Despite those disruptions, Maersk still lowered its expected operating loss for the year from $5 billion to between zero and $2 billion.

Demurrage charges for rerouted containers waiting at East Coast ports could add up to as much as $3.9 million each week. 

Flying Tiger initially chose to pay the increased price to get its goods home but is now trying to get the money back in the Maritime and Commercial Court.

There are currently four temporary channels in use, mostly limited to smaller essential vessels needed to clear the wreckage.

While significant, the extra emissions are a fraction of what the shipping industry spews into the atmosphere each year.

Officials in Baltimore established a temporary channel so essential ships can traverse the harbor for the first time since the Singapore-flagged ship Dali collided with the bridge on March 26.

The Danish Maritime Authority said that the ship provided insurance documentation from Gard AS, but Gard said it wasn’t the insurer at the time of the collision.

The attacks on Red Sea shipping have forced carriers to reroute their vessels around Africa’s Cape of Good Hope, resulting in increased cost. But that hasn’t fazed New Balance.