High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
After losing power and steering on the Mississippi River late Tuesday evening, the Maltese-flagged bulk carrier Flag Gangos allided with the 105,000 ton deadweight Liberian flagged oil tanker Pamisos and the barge Web 235. Both vessels were moored at the International Matex Tank Terminal near mile marker 97.4 conducting transfer operations, according to a U.S. Coast Guard statement.
The crew of the towing vessel Capt. Shawn D. Martinez was transferring number six fuel oil from the barge when the barge broke free causing some oil to be discharged into the river from the transfer hose. The hose was shut off immediately following the incident.
The USCG says that responders on scene have deployed boom in the area of the incident and that both the vessel Pamisos and the barge sustained damage, no injuries were reported.
Coast Guard Captain of the Port, New Orleans, has implemented one-way traffic in the vicinitiy of the International Matex Tank Terminals near Gretna.
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