OMAHA, Neb., March 27, 2024 /PRNewswire/ -- Early on Tuesday morning, tragedy struck as the Francis Scott Key Bridge in Baltimore, Maryland succumbed to collapse following a collision by the 10,000 container-capacity vessel "Dali" which had lost power while enroute from the U.S. to Colombo, Sri Lanka.
Regrettably, the aftermath of the incident has left at least six individuals unaccounted for. Our hearts and sympathies extend to all those affected by this unfortunate event.
The repercussions of this disaster are anticipated to cause delays and disruptions to the supply chain. The port of Baltimore is the 11th largest port in the nation and more than 52 million tons of foreign cargo, worth some $80 billion, were transported out of the port last year, according to Maryland Governor Wes Moore.
In consideration of these developments, NEI would like to communicate the latest insights provided by our household goods service partner, Champion International Moving, to help in understanding the current circumstances:
Vessel traffic into and out of the Port of Baltimore is suspended until further notice, but the port remains open for truck transactions.
Cargo that was intended for Baltimore will likely be discharged at nearby ports and reach their final destination by landside transportation.
The bridge (a part of Interstate 695) offered a key transport link between Washington, Baltimore, Philadelphia, and New York.
Delays should be expected on any household goods shipments to/from the Port of Baltimore as well as at nearby ports.
This situation is evolving rapidly, and we will continue to monitor the area and provide updates. NEI and our service partners will keep clients advised of any specific shipments affected, as well as future shipments and the supply chain as we learn more.
If you have any question about this situation, please contact your NEI Client Relations Manager at 800.533.7353 at any time.
This material has been prepared for informational purposes only and is not intended to provide, and should not be relied on for tax, legal or accounting advice. Please consult your own tax, legal and accounting advisors before engaging in any transaction.
(BSE: LUC) Please view PDF version
Lucara Diamond Corp. ("Lucara" or the "Company") today reports its results for the quarter ended March 31, 2024. All amounts are in U.S. dollars unless otherwise noted.
Q1 2024 HIGHLIGHTS:
The Karowe Mine has...
Tocvan Ventures Corp. (the "Company") (WKN: TV3/A2PE64), is pleased to announce that it has closed a final tranche of its previously announced non-brokered private placement of Units ("Units"), for gross proceeds of $420,560 (the...
Getty Copper Inc. ("Getty," or "The Company") is pleased to report drill results from the first two holes of its late 2023 drill program at the Glossie occurrence on its Highland Valley property near Logan Lake, B.C. The best interval in the first...
Cameco has announced the election of eight board members at its annual meeting held on May 9, 2024.
Shareholders elected board members Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Kathryn Jackson, Don Kayne, Dominique Minière...
Denison Mines Corp. ('Denison' or the 'Company') is pleased to report that the nominees listed in the management proxy circular dated March 28, 2024 (the "Circular") for the Annual General Meeting of Shareholders held in Toronto today (the...
Source Energy Services Ltd. ("Source" or the "Company") is pleased to announce its financial results for the three months ended March 31, 2024. Q1 2024 PERFORMANCE HIGHLIGHTS Key achievements for the quarter ended March 31, 2024 include the...