Singapore-based Grace Ocean, the owner of the M/S Dali containership involved in the collision with the Francis Scott Key Bridge in Baltimore on March 26, resulting in its collapse, has officially declared general average. The declaration of general average in…
READ MORE >Busan New Port has announced the opening of its first entirely automated terminal in Korea (source: Port Technology).
READ MORE >In the wake of the Francis Scott Key Bridge collapse and the Port of Baltimore’s temporary closure, the FMCSA has granted special authority to local drivers who operate without electronic logging devices (ELD) to continue to work with rerouted freight.…
READ MORE >Now nearing the end of the dry season, the Panama Canal is adapting to the climate conditions. Based on the present and projected water level of Gatun Lake, and due to the Operational Water Strategy (OWS) that the Panama Canal…
READ MORE >Taiwan’s strongest earthquake in a quarter century leveled dozens of buildings on the eastern side of the island, killing at least nine people and disrupting semiconductor production at some of the world’s leading chipmakers (source: Bloomberg).
READ MORE >The collapse of Maryland’s Francis Scott Key Bridge Tuesday after it was struck by a cargo ship continues to block access to the Port of Baltimore and could disrupt shipping flows across the U.S. The Port of Baltimore handled over $80…
READ MORE >East Coast ports including in New York, New Jersey and Virginia are positioned to handle additional ships if the Baltimore bridge collapse leaves terminals there inaccessible, potentially easing impacts on global trade flows (source: AJOT).
READ MORE >India Customs will auction abandoned or long-dwelling consignments at Nhava Sheva in a bid to dispose of export goods left uncleared by cargo interests (source: The Loadstar).
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