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Recent Articles

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Commentary: Port of Baltimore closure after bridge collapse expected to have minimal impact on global trade, as it isn't as integral to trading lines as likes of Suez Canal; temporary impact on global trade could relate to coal industry

Commentary: Port of Baltimore closure after bridge collapse could cost US$15M/day in lost economic activity; collapse to also displace trucking, railways and other segments, pushing daily losses into tens of millions of dollars until shipping lane reopens

Allianz Global marine risk expert says cargo shipping industry getting safer overall despite 'very rare' mishap like Baltimore bridge collapse; however, growing ship sizes in recent decades have made shipping mishaps more complex, potentially catastrophic

Minister of Transport announces C$16.8M investment at Port of Montreal to add 500 meters into railway network of Pie-IX bridge and boost the port's commercial value by over C$1B annually; project to add fourth track to bridge and build storage area

Bridge collapse disrupts shipping at port of Baltimore, the busiest US port for car shipments, which handled 847,158 vehicles in 2023; GM and Ford reroute affected shipments, while VW's operations remain unaffected

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