Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
Durban-based salvage company Subtech released the following photos of the salvage operation they are currently conducting off Richards Bay, South Africa involving the bulk carrier, MV Smart.
The salvors are currently removing the heavy fuel oil from the ship’s tanks, a process which may likely be completed within a week according to reports.
Full coverage of the MV Smart grounding can be found HERE.
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