Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
Maritime Crime and Piracy Summary, week of 4 May 2011 (Source: ONI)
CARIBBEAN SEA:
GULF OF GUINEA:
ARABIAN SEA:
Indian Ocean Piracy Forecast: 12-14 May
Currents off the Somalia coast are variable with speeds up to 1 knot from the Equator to 5N. Current speeds up to 3.5 kts may be seen along the coast between 5N and 10N. Gulf of Aden conditions remain conducive for piracy attacks through 18 May. Transition to the Southwest monsoon season has begun in the North Arabian Sea, with sustained winds and increased seas. Expect these increased winds and seas to slowly expand westward through the month of May.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,954 members that receive our newsletter.
Have a news tip? Let us know.
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign UpMaritime and offshore news trusted by our 105,954 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up