The City of Baltimore says it plans to pursue "significant" claims against the firms responsible for the Dali, in a bid to compensate the city, its residents and businesses.

The U.S. Department of Transportation reaffirmed the timeline the reopen the Port of Baltimore in a meeting with East Coast port leaders.

The Malaysian flag carrier will reroute flights to avoid airspace over parts of the Middle East, requiring more fuel and spurring the need to lighten its load.

Secretary Yellen said she expects "additional sanctions" against Iran sometime in the coming days.

FBI agents early April 15 boarded the Singapore-flagged container ship, which remains disabled on the Patapsco River. 

Iran’s airspace is frequently utilized by airlines traveling between Europe and India or Southeast Asia.

The safety board says it is currently examining data on the Dali container ship's electronic power system and circuit breakers.

Coal exports will slump 6.3% for the year, according to U.S. Energy Department figures released on April 9.

According to the U.S. Army Corps of Engineers, the hope is have the main shipping channel to the port fully reopened by the end of May.

Avoiding the Suez Canal is raising volumes at European seaports farther from the conflict, leading to more combined sea-air transport through hubs such as Dubai.