturing its own brands in Boston, MA.Advertisement TAGSM.S. Walker Share Facebooklast_img read more

Kenefick Ranch Vineyard & Winery Partners with San Francisco’s Truffle Shuffle…

first_imgEmail ReddIt Pinterest Share Home Industry News Releases Kenefick Ranch Vineyard & Winery Partners with San Francisco’s Truffle Shuffle for…Industry News ReleasesWine BusinessKenefick Ranch Vineyard & Winery Partners with San Francisco’s Truffle Shuffle for Unique “Cook Along” Event on March 13 By Press Release – February 9, 2021 164 0 TAGSKenefick RanchTruffle Shuffle Linkedin Previous articleSinegal Estate Launches Details WinesNext articleMovo Wants to Be Your Valen-Wine This Year Press Release Facebook AdvertisementFamily-Owned Winery to be Featured Alongside Team of Michelin-Trained Chefs for Virtual Wine & Dine Event; Limited Spaces Now Available Online Napa Valley, CA – (February 9, 2021) – Kenefick Ranch today announced it has teamed up with San Francisco-based Truffle Shuffle to host an incredible, unparalleled virtual culinary experience. Taking place at 4 p.m. PT on Saturday, March 13, the interactive dinner will be led by a team of Michelin-trained chefs who will teach viewers how to cook a restaurant-quality meal at home; Chris Kenefick, vice president of sales for Kenefick Ranch, will offer his insight on two featured wines he has expertly selected to pair with the dish. “While we wish we could gather together for a meal in-person, we’re excited to host this unique experience as a way to virtually connect with our fellow food and wine enthusiasts,” said Chris. “We’ve really enjoyed interacting with our wine club members and other customers during the pandemic, with monthly wine tastings on Facebook.  We are thrilled to now offer an elevated experience where guests can learn the coveted craft of cooking like a Michelin-trained chef – while enjoying the perfect accompanying wines, of course!”Launched by a group of renowned food and wine industry professionals – including two French Laundry alums – Truffle Shuffle was created to source and provide the finest truffles available. During the pandemic, the brand has pivoted to become the country’s leading live cooking experience, earning accolades from O Magazine, The Kelly Clarkson Show and The San Francisco Chronicle. For each virtual “cook along” event, their team equips viewers with the skills needed to master flavorful and elegant dishes like a true chef.As the featured entrée of the night, Snake River Farms’ steak with bearnaise sauce will be paired with Kenefick Ranch’s 2016 Picket Road White and 2017 Cabernet Sauvignon, Chris’s Cuvee. One bottle of each wine will be included in the package, along with all the ingredients needed to make the entrée for two people.Those interested in purchasing the Truffle Shuffle Package can visit Kenefick Ranch’s online shop at The 90-minute virtual event will begin at 4 p.m. PT. The package price is $195, with a portion of each booking providing a meal to a family in need.About Kenefick RanchKenefick Ranch is a family-owned vineyard located in Calistoga, CA. The vineyard was founded when Dr. Tom Kenefick, a practicing neurosurgeon in San Francisco, first visited – and fell in love with – the Napa Valley. In 1980, he purchased a 250-acre ranch located in the region’s northernmost American Viticultural Area (AVA) – Calistoga, where half the land is planted with grapevines. In 2002, Dr. Kenefick retired from neurosurgery and Kenefick Ranch began producing and selling its own portfolio of award-winning wines. Today, Kenefick Ranch sells its own label, and 90 percent of its grapes to such prestigious labels as Caymus Vineyards, Cade Estate Winery, Eisele Vineyard, and Nickel + Nickel, and winemakers Thomas Rivers Brown and Heidi Barrett. Kenefick Ranch boasts a dynamic wine club, giving oenophiles and novices alike access to an array of benefits including discounts, first notifications of limited releases, invitations to private events, complimentary tastings, vineyard tours, and incentive savings on shipments and anniversary gifts. For more information or to sign up, visit For more information on upcoming events and Kenefick Ranch wines, visit Truffle ShuffleWhile working in the best Michelin Star restaurant kitchens, including The French Laundry, chefs Jason McKinney and Tyler Vorce loved incorporating truffles into their dishes. Sarah, who worked the front of the house at The French Laundry, shared the chefs’ love of truffles. Together, they were in awe of how one dish, made with fresh truffles and a few simple ingredients, could create special, ever-lasting memories for diners. The chefs conceived and launched Truffle Shuffle as an honest truffle company to provide the finest truffle products and consciously sourced and traced fresh truffles. It is their mission to personally source the best-in-class truffles and create the finest truffle products in the world. They also serve and support the community by volunteering and donating a portion of their profits to 1% For The Planet, with the hope of solving the world’s problems, one truffle at a time.Advertisement Twitterlast_img read more

Shaw & China’s Minister of Finance Hold Talks

first_imgAdvertisements RelatedShaw & China’s Minister of Finance Hold Talks RelatedShaw & China’s Minister of Finance Hold Talks RelatedShaw & China’s Minister of Finance Hold Talkscenter_img Shaw & China’s Minister of Finance Hold Talks Finance & Public ServiceJune 20, 2011 FacebookTwitterWhatsAppEmail Jamaica’s Minister of Finance and the Public Service the Hon. Audley Shaw met with his Chinese counterpart Finance Minister His Excellency Xie Xuren on Monday, June 20 in Beijing. The Ministers engaged in a wide-ranging exchange of views on bilateral economic and financial issues. Commenting on the increasing number of high-level visits taking place between Chinese and Jamaica officials, Minister Xie took note of the rapid development of economic and trade relations between China and Jamaica. He praised the Friendly Partnership for Common Development concluded between China and Jamaica in 2005 and credited it with facilitating the strong relationship which exists between both countries. He noted that bilateral trade between China and Jamaica reached a value of US$237 million in 2010.    Minister Shaw recongized the efforts of the Chinese Government to further develop and position Shanghai as an international financial centre. He informed Minister Xie that the GOJ also had plans to develop the City of Kingston as a regional hub for financial services and wished China to consider the basis on which it could utilise Jamaica as a financial centre to support its rapidly expanding business activities in the Latin American and Caribbean region. Minister Shaw also expressed Jamaica’s gratitude for the significant economic support that China provided during the global financial crisis, acknowledging that it had come at a critical time when Jamaica was negotiating a Stand-By Agreement with the IMF. In reference to the JDIP road infrastructure programme, Minister Shaw said that the project was well underway and that China Harbour Engineering Company Limited was providing high quality engineering and construction services, while transferring valuable technical know-how to Jamaicans. He also conveyed the Jamaica government’s gratitude for the financial assistance granted by the Ex-Im Bank of China to the programme. Minister Shaw raised the need for special consideration to be given to Highly Indebted Middle Income Countries (HIMIC) like Jamaica. Noting their limited fiscal space and the restrictions it imposed on vital public spending, he solicited China’s support in encouraging the multilateral financial institutions to support infrastructure investments in HIMIC countries. Both Ministers said they looked forward to the 3rd China/Caribbean Economic and Trade Cooperation Forum due to be staged in Port of Spain later this year. They agreed that it would open new avenues of opportunity in the areas of trade and investment cooperation. Minister Xie said that the Chinese government encouraged Chinese companies to expand trade and investment with Jamaica, based on the principle of mutual interest and benefit. He said that China stood ready to cooperate further with Jamaica in all fields, including the areas of trade and people-to-people relations.  Minister Shaw told Minister Xie that Jamaica was “inspired by the fact that what China earned in revenue for the year 1978, it now earned in just one week”. He assured his counterpart that China’s investment in Jamaica would not be wasted, but “would allow Jamaica to become a little China”.last_img read more

E-Notify rolled out statewide

first_imgE-Notify rolled out statewide Jan 29, 2020 By Jim Ash Senior Editor Top Stories Encouraged by the results of a three-county pilot program, Florida court officials said Wednesday they have launched “e-Notify” statewide.“The e-Notify project has expanded to support criminal case searches throughout the state,” said Office of State Courts Administrator public information officer Paul Flemming.Since October, defendants and other interested parties in Orange, Okaloosa, and Nassau counties have been able to receive digital reminders — via text, email, or both — about pending court appearances and other milestones in criminal cases.“Nobody can even get to the dentist on time without some sort of text or email,” said Okaloosa Court Clerk JD Peacock III. “That’s just the way the world works these days.”E-Notify users are directed to a website where they register for free. In addition to choosing how they are alerted, users also have a choice of when they are alerted — any combination of 14-days, seven-days, or the day before.Peacock, a member of a workgroup that developed the program, said it’s popular in Northwest Florida.“My judges here in Okaloosa County are loving it, they’re all over it,” Peacock said.Judges are urging defendants to register when they issue instructions, Peacock said.The system went online in October, but promotion didn’t begin until December. By January 7, some 90 users had registered, and the system had issued 269 email alerts and 337 text reminders.Flemming described the pilot as “proof of concept,” and says court administrators were pleased with the performance.Some refinements had to be made, including changing the language of the alerts to refer to names instead of case numbers, Flemming said.The system was designed to lower failure-to-appear rates, but court officials soon realized that crime victims, advocates, and others could benefit, too.“We think members of the public with an interest in cases will find it valuable to make sure that they don’t miss any hearings,” said First Judicial Circuit Judge Linda Nobles, another workgroup member. “Others, including the media, now have a valuable resource as well.”Peacock said Sen. Jeff Brandes, R-St. Petersburg, included $750,000 in proviso language into the state budget two years ago to begin development of a digital system that could lower failure-to-appear rates. Lawmakers appropriated $350,000 last year as actual costs became more apparent, Peacock said.Studies show that a similar system significantly reduced failure-to-appear rates for minor offenses in New York City, Peacock said.The system could also be a time-saver for court clerks, Peacock said.“My office gets calls all day long just from people trying to figure out their court dates,” he said.Court officials are studying ways to expand e-Notify to civil cases, but that could be more complicated because the system is less centralized, Peacock said.Polk County Court Clerk Stacy Butterfield, president of Florida Court Clerks & Comptrollers, calls e-Notify “an incredibly helpful tool.”“Technology optimization remains one of our main priorities,” Butterfield said. “Technology enhances our operations, but most importantly, it makes our customers’ lives easier and provides them with more convenient access to our services.”For more information, visit read more

News / Big spike in containership lay-ups mid-peak season a worry for owners

first_img© Kok Keong Ng By Mike Wackett 09/08/2018 Alphaliner’s bellwether containership idle tonnage data has recorded a big spike in vessels being consigned to lay-up, shifting the supply-demand balance back in favour of the charterer.The consultant said the capacity of the idle tonnage fleet had risen to 341,000 teu by the end of July, representing 1.6% of the total global cellular fleet.This is a worrying increase for shipowners, not least because this has happened in the middle of the peak season.Indeed, with the slack season not normally expected until October, Alphaliner said the amount of unemployed tonnage could reach 750,000 teu, or more, by the end of the year.center_img “Capacity rationalisation moves on the Far East-Middle East and Far East-North America routes are expected to further drive down the active fleet in the coming two months, although this will be partly offset by new service launches on the Australia routes,” said Alphaliner.With ocean carriers carrying forward some $1.2bn of red ink from the first quarter, and many likely to post even worse losses for Q2, the container lines have been under significant pressure to ‘stop the rot’.But with fuel prices still rising and freight rate increases not sufficiently compensating for extra costs, the lines have adopted a ‘slash and burn’ strategy of pulling services, cutting capacity and postponing planned new services.And this means the carriers have not taken up options for charter extensions on ships and instead returned as much tonnage as possible to owners.The impact has been for brokers of the redundant ships to try to fix cargo on the spot market for as long as possible, but due to a low level of new enquiries, several owners have opted to tie their ships up and try to ride out the period of slow demand.Consequently, the surplus tonnage is having a negative impact on charter rates and has put the carriers back in the driving seat, able to dictate terms and conditions for any urgent requirements.Non-urgent, or less-commercially sensitive business, is being left on the quayside for oncarriage via an alliance vessel, which could be weeks later.One carrier source told The Loadstar this week that new stricter compliance had been introduced within his company, requiring that any charters had to be signed off at a very senior level.He added that a strong business case had to be made before the carrier would even consider chartering an additional ship.And with demand suddenly drying up, the asset values of ships, which are linked to the market level of charter rates, is beginning to fall again. For example, the value of a 2005-built 4,250 teu panamax ship, as recorded by, has fallen in the past month to $7.25m from $7.65, having recovered from a low of $5m in September 2016.Currently scrap values are at roughly the same level as asset values, which in the current climate could encourage owners to recommence a policy of recycling, thereby rekindling the containership demolition market and slowing the growth of the idle fleet.last_img read more