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,...
One person has died and another is missing after a skiff carrying crew members from an American tug capsized in Port Allen Route near Belle River, Louisiana on Monday.
The U.S. Coast Guard said watchstanders at Coast Guard Sector New Orleans received a report at 9:50 p.m., Monday, that a 14-foot skiff carrying four crew members from the ITV Melvin L. King struck a towing vessel and all four people entered the water at mile marker 41.
Two people were rescued on the bank of Port Allen Route. One body was recovered by the Iberville Sherriff Office. One crewmember is still missing.
The Port Allen Route is closed from mile marker 41 to mile Marker 55.
The cause of the incident is under investigation.
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