Real-life measurements, collected by the Cleanship project, will provide insights into the actual effect of wind-assisted sails on commercial vessels. Uni-Tankers’ M/T Jutlandia Swan has been equipped with four wing sails, known as VentoFoils.
Crowley, a leader in logistics, marine and energy solutions, is expanding ocean shipping services with its first-ever route between the U.S. Northeast and Central America.Utilizing Crowley’s new Avance Class vessels, powered by liquefied natural gas (L…
Crowley Expands International Shipping By Connecting U.S. Northeast and Central America Read More »
President Donald Trump said on Tuesday that China can continue to purchase oil from Iran after the U.S. bombed the OPEC member’s nuclear facilities and hoped that China would also buy “plenty” of it from the United States.”China can now continue to pur…
Trump Approves Chinese Purchasing of Oil From Iran Read More »
Carnival Corp raised its annual profit forecast after beating second-quarter estimates on Tuesday, driven by the highest margins the company has achieved in nearly 20 years, sending its shares up almost 8% in morning trading.Sea-based vacations continu…
Carnival Raises Annual Profit Forecast As Cruise Demand Continues Read More »
Oil prices also plunge again, while broader markets firm on peace initiative
US-listed tanker stocks fall again as fragile ceasefire holds Read More »