Efforts were underway Monday to refloat a container vessel that ran aground in the Maryland portion of the Chesapeake Bay, the U.S. Coast Guard said.
There were no reports of injuries, pollution or damage to the 1,000-foot ship, which grounded Sunday evening, the agency said.
The ship, called the Ever Forward, also isn't obstructing traffic in a nearby navigational channel. But nearby ships are reducing their speed and taking other precautions.
The container ship Ever Forward, which ran aground in the Chesapeake Bay off the coast near Pasadena, Md., the night before, is seen Monday, March 14, 2022. (AP Photo/Julio Cortez)
The Baltimore Sun reported that the ship had left the Port of Baltimore on Sunday and was headed for Norfolk, Virginia, where port terminals serve the Port of Virginia.
The vessel is part of a fleet of cargo ships owned by Taiwan-based Evergreen Marine Corp. The newspaper reported that Evergreen Marine also owns the Ever Given, which became stuck in the Suez Canal in 2021 and caused problems for global shipping.
Karl Farmer, Vice President and Portfolio Managers at Rockland Trust Bank, breaks down why inflation and interest rates may stick at these levels, and why Bitcoin still carries some risks.
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Glen Smith, CIO at GDS Wealth Management, shares how investors can allocate their assets as the market broadens and why he’s eyeing June for the first potential rate cut.