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,...
The U.S. Coast Guard on Wednesday suspended its search for a missing crew member of containership between Bayonne, New Jersey, and Ocean City, Maryland less than 24 hours after the man was reported missing.
The Coast Guard says it was notified of the missing man at approximately 4:30 p.m. Tuesday by the 600-foot, Marshall Islands–flagged freight ship Ibrahim Dede. The crew member was last reported aboard the ship after departing Bayonne, New Jersey and was discovered missing while the ship was in transit to its next port.
The Coast Guard said that the search lasted from 4:30 p.m. Tuesday and to 3:30 p.m. Wednesday and covered areas along the coast from Bayonne to Ocean City. The Coast Guard also searched farther north up to New York Harbor and as south as Chincoteague, Virginia.
The freight ship Ibrahim Dede continued en route to Norfolk International Terminal where it is currently docked, the Coast Guard said.
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