Grace Ocean the Singapore-based owners of the Maersk chartered Dali, which ran into Baltimore’s Francis Key Bridge killing six workers and demolishing the crossing, declared general average on Saturday.
Big name shippers have tens of millions of dollars worth of cargo stuck onboard the container ship MSC Aries seized by Iranian forces on 13 April, according to data from Vizion.
Orient Overseas Container Line (OOCL) reports total revenues were down 9.0% to $1.98 billion for the first quarter ended 31 March 2024, as compared to the same period in 2023.
The US and UK have called for the immediate release of the container ship MSC Aries seized by Iran.
Iranian forces have taken control of a 15,000 teu container ship in the Strait of Hormuz and diverted it to Iran.
Salvors have removed approximately 38 containers from Dali, the containership which remains pinned under the remains of the Francis Scott Key Bridge in Baltimore.
Port of Klaipeda successfully completed its first ship-to-ship LNG bunkering operation this week with LNG supplier Avenir LNG.
The World Trade Organization (WTO) forecast a return to world trade growth in 2024 but highlighted a list of downside risks.