Latest News
April 24, 2024
Fourth Channel to Open for Vessels Leaving Baltimore Port
A fourth temporary channel will open for four days starting Thursday morning (April 25) to allow ships at the Port of Baltimore to leave, the Maryland Port Administration said in a statement released Wednesday, citing the U.S. Coast Guard captain…
READ MORE >April 18, 2024
General Average Declared Over Key Bridge Collision
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 >April 15, 2024
Fully Automated Container Terminal Unveiled in Korea
Busan New Port has announced the opening of its first entirely automated terminal in Korea (source: Port Technology).
READ MORE >April 11, 2024
FMCSA Issues Exemption from ELD Use in Support of Rerouted Freight
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 >April 9, 2024
Dispelling Myths about Panama Canal Operations
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 >April 3, 2024
Taiwan Hit By Strongest Earthquake in 25 Years
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 >March 27, 2024
Bridge Collapse May Cost Billions, Disrupt Supply Chains
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 >March 26, 2024
Baltimore Ships May Divert to New York, New Jersey Ports
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).
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