Containers lost at sea drop to lowest level on record
The World Shipping Council (WSC) has released its annual report on containers lost at sea, showing a significant decrease to 221 containers lost in 2023, the lowest number recorded since the survey began in 2008.
ILA stops negotiations with USMX with deal set to expire at the end of September
One day before talks were scheduled to take place between the International Longshoreman’s Association (ILA) and the United States Maritime Alliance (USMX), regarding their soon-to-expire labor agreement, at the end of September, the ILA said earlier today it has suspended talks, at a time when negotiations of local agreements under the parties’ coast-wide Master Contract were ongoing.
Baltimore port, key East Coast maritime lane, is set to reopen following bridge collapse
Less than three months after the main spans of the Francis Scott Key Bridge became a mangled wreck in the Patapsco River, they are now almost entirely gone. And so the 700-foot wide full shipping channel is scheduled to reopen June 10 outside Baltimore.