Evergreen has set a new record for containership prices by contracting for eleven LNG dual-fuel 24,000 teu ships split between South Korea and China, with Hanwha Ocean and CSSC Guangzhou Shipyard International. At $267.3m per megamax, this is $103m more than similar ships ordered in 2020, making it the highest price ever agreed upon for container vessel construction. Despite recent easing in newbuilding prices across sectors, the newbuild prices in the 2020s remain elevated, marking one of the most profitable decades for shipping according to Clarksons Research.
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Salon chain HairFun admits to unfair practices targeting elderly customers
Read a summary of this article on FAST.SINGAPORE: Hair salons under the HairFun brand engaged in unfair trade practices, particularly targeting elderly consumers, leading to investigations by the Competition and Consumer Commission of Singapore (CCCS). Complaints indicated that HairFun misled customers into purchasing unnecessary treatment packages and charged exorbitant fees without consent, resulting in refunds totaling approximately S$12,500. The HairFun companies admitted to these practices and have committed to cease such conduct while promising to...
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