port News

Marine Insurance Losses Projected Below $250M From Beirut Blast

LONDON — Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on Monday. Overall …

Sources: Insured Losses From Beirut Blast Seen Around $3 Billion

Insured losses from the Beirut port warehouse explosion are likely to total around $3 billion, similar to those from an explosion at the Chinese port of Tianjin in 2015, industry sources and analysts say. The blast on Tuesday, the biggest …

Chemical Spill at Washington Port Contained

A Tacoma Fire Department hazmat crew is cleaning up a chemical spill that was discovered as workers were unloading a cargo container from a ship at the Port of Tacoma. Fire Department spokesman Joe Meinecke says firefighters were called just …