Maritime

Maritime transportation, goods, services and regulation news

Baltimore bridge may trigger historic marine loss, says Lloyd’s of London

Bloomberg | March 28, 2024 | Maritime | Liner Shipping | Ports & Terminals

Insurance payouts for Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd’s of London Chief Executive Officer John Neal.

Maritime disasters shed light on legal future of bridge collapse

Bloomberg | March 28, 2024 | Maritime

Years of legal battles are in store for the owner of the ship that crashed into the Francis Scott Key Bridge in Baltimore this week, to judge by past disasters.

Ford, GM divert shipments as bridge collapse upends supplies

Bloomberg | March 27, 2024 | Maritime | Breakbulk News | Ports & Terminals

The US automotive supply chain will be disrupted by the collapse of the Francis Scott Key Bridge in Baltimore, dealing another blow to America’s automotive ecosystem still recovering from pandemic-related setbacks.

Ship that crashed into Baltimore bridge has a troubled history

Bloomberg | March 27, 2024 | Maritime | Liner Shipping

The ship that struck and destroyed a Baltimore bridge on Tuesday morning has a checkered history, including at least one earlier collision and propulsion worries.

The ‘no-fail’ mission to protect the Red Sea isn’t working

The US and its allies have been trying to stop the Houthis but their attacks on ships continue.

Underwater robots are helping maritime shipping clean up its act

Bloomberg | March 27, 2024 | Green Shipping | Maritime | Technology

A growing army of machines is improving ships’ fuel efficiency by scraping algae, seaweed and barnacles off their hulls.

Dali delivered Ikea furniture, flooring before Baltimore crash

Bloomberg | March 27, 2024 | Maritime | Liner Shipping

Yang Ming’s statement on media report regarding its fleet renewal plan

AJOT Newsroom | March 27, 2024 | Maritime | Liner Shipping

Baltimore bridge collapse: Container xChange sees significant impact on local port and economy, limited effect on US economy overall

AJOT Newsroom | March 27, 2024 | Maritime | Liner Shipping | Ports & Terminals

Dry Weekly Market Monitor - week 13.2024

AJOT Newsroom | March 27, 2024 | Maritime | Bulk

Snapshot of spot freight rates, supply-demand trends, port congestions

Maritime

AJOT Newsroom | March 27, 2024

Aloha Marine Lines launches new barge built by Gunderson Marine & Iron

Aloha Marine Lines has added a new barge to its fleet to serve customers in the Seattle to Hawaii trade lane.

[Freightos Weekly Update] Baltimore bridge collapse likely to have some regional impact

Titanic law helps ship owner limit liability in bridge collapse

Bloomberg | March 27, 2024 | Maritime

The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims after the accident sent vehicles plunging into the water and threw the eastern US transportation network into chaos.

Maritime

Stas Margaronis | March 26, 2024

Port of Richmond seeks upgrade and new business

The Northern California Port of Richmond plans investments to improve its infrastructure and enhance its car, bulk, and liquid bulk shipping businesses, according to Charles Gerard, Director, Port of Richmond...

Chinese port in Peru faces surprise challenge to business model

China’s $1.3 billion port in Peru is facing a surprise challenge that could upend its business model, just months before its inauguration later this year.

Auto supply chains face delays on Baltimore bridge collapse

Bloomberg | March 26, 2024 | Maritime | Breakbulk News | Ports & Terminals

Vital Baltimore bridge collapses after being struck by ship

Bloomberg | March 26, 2024 | Maritime | Bulk | Ports & Terminals

A major commuter bridge in Baltimore collapsed after being struck by a container ship, causing vehicles to plunge into the water and halting shipping traffic at one of the most important ports on the US East Coast.

China files WTO complaint over US electric-vehicle subsidies

Bloomberg | March 26, 2024 | International Trade | Maritime | Breakbulk News

China is taking its dispute with the US over electric-vehicle subsidies to the World Trade Organization, challenging elements of President Joe Biden’s signature climate law passed in 2022.

OceanScore identifies EU ETS best practice to tackle ‘strategy gaps’ on compliance

AJOT Newsroom | March 26, 2024 | Green Shipping | Maritime | Technology

Many shipping companies are still striving to define their strategy for EU ETS compliance some 90 days after implementation of the complex regulation, according to OceanScore, as it leverages lessons learned from clients to date to define best practice.