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Global Gateways: Page 48

Owner, Manager of Ship that Crashed into Baltimore Bridge File to Limit Liability For Costly Collapse

The two companies' joint-filing was submitted on April 1, and would look to limit their legal liability to $43.6 million.

Francis Scott Key Bridge Baltimore I Stock 577328166

Panama Canal Will Need Rest of Year to Recover From Drought

La Niña is expected to usher in ample rains in a matter of weeks, providing relief after record dryness afflicted the key transit channel in 2023.

Photo: iStock.com/Federico Barbieri

Secondary Route Lets Small Vessels into Baltimore Port for First Time Since Bridge Collapse

A majority of the vessels permitted in the secondary channel will be ones helping with cleanup efforts for the collapsed Baltimore bridge.

Baltimore Francis Scot Key Bridge I Stock 470678021

Why Congestion Could Be on the Horizon for Port of L.A. Headed into Peak Months

A growing economy, drought conditions at the Panama Canal, and systems not designed to plan for trucking schedules could all spell trouble for the Port of LA in the months to come.

The Port of Los Angeles, Los Angeles, California. Photo: iStock.com/viavado

Baltimore Ship Accident Has East Coast Ports Scrambling to Absorb Cargo

U.S. East Coast ports are modifying their operations to absorb cargo diverted from Baltimore harbor, where salvage specialists are clearing debris from the destroyed Francis Scott Key Bridge.

A U.S. Coast Guard helicopter flies over the Dali container vessel after it struck the Francis Scott Key Bridge in Baltimore, Maryland, U.S., on March 26. Photo: Bloomberg

Biden Administration to Release $60M for Rebuilding, Recovery After Collapse of Baltimore Bridge

The Biden Administration had immediately pledged to pay to rebuild the Key Bridge out of federal funds.

Francis Scott Key Bridge Baltimore I Stock 577328166

Baltimore Bridge’s $2 Billion Rebuild Starts With Clearing Ship

A salvage firm that helped contain the Deepwater Horizon oil spill and safely demolished part of New York’s Tappan Zee Bridge with explosives is heading to Baltimore.

A U.S. Coast Guard helicopter flies over the Dali container vessel after it struck the Francis Scott Key Bridge in Baltimore, Maryland, U.S., on March 26. Photo: Bloomberg

Lloyd’s of London Says Baltimore Bridge Collapse Could Lead to Record Insurance Loss

Barclays said claims for damage to the bridge alone could reach $1.2 billion, along with hundreds of millions of dollars for business disruption caused by the port’s closure.

Photo: iStock.com/abriggs21

Collapse of Baltimore Bridge Highlights the Cost of Failing to Safeguard Critical Spans

The collapse of Baltimore's Francis Scott Key Bridge raises urgent questions about the vulnerability of infrastructure that keeps ships flowing through vital U.S. ports.

Baltimore Francis Scot Key Bridge I Stock 470678021

The ‘No-Fail’ Mission to Protect the Red Sea Isn’t Working

For all the costly hardware the U.S. and its allies have thrown at Houthi rebels, they haven’t been able to stop the attacks on freighters and warships in the Red Sea.

Ismailia, Egypt. Photo: iStock.com/vale_t

Ford, GM Divert Shipments as Bridge Collapse Upends Supplies

Baltimore for years has been the top U.S. vehicle-handling port, with more than 847,000 cars and light trucks processed through there last year.

A U.S. Coast Guard helicopter flies over the Dali container vessel after it struck the Francis Scott Key Bridge in Baltimore, Maryland, U.S., on March 26. Photo: Bloomberg

Incident at Baltimore Bridge Wasn't First Crash for Dali Container Ship

According to Vessel Finder, the Dali hit a stone wall at the port of Antwerp in Belgium on its way to Bremerhaven in 2016.

The Dali container ship. Photo: iStock.com/viper-zero

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