The biomass fuel plant would use a gasifier to create and contain gases that would then be used to power a generator which could propel the bioship.

According to data from the National Retail Federation, monthly U.S. ocean imports are expected to crest the two million TEU mark by the end of May.

Baltimore Port officials said they hoped to move the Dali within two days.

According to S&P Global, seaborne containerized freight imports into the U.S. rose by 8% year-over-year in April.

Descartes estimates that China was responsible for roughly 34% of U.S. container imports in April, primarily driven by "consumer-oriented" goods.

The Seaman’s Manslaughter Statute creates criminal liability for the negligence of mariners and vessel owners or operators that results in the loss of life on the waters of United States

Ex-Asia rates have increased by around $1,000/FEU since the end of April, climbing to $4,000/FEU for routes to the U.S. West Coast and Northern Europe.

Maersk also says that vessels will likely continue rerouting around Africa's Cape of Good Hope "for the foreseeable future." 

When sanctions were placed on Russian oil sales following the war in Ukraine, the Laconian Gulf became a key spot for switching cargoes between vessels, prompting environmental concerns.

Although Houthis have regularly hit vessels in the southern Red Sea and Gulf of Aden since November 2023, there's little evidence they can do so beyond those waters.