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Grace Ocean and Synergy to pay over US$100 million for Baltimore bridge collapse

Grace Ocean, the owner, and Synergy Marine, the operator of the container ship Dali, which destroyed the Francis Scott Key Bridge in Baltimore in...

Baltimore accuses Dali owner and manager of negligence and recklessness

Baltimore City Council is seeking compensation from the owner and manager of the container ship Dali over the Francis Scott Key Bridge collapse. In papers...

Temporary channel opens in Baltimore to facilitate ship traffic after bridge collapse

The Captain of the Port of Baltimore established the Fort Carroll Temporary Alternate Channel, which is on the northeast side of the main channel...

FBI opens investigation into Baltimore bridge fatal accident

The Federal Bureau of Investigation (FBI) is conducting a criminal investigation into the fatal accident of the 10,000 TEU container vessel Dali, which destroyed...

Baltimore bridge collapse has not triggered rate increase

The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it...

Dali owners seek to limit damages payments

Grace Ocean, the owner of the 10,000 TEU ship that collided with Baltimore’s Francis Scott Key bridge, has filed a petition asking the courts...

With Baltimore out, Maersk plots alternative services through eastern North America

Maersk Line is ready to offer services through several gateways from eastern Canada, down to the southern Atlantic Ocean and US Gulf, as it...

Clean-up operation set to start in Baltimore after bridge collapse

US Navy engineers have sent two cranes mounted on barges to begin the clear-up operation following the collision of the Maersk-operated Dali and the...

MPA assists US Coast Guard after Baltimore bridge collapse: Latest updates and classification investigation

Chief Executive of the Maritime and Port Authority of Singapore (MPA Singapore) Teo Eng Dih has extended to Admiral Linda L. Fagan, Commandant US...

Hope for Baltimore bridge survivors vanishes

Any hope of rescuing victims following the collapse of Baltimore’s Francis Scott Key bridge has evaporated according to the US Coast Guard, which called...
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WiseTech Global takes over Australian GTM solution provider

WiseTech Global, developer of the CargoWise logistics platform, has announced an agreement to acquire BSM Global, an Australian-based provider of global trade management (GTM)...

Weekly Highlights of Container Shipping Companies Stocks

The container shipping sector experienced a dynamic week marked by fluctuations in stock prices, reflecting broader economic trends, trade dynamics, and geopolitical developments. Amid concerns...

Evergreen diversifies into real estate to manage volatility

Evergreen Marine Corporation (EMC) has invested US$153 million to acquire real estate in New Jersey, US. The Taiwanese liner operator’s president, Wu Kuang Hui, said...

How US agencies made a success of “complex” Dali salvage

All salvage operations are complex and have their own particular challenges, but few recoveries can have had so many elements of potential danger as...