Coastal shipping initiative wins DOT recognition

Grace Ocean and Synergy Marine will pay nearly US$ 102m to settle claims for costs related to the Francis Scott Key Bridge collapse.

The Port of Baltimore has secured a US$ 31m grant for the Dundalk Terminal upgrade as the port recovers from the Francis Scott Key Bridge collapse, now handling 90% of the ships it managed a year ago.

Florida ports have suspended all vessel traffic in preparation for Hurricane Milton, as Floridians flee their homes amid mass evacuations.

Several Florida ports, including Port Canaveral and JAXPORT, have fully reopened after Hurricane Helene, though delays in vessel schedules persist.

Ports across Florida have suspended vessel operations as Hurricane Helene makes landfall.

An insurance package worth up to US$ 50 million has been brought to the market by Marsh, available to shipping ports and terminals around the world.