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 ...
JBHT: STATUS QUO GM: PARTNERSHIP UPDATEEXPD: NOT SO BULLISHEXPD: LEGAL RISK UPDATE WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADE
JBHT: STATUS QUO GM: PARTNERSHIP UPDATEEXPD: NOT SO BULLISHEXPD: LEGAL RISK UPDATE WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADE
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 Would the El Faro tragedy have happened if it wasn’t for the outdated Jones Act?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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