The outfall of the fateful allision between the 9,971 TEU container ship, Dali, and Baltimore’s Francis Scott Key Bridge in the early hours of March 26 could last ‘many years’ and test global shipping’s mutual insurance system to its limits...
Payment processing and document delays are adding to the shipping industry’s costs at the rate of a minimum of $25/box on an estimated 50% of loaded containers moved according to one industry observer.
The crew of the container vessel Dali prevented further casualties by issuing a mayday signal as the ship lost power and control on the approach to the Francis Scott Key Bridge.
The terrible vessel allision at Baltimore’s Francis Scott Key Bridge - part of the I-695 motorway over the Patapsco River - will leave the Port of Baltimore closed for an indeterminate, but certainly considerable, length of time.
The UK's Bathside Bay project in Harwich has had its plans for a 117 hectare wildlife sanctuary approved by local authorities.
Shippers are concerned that shipping lines are using the EU Emissions Trading System (EU ETS) as a cash point, charging their customers more than just the cost of covering the carbon mitigation charge.