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,...
Some incredible video coming from Nicaragua earlier this week showing a collision between a general cargo ship and smaller passenger vessel on the Escondido River.
The incident was captured on video by a passenger of the smaller vessel, identified as the Captain D:
The Nicaraguan Navy confirmed the incident occurred Tuesday morning on Nicaragua’s Escondido River approximately 25 miles east of El Rama. All 4o passengers and crew members of the Captain D were rescued before the ship sank a few hours of the crash, the Navy said.
The Antigua and Barbuda-flagged Jan Caribe has a gross tonnage of 2770. The ship was built in 1988.
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