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,...
Summary: (source: ONI Maritime OPINTEL Report)
NIGERIA:
INDIAN OCEAN:
SINGAPORE STRAIT:
Indian Ocean Piracy Forecast:
Weather conditions are expected to remain relatively calm despite the current monsoon season, creating conditions conducive to small boat activity throughout the piracy operating area, particularly in the Arabian Sea, Somali Basin, and Gulf of Aden. It should be noted that while attack levels have decreased this week, there are still a number of suspicious approaches reported, indicating pirate operations are ongoing.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,932 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 105,932 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up