Debris is cleared from the collapsed Francis Scott Key Bridge as efforts begin to reopen the Port of Baltimore on March 31, 2024, in Baltimore, Maryland. Tasos Katopodis | Getty Images News | Getty Images Coast Guard officials tell CNBC the secondary channel that is being created in the southwest channel of the Port of … Read more
CSX train at Seagirt Marine Terminal, Port of Baltimore. Baltimore Sun | Tribune News Service | Getty Images CSX is starting a new dedicated freight rail service between Baltimore and New York for its clients on Tuesday to help mitigate the trade disruption as a result of the closure of the Port of Baltimore after … Read more
At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting … Read more
The cargo ship Dali sits in the water after running into and collapsing the Francis Scott Key Bridge on March 26, 2024 in Baltimore, Maryland. Kevin Dietsch | Getty Images Engineers in Maryland on Saturday began lifting a piece of Francis Scott Key Bridge out of the waterway in Baltimore, the first step in a … Read more
Each year about 90% of world trade is transported by ship, according to the World Economic Forum. While commodities like oil and grain make up 40% of that cargo, large steel containers, filled with appliances, smartphones, and couches, make up the remainder. With its fleet of over 670 vessels, Maersk, one of the world’s largest … Read more
When a massive cargo ship ran into and collapsed the Francis Scott Key Bridge in Baltimore, Maryland, earlier this week, it created a huge mess in the water. Now, an equally huge crane has been deployed near the wreckage to help clean it up. In fact, this crane is apparently the largest on the Eastern … Read more
MSC, the largest ocean carrier in the world, has joined the list of ocean carriers terminating the delivery of diverted containers outside of the port for shipping clients as a result of the container ship accident near the Port of Baltimore that led to the tragic bridge collapse. With the Baltimore port indefinitely closed, the … Read more
Rep. Dan Meuser (R-Pa.) on Thursday criticized President Joe Biden for calling on Congress to pay for the cost of fixing the Francis Scott Key Bridge in Baltimore after it was struck by a ship and collapsed this week, leaving six people presumed dead and a major shipping port closed for the foreseeable future. “It … Read more
At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting … Read more
Baltimore’s Francis Scott Key Bridge collapse could cost insurers billions of dollars in claims, analysts say, with one putting it at as much as $4 billion, which would make the tragedy a record shipping insurance loss. Six people are still missing after a collision with a Singapore-flagged container ship destroyed the landmark bridge on Tuesday, … Read more
