Archive: April 2024

April 18, 2024


General Average Declared Over Key Bridge Collision

Singapore-based Grace Ocean, the owner of the M/S Dali containership involved in the collision with the Francis Scott Key Bridge in Baltimore on March 26, resulting in its collapse, has officially declared general average. The declaration of general average in…

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April 9, 2024


Dispelling Myths about Panama Canal Operations

Now nearing the end of the dry season, the Panama Canal is adapting to the climate conditions. Based on the present and projected water level of Gatun Lake, and due to the Operational Water Strategy (OWS) that the Panama Canal…

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April 3, 2024


Taiwan Hit By Strongest Earthquake in 25 Years

Taiwan’s strongest earthquake in a quarter century leveled dozens of buildings on the eastern side of the island, killing at least nine people and disrupting semiconductor production at some of the world’s leading chipmakers (source: Bloomberg).

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