U.S. President Donald Trump said he may get involved in a deepening crisis in the Navy after its top civilian on Monday ridiculed a revered former commander whose letter pleading for help for his coronavirus-stricken aircraft carrier was leaked…
Trump Says May Jump Into Navy Furor After Captain Ridiculed in Speech Read More »
Ships must be allowed to change over overworked and exhausted crews to help to keep trade flowing as coronavirus lockdowns shut many transit points across the globe, shipping industry officials said on Tuesday.About 90% of world trade is transported…
Shipping Industry Urges Free Movement of Crews to Keep Trade Moving Read More »
Researchers looking for an ecologically and economically sustainable way to replace fossil fuels are exploring how suitable fuel oils made from biomass and waste plastics are for power plants and ship diesel engines.Internal-combustion engine…
VTT Studying Bio- and Waste-based Oils for Ships Read More »
Hedge fund managers sensed oil prices were nearing a turning point last week, and for the first time in more than two months started to add long positions in anticipation prices would bounce from an unsustainable low.Overall, hedge funds and…
As Oil Crisis Deepens, Hedge Funds Sense a Turnaround Read More »
What might not be so obvious in this COVID-19 environment, which we have grown to associate with shortages, is that counterintuitively there are issues beginning to appear dealing with the opposite situation. The Journal of Commerce has reported…
COVID-19 Impacts on Demurrage and Detention Read More »