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Ocean Transportation: Page 69

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

Underwater Robots Are Helping Maritime Shipping Clean Up Its Act

Neptune's robot cleans up biofouling: the algae, seaweed, barnacles and other organisms that accumulate on hulls, adding drag and reducing fuel efficiency.

A demo at the Neptune Robotics facility in Shenzhen shows one of the company's robots in a room built to simulate the curvature of a ship...s hull and muddy water conditions.

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

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

Vital Baltimore Bridge Collapses After Being Struck by Ship

The early morning disaster at the Francis Scott Key Bridge will cause huge disruption — both for shipping at one of the busiest ports on the U.S. East Coast and on the roads.

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

MARAD to Ships: Turn off Transponders in Red Sea

The advisory also highlights Houthi deceptive communications, provides information on the new Joint Maritime Information Center, and updates other threat info.

Image: iStock.com/PeterHermesFurian

Dubai Firm Loses Bid to Escape Sanctions on ‘Shadow Fleet’

Lawyers for Fractal Marine DMCC, argued that the company, which was set up in early 2022, would be forced into liquidation unless the measures were lifted.

Fractal was one of several firms that sprouted in early 2022 shortly after a Group of Seven price cap and wider western sanctions on Russian oil. Photographer: Ali Mohammadi/Bloomberg

Top Russia Grain Trader Says Exports Blocked by Agricultural Watchdog

The comments are the latest sign of upheaval among traders in Russia, the world’s top wheat exporter.

Torun, Poland. Photo: Bartek Sadowski/Bloomberg

Watch: The Long-Term Impact of the Red Sea Crisis on Retail Supply Chains

Sameer Anand, supply chain leader with EY-Parthenon Americas, discusses how retailers and brands are altering their sourcing strategies in response to the latest global supply chain disruption.

The Long Term Impact Of The Red Sea Crisis On Retail Supply Chains

IMO Heading for ‘Robust’ Pollution Fee

The news comes after critics of the IMO warned that if it did not accelerate its efforts, more individual countries would begin to adopt legislation setting their own standards.

The International Maritime Organization building in Lambeth, London. Photo: iStock.com/Anastasia Yakovleva

U.S. Imposes Sanctions Against Shipping Company Allegedly Linked to Houthi Financier

The U.S. Department of the Treasury claims that a vessel owned by Vishnu Inc. has been involved in "illicit shipments" to China, in support of Iran-backed Houthis.

Photo: iStock.com/brunette

Drought Threatens to Snarl Mississippi River Traffic for a Third Year

Low flows on the Mississippi could have potential impacts on those navigation and commercial interests that depend on water from the river, NOAA said.

Low water levels on the Mississippi River in Memphis, Tennessee, U.S., in late 2022. Photographer: Houston Cofield/Bloomberg

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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