Damaged bulker Ruby can finally unload volatile cargo, at UK's Gt Yarmouth port
Malta-flagged MV Ruby, the crippled bulk carrier with 20,000 tonnes of Russian ammonium nitrate aboard, has ...
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
An interesting comment by Clay Maitland on Splash24/7. Would the El Faro tragedy have happened if it wasn’t for the outdated Jones Act? A 40-year-old ship, sailing in hurricane season from Jacksonville, loses propulsion. The problem, he notes, is that US shipyards are about four times more expensive as Chinese ones, the consequence of which is to ensure that the US fleet is going to get older and older, with few replacements. The answer could be subsidies for shipyards, or a change in the law. But will Congress ever act?
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