Ship that caused Baltimore bridge collapse moved back to port. Almost two months after colliding with Baltimore’s Francis Scott Key Bridge, the MV Dali cargo ship was hauled away from the site and taken to shore Monday. The Unified Command, a group of local and federal agencies managing the operation, said the Dali was floated …
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DALI BOXSHIP TO BE REMOVED BY MAY 10 Officials expect to have removed the Dali containership from its lodged position in Baltimore port by May 10. The 9,962 teus ship took out the Francis Scott Key Bridge on March 26 and has been wedged onto the bed of the Patapsco River ever since. So far, 3,300 tons of debris …
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SHIPPING HITS OUT AT SCANT COVERAGE OF HIJACKED CREWS The world’s leading shipping associations have highlighted the inequality seafarers face as hostages. “The world would be outraged if four airliners were seized and held hostage with innocent souls onboard. Regrettably, there does not seem to be the same response or concern for the four commercial …
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IRAN THREATENS TANKERS AS PANAMA DENIES REGISTERING IRANIAN-OWNED VESSELS Iran is renewing its threats against tankers and retaliation for actions by the United States to “interfere” with the transportation of Iranian oil. The latest statements came in response to the U.S.’s move in February to seize another shipment of 500,000 barrels of Iranian fuel oil …
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INDIAN NAVY ASSISTS MSC SHIP WITH FIRE AFTER HOUTHI ATTACK MSC Mediterranean Shipping Company confirmed that its vessel MSC Sky II suffered minor damage including a fire after it was struck by the Houthis. The Indian Navy went to the vessel’s aid after the attack and reported that they also escorted the ship to safe waters. The 30,000-dwt vessel is operating …
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THREAT OF STRIKE LOOMS LARGE OVER EAST, GULF COAST PORTS There’s an increasing abundance of skittishness surrounding the future of East and Gulf Coast ports. The labor contract between the International Longshoremen’s Association and the United States Maritime Alliance (USMX) is set to expire at the end of September. The ILA represents some 70,000 dockworkers, …
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CMA CGM UNVEILS NEW-LOOK BOXSHIP From yards in Asia, new look containerships are emerging from drydocks as the sector ushers in a greener era, spending billions of dollars on a next generation of vessels. An eye-catching new delivery came out of South Korea’s Hyundai Heavy Industries (HHI) this week, the 2,000 teu LNG dual-fuel CMA CGM Mermaid (pictured), the first in a …
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ANGELA CHAO, CEO OF GLOBAL SHIPPING FIRM FOREMOST GROUP, DEAD AT 50 Angela Chao, the CEO of New York-based shipping company Foremost Group, has died in a car accident at the age of 50, according to a news release. The Foremost Group is a global dry bulk shipping company whose clients include Cargill Inc., Louis …
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RED SEA-DRIVEN SURGE IN CONTAINER SHIPPING RATES LOSES MOMENTUM Mass diversions of container ships around Africa’s Cape of Good Hope caused spot rates to surge, but the Red Sea effect has a limit, which may have already been reached. Upward momentum has slackened. Rates in most lanes have leveled off. Several indexes for European lanes …
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CONTAINER SHIPPING OUTLOOK 2024: RISING RISK OF DELAYS, DISRUPTIONS The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under …
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