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☆ Here's what we know about the Singapore-flagged container ship that hit the Baltimore bridge
▼ + stars: | 2024-03-27 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

The Key Bridge was hit by a ship and collapsed on March 26, 2024. The incident, which has wreaked havoc at one of the country's busiest ports and sparked fears about supply chain disruption, has raised questions about the Singapore-flagged container ship involved. In an aerial view, cargo ship Dali is seen after running into and collapsing the Francis Scott Key Bridge on March 26, 2024 in Baltimore, Maryland. Tasos Katopodis | Getty ImagesHowever, Singapore's port authority on Wednesday said that the container ship had passed overseas inspections and carried certificates to cover its structural integrity and functionality at the time of the Baltimore bridge incident. In the June inspection, the container ship was found to have had a faulty monitor gauge for fuel pressure, but this was fixed before the vessel departed the port.

Persons: Francis, Dali, Wes Moore, Moore, Francis Scott Key, Tasos Katopodis Organizations: Washington Post, The Washington Post, Getty, Bridge, Maryland, NBC, Francis Scott Key Bridge, Port Authority Locations: Baltimore, Patapsco, Singapore, Sri Lanka, Belgium's Port of Antwerp, Europe, San Antonio, Chile, Baltimore , Maryland

☆ Inside the Garrick, the Elite Men-Only London Club Rocked by Criticism
▼ + stars: | 2024-03-27 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

On a side street in Covent Garden stands an imposing palazzo-style building, strangely out of place amid the burger joints and neon marquees of London’s theater district. It houses the Garrick Club, one of Britain’s oldest men’s clubs, and on any given weekday, a lunch table in its baronial dining room is one of the hottest tickets in town. A visitor lucky enough to cadge an invitation from a member might end up in the company of a Supreme Court justice, the master of an Oxford college or the editor of a London newspaper. Women are excluded from membership in the Garrick and permitted only as guests, a long-simmering source of tension that has recently erupted into a full-blown furor. Mr. Moore’s membership seemed at odds with his efforts to bring more racial and gender diversity to the British spy agency, known as MI6.

Persons: Garrick, Richard Moore, Simon Case, Case, derisory Organizations: Garrick Club, Oxford, Guardian, Secret Intelligence Service Locations: Covent, London, British, ”

☆ The Dali, the ship that brought down the Baltimore bridge, ran into a problem with its propulsion system months before the crash
▼ + stars: | 2024-03-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The ship that struck a key bridge on Tuesday was reported to have an issue with its propulsion in June. The Dali lost propulsion on Tuesday, but it's unclear if this was related to the June issue. AdvertisementThe 984-foot container vessel that lost power and crashed into the Francis Scott Key Bridge on Tuesday had issues with its propulsion system just months before, records show. AdvertisementClay Diamond, the executive director of the American Pilots' Association, told The Washington Post that the Dali lost power at around 1:20 a.m., around eight minutes before the crash. AdvertisementThe Francis Scott Key Bridge was Baltimore's biggest bridge, and the loss of such critical infrastructure will likely cause supply chain issues across multiple industries.

Persons: Dali, —, Francis Scott Key, Wes Moore, it's, Clay Diamond, Diamond, We've, BI's Dominic Reuter, BI's Erin Snodgrass Organizations: Service, Port Authority, Synergy Marine, American Pilots ' Association, Washington Post, USA, REUTERS Authorities, Business, Maryland Transport Authority, Port, Maersk Locations: Singapore, Patapsco, Baltimore, Maryland, Asia Pacific, San Antonio, Chile, Harford County, Antwerp, Port, Port of Baltimore, Danish, Copenhagen

The steel frame of the Francis Scott Key Bridge sits on top of the container ship Dali after the bridge collapsed on Tuesday. After the 1980 collision, he argued, more substantial dolphins or a fendering system should have been added to the Key Bridge. “You knock out one of the support posts, the entire bridge collapses.”The Key Bridge is hardly unique among large bridges in its age. Some other bridges that cross major shipping routes are designed with more extensive protections than the Key Bridge’s. In the wake of the Key Bridge collapse and with the rise of larger container ships, some experts said that engineers should reassess necessary bridge safety features.

Persons: Baltimore’s Francis Scott Key, It’s, Dali, Francis Scott Key, Jim Watson, ”, Rick Geddes, Wes Moore, That’s, Jean, Paul Rodrigue, Martin Bernetti, “, Mark Wilson, Hussam Mahmoud, Rod Sullivan, Arthur Ravenel Jr, Savannah’s Talmadge, Los Angeles ’ Vincent Thomas Bridge, ” Geddes, Barzin Mobasher, Mobasher, ” CNN’s Daniel Medina, Majlie, Puy, Yahya Abou, Ghazala Organizations: CNN, Getty, Cornell University’s Program, National Research, Evening Sun, Coast Guard, Sun, Maryland Gov, Texas, M University, Galveston, National Research Council, Maryland Transportation Authority, Francis Scott Key Bridge, Colorado State University, Sunshine Skyway, Tampa Tribune, New, Bridge, Arizona State University Locations: Bridges, Baltimore, AFP, Nagoya, Dali, Panama, United States, Panama City, Baltimore , Maryland, Tampa, Florida, Charleston , South Carolina, Los Angeles

☆ Dispatch audio reveals the intense moment on-site officers realized a 984-ft ship was about to crash into Baltimore's biggest bridge
▼ + stars: | 2024-03-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The bridge in Baltimore fell into the Patapsco River on Tuesday after a 984-foot ship crashed into it. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Hold all traffic on the key bridge," the officer said. "10-4, all traffic on the key bridge is down, we got workers in the water," he said. The collapse of the Francis Scott Key Bridge is likely to cause major disruptions to the supply chains of multiple industries, with about 11.3 million vehicles using the bridge annually.

Persons: —, Francis Scott Key, Dali, Wes Moore, " Moore, BI's Dominic Reuter Organizations: Authorities, Service, Maryland Transportation Authority Police, Business, YouTube, Washington Post, Maritime, Port Authority, US Coast Guard, Maryland Gov, MTA Police, Reuters Locations: Baltimore, Patapsco, Singapore, that's, —, Port

☆ A millennial and her new husband moved in with her parents. They all still live in her childhood home 11 years later.
▼ + stars: | 2024-03-27 | by ( Jane Ridley | ) www.businessinsider.com time to read: +7 min

As for her mom, Grills said she was happy to babysit. The arrangement is a sensible option for many millennial parents dealing with the cost-of-living crisis, particularly when they need childcare. AdvertisementMoore's parents don't have a separate living space in the homeShe gave birth to their second daughter, Phoebe, in 2018 and son, Barrett, in 2020. Grills told BI that her son-in-law, "a phenomenal chef," tends to cook; she does the kids' laundry and the dishes. The Grills don't pay rent, but bills are split.

Persons: —, Megan Moore scrolled, Ramona, Jim, Moore, Luke, Megan Moore, Dad, Moores, Phoebe, Barrett, babysits Barrett, he's, Megan Moore Moore, Pink Floyd, Doris Day, there's, I'm Organizations: Service, Business

☆ The Baltimore bridge collapse raised questions about key safety features — experts say better ones may not have helped
▼ + stars: | 2024-03-27 | by ( Matthew Loh | Marianne Guenot | ) www.businessinsider.com time to read: +7 min

The Francis Key Bridge collapse has ignited debates about the safety of America's infrastructure. AdvertisementThe 984-foot container ship that caused the Francis Scott Key Bridge to collapse has raised questions about whether the structure could have been saved. AdvertisementAs the city grapples with the fallout, discussions have started to grow around the bridge collapse. A bridge engineering expert also pointed them out to the Sydney Morning Herald in an article discussing whether a similar bridge collapse could happen in Australia. Gao said that more robust protections "could have potentially prevented the bridge collapse."

Persons: Francis Key, —, Francis Scott Key, Dali, Donna Deegan, Colin Caprani, Mimi Gao, Donald O, Francis Scott Bridge, BRENDAN SMIALOWSKI, Wes Moore, Pete Buttigieg, Gao, Tim Broyd, Broyd Organizations: Service, Dolphins, Jacksonville, Dame, Sydney Morning Herald, Sunshine, Singapore Chamber of, Ships, New York Times, Getty, Maritime, Port Authority, Maryland Gov, University College London, UK's, of Civil Engineers, Engineers Locations: Singapore, Port, Baltimore, Florida, Australia, Port of Baltimore, AFP

☆ Officials Identify 2 Bridge Collapse Victims by ID and Fingerprint
▼ + stars: | 2024-03-27 | by ( Nicholas Bogel-Burroughs | More About Nicholas Bogel-Burroughs | ) www.nytimes.com time to read: +2 min

Now, officials say they will need to pause the recovery effort altogether — with four more victims not yet found — so that pieces of the crumpled bridge can first be removed from the Patapsco River. But, he said, other vehicles that fell from the bridge — possibly with the construction workers inside — are trapped behind debris that makes the area too dangerous for divers. Officials said one of the victims was identified by a driver’s license found with him, and another by his fingerprints. Wes Moore of Maryland said that divers started the search for victims less than an hour after the bridge collapsed. He said officials have been taking the recovery part of the search as seriously as they took the rescue effort, when they believed the missing victims might have still been alive.

Persons: Roland Butler, Francis Scott Key, ”, Colonel Butler, Alejandro Hernandez Fuentes, Dorlian Ronial Castillo Cabrera, Hernandez, Castillo, Wes Moore, Jacey Fortin Organizations: Maryland State Police, Coast Guard, Gov Locations: Baltimore, Patapsco, Mexico, Guatemala, Maryland

☆ Black box recovered from cargo ship that crashed into Baltimore bridge could help uncover what went wrong
▼ + stars: | 2024-03-27 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

A black box has been recovered from the ship that crashed into a Baltimore bridge. The Dali, a Singapore-flagged cargo ship, hit Baltimore's Francis Scott Key Bridge early Tuesday. AdvertisementWhat exactly went wrong to cause the Baltimore bridge collapse this week? Officials on Wednesday recovered the ship's black box data recorder, which could help investigators piece together what caused the crash. The Singapore-flagged Dali cargo ship crashed into the Francis Scott Key Bridge in Baltimore, Maryland, early Tuesday morning, causing it to collapse.

Persons: Dali, Baltimore's Francis Scott Key, —, Jennifer Homendy, Guy Platten —, Francis Scott Key, Wes Moore, James Wallace, Shannon Gilreath Organizations: Baltimore's Francis Scott Key Bridge, Service, Transportation Safety Board, CBS News, International Chamber of Shipping, Bloomberg, Bloomberg Radio, Baltimore, Maritime, Port Authority, Synergy Marine, Baltimore Fire Department, US Coast Guard Locations: Baltimore, Singapore, Baltimore , Maryland, Colombo, Sri Lanka, Maryland, Asia Pacific

☆ Crypto is ‘like cayenne pepper’ for investors, money manager says: 'A little goes a long way'
▼ + stars: | 2024-03-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Tara Moore | Stone | Getty ImagesA 2% or 3% allocation is 'more than enough'Cryptocurrencies are digital assets, a category that should be considered an "alternative investment," Johnson said. Allocating 2% or 3% of one's investment portfolio to crypto is "more than enough," Johnson said. watch nowWhether investors buy in to crypto — and how much they hold — will depend on their tolerance and capacity for risk, Johnson said. However, that allocation would most likely not be appropriate for a 70-year-old investor who can't afford to subject their nest egg to major losses, Johnson said. "Bitcoin and other cryptocurrencies are a very speculative investment and involves a high degree of risk," investment strategists at Wells Fargo Advisors wrote in a note last year.

Persons: Tara Moore, Johnson, Crypto Organizations: Stone, Advisors Locations: Wells

☆ Baltimore bridge collapse poses little threat to U.S. economic growth, experts say
▼ + stars: | 2024-03-26 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

Auto companies like BMW and Volkswagen will likely be hit hardest at first, he added, given their heavy reliance on the Baltimore port. Regional economyFor the city of Baltimore, though, the economic impacts of the bridge collapse will hit harder and last longer. The Baltimore port directly employs over 15,000 workers and indirectly supports nearly 140,000 jobs via other port activities, according to Maryland Gov. Baltimore port employees could be temporarily furloughed, or see disruption in their work hours amid the shutdown. "The bridge collapse is the latest challenge for Northeast U.S. supply chains," said S&P Global Head of Supply Chain Research Chris Rogers.

Persons: Francis Scott Key, Roberto Schmidt, Baltimore's Francis Scott Key, Joseph Brusuelas, DALI, Joe Biden, Brusuelas, Mark Zandi, Wes Moore, Zandi, Research Chris Rogers, It's, we've Organizations: AFP, Getty, RSM, Auto, BMW, Volkswagen, Depot, IKEA, shipper FedEx, CNBC, Maryland Gov, Afp, Northeast, Supply, Research, Others Locations: Baltimore , Maryland, Singapore, Baltimore, of Baltimore, Port, United States, of LA, Northeast U.S, Sea, Panama

☆ See the cargo ship that brought down a major Baltimore bridge, from all angles
▼ + stars: | 2024-03-26 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

A bridge in Baltimore collapsed after a cargo ship crashed into one of its support beams. The vessel that crashed with the Francis Scott Key Bridge is the Dali, a container ship. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBaltimore's Francis Scott Key Bridge collapsed on Tuesday morning after a large cargo ship hit one of the bridge's support beams. The vessel that crashed into the bridge is the Dali, a Singapore-flagged container ship, according to a listing on VesselFinder.

Persons: Francis Scott Key, Dali, Wes Moore, —, Baltimore's Francis Scott Key Organizations: Service Locations: Baltimore, Maryland, Singapore

Six people are presumed dead and two have been rescued from the Patapsco River, according to The New York Times. What Happened to Baltimore’s Francis Scott Key Bridge? Around 1:30 a.m. on Tuesday, a Singapore-flagged cargo ship called Dali struck a column of the bridge, according to reporting by The Baltimore Banner. Where Is the Francis Scott Key Bridge and How Long Is It? The Francis Scott Key Bridge was assessed as being in “fair” condition in 2023, according to the Federal Highway Administration’s National Bridge Inventory.

Persons: Baltimore’s Francis Scott Key, Wes Moore, Dali, Maryland Sen, Chris Van Hollen, Francis Scott Key, Helen Delich Bentley, Banner ”, Baltimore Mayor Brandon Scott, Moore, ”, Joe Biden, We're, “, Pete Buttigieg, Scott, Buttigieg, Joseph Schofer Organizations: The New York Times, Maryland Gov, Biden Administration, White, Baltimore Sun, Baltimore Banner, ABC News, Maryland, New York Times, Times, ” Synergy Marine Group, Baltimore Mayor, Transportation, Department of, World Association, Transport Infrastructure, U.S . News, Northwestern University’s McCormick School of Engineering, ” Engineers Locations: Patapsco, Maryland’s, Singapore, Sri Lanka, Maryland, Baltimore, Helen Delich Bentley Port of Baltimore, Fort McHenry, El Salvador, Guatemala, Honduras, Mexico, U.S

☆ What We Know About the Francis Scott Key Bridge Collapse in Baltimore
▼ + stars: | 2024-03-26 | by ( Adeel Hassan | ) www.nytimes.com time to read: 1 min

A giant container ship struck the Francis Scott Key Bridge in Baltimore at about 1:30 a.m. on Tuesday. Wes Moore of Maryland declared a state of emergency shortly after the ship hit the bridge, a part of Interstate 695 and a critical transportation link on the Eastern Seaboard to one of the largest ports in the country. Vessel traffic has since been stopped. The priority, he said, was a search operation, led by the Coast Guard, to try to find people who may have been on the bridge. Why did the ship hit the bridge?

Persons: Francis Scott Key, Wes Moore, Governor Moore Organizations: Gov, Seaboard, Coast Guard, National Transportation Safety Board Locations: Baltimore, Patapsco, Maryland

☆ The Baltimore bridge disaster is what happens when 95,000 tons of modern cargo ship meets America's aging infrastructure, experts say
▼ + stars: | 2024-03-26 | by ( Marianne Guenot | Mia Jankowicz | ) www.businessinsider.com time to read: +6 min

A loss of propulsion would have had an effect on the rudder's ability to steer effectively, Lipian told BI. Related stories"There's no brakes on a ship," Lipian added. Instead of building bridges strong enough to withstand a direct impact from a ship, engineers focus on deflecting a wayward vessel from its path. AdvertisementIn fact, engineers would struggle to design a bridge capable of stopping a ship as large as the Dali, she said. Newer bridges, built with heavier cargo ships in mind, may include larger gaps between the supporting piers, Broyd said.

Persons: —, Dali, Wes Moore, Henry Lipian, Lipian, Moore, Tim Broyd, Francis Scott Key, Broyd, Lorna Wharton, Rick Geddes, Mark Richards Organizations: Service, National Transportation Safety Board, Business, FBI, NBC, Forensics, US Coast Guard, Port, Maryland Association of Pilots, Gov, Infrastructure Security Agency, ABC News, University College London, UK's, of Civil Engineers, COWI, Cornell University Infrastructure Policy, BI Locations: Maryland

☆ What we know about the Baltimore bridge collapse
▼ + stars: | 2024-03-26 | by ( Holly Yan | ) edition.cnn.com time to read: +5 min

CNN —A massive cargo ship plowed into Baltimore’s Francis Scott Key Bridge early Tuesday, causing the 1.6-mile bridge to crumble like a pile of toothpicks and plunge cars and people into the frigid water below. Here’s what we know about the catastrophe:Why did the bridge collapse? The Patapsco River is about 50 feet deep under the Francis Scott Key Bridge, Wiedefeld said. The water temperature in Baltimore Harbor near the site of the bridge collapse was about 46 to 48 degrees Fahrenheit on Tuesday morning. The Francis Scott Key Bridge lies in shambles after a massive cargo ship crashed into one of its pillars overnight in Baltimore.

Persons: Francis Scott Key, DALI, Dali, Wes Moore, it’s, Paul J, Wiedefeld, “, ” Wiedefeld, James Wallace, ”, It’s, Andrew McCabe, ” McCabe, McCabe, we’ve, Akbarzai, Andy Rose, Derek van Dam, Monica Garrett, AnneClaire Stapleton, Louis Mian Organizations: CNN, Francis Scott Key Bridge, Maritime, Port Authority, Synergy Marine, Ltd, Maryland Gov, Maryland Transportation, Baltimore City Fire, Sonar, Synergy Group, National Weather Service, Reuters, University of Minnesota, FBI Locations: Singapore, Maryland, Patapsco, Baltimore, “, Baltimore Harbor, Harford County

Read previewA container ship crashed into a major bridge in Baltimore early Tuesday, causing its collapse into the Patapsco River. Baltimore first responders called the situation a "developing mass casualty event" and a "dire emergency," per The Associated Press. pic.twitter.com/ipoTR2HljY — Harford Co., MD Fire & EMS (@HarforCoFireEMS) March 26, 2024The vessel is the Dali, a Singapore-flagged container ship about 984 feet long, and 157 feet wide, per a listing on VesselFinder. The Dali's owner is listed as Grace Ocean, a Singapore-based firm, and its manager is listed as Synergy Marine, which is also headquartered in Singapore. AdvertisementStaff for Grace Ocean declined to comment on the crash when contacted by Business Insider.

Persons: —, Francis Scott Key, James Wallace, Wallace, Richard Worley, Wes Moore, Pete Buttigieg, Moore, Baltimore Francis Scott Key, ipoTR2HljY —, Dali, Grace Ocean, Barbara Rossi, Claudia Norrgren, it'll Organizations: Service, Baltimore, Associated Press, Business, Sonar, Biden Administration, Volunteer Firefighters, Volunteer Swift Water Team, Team, Unified Command, ipoTR2HljY — Harford Co, Synergy, Shipping, Staff, Grace, Maersk, Dali, University of Oxford, Hyundai Heavy Industries, Port Locations: Baltimore, Patapsco, Maryland, @jmvfc8, Singapore, Danish, Colombo, Sri Lanka, Port, South Korea, Antwerp

☆ Aerial photos show the catastrophic aftermath of the Baltimore bridge collapse
▼ + stars: | 2024-03-26 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

A container ship hit the Francis Scott Key Bridge in Baltimore, causing it to collapse. Aerial photos show pieces of the bridge remaining in the water after the crash. Wes Moore declared a state of emergency after a cargo ship struck Baltimore's Francis Scott Key Bridge on Tuesday, causing it to collapse. With the bridge and the surrounding harbor now closed, the catastrophe is also likely to have a major economic impact on Baltimore businesses. Photos show the aftermath of the Baltimore bridge's collapse.

Persons: Francis Scott Key, —, Wes Moore, Baltimore's Francis Scott Key Organizations: Service Locations: Baltimore, Maryland

☆ Baltimore bridge collapse would have been much worse if the ship hadn't called in 'mayday'
▼ + stars: | 2024-03-26 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

The cargo ship that crashed into the Baltimore bridge called in a 'mayday' moments before. Wes Moore said. AdvertisementThe Baltimore bridge collapse could have been deadlier had the crew of the swerving cargo ship not called in a "mayday" before hitting the bridge's support. Maryland Governor Wes Moore told reporters at a news conference Tuesday morning that before the Singapore-tagged Dali cargo ship crashed into Baltimore's Francis Scott Key Bridge, crew members called in a distress signal. The crew told authorities that they had lost power on the ship and were in trouble, Moore told reporters.

Persons: Wes Moore, Moore, —, deadlier, Francis Scott Key, " Moore, Chris Van Hollen, Paul Wiedefeld Organizations: Maryland Gov, Service, Maryland, Amazon, Fedex Locations: Baltimore, Maryland, Singapore, Patapsco

☆ Baltimore’s Port Handled a Record Amount of Cargo Last Year
▼ + stars: | 2024-03-26 | by ( Jenny Gross | More About Jenny Gross | ) www.nytimes.com time to read: +2 min

The port handled a record amount of cargo last year, making it the 20th biggest port in the nation ranked by total tons, according to the Bureau of Transportation Statistics. Around the world, about 40 ships, including 34 cargo vessels, have Baltimore listed as a destination, including 10 commercial ships with anchors dropped in nearby waters, according to MarineTraffic, which tracks ships. The arrival of large container ships to the port “continues to demonstrate Baltimore’s capabilities of handling supersized vessels,” Governor Moore said in the statement. The port handled nearly 850,000 cars and light trucks last year, more than in any other U.S. port for the past 13 years. It was the ninth-busiest port in the nation last year for receiving foreign cargo, in terms of volume and value.

Persons: Francis Scott Key, Wes Moore, Georgios Hatzimanolis, ”, Dali, Governor Moore Organizations: Port, Bureau of Transportation Statistics, Gov, Maryland Port Administration, Cruise Line Locations: Port of Baltimore, United States, Maryland, Baltimore, New Jersey, North Carolina, Baltimore’s, State

☆ Automakers Are Rerouting Car Shipments Away From Baltimore
▼ + stars: | 2024-03-26 | by ( Neal E. Boudette | More About Neal E. Boudette | ) www.nytimes.com time to read: +1 min

Several large automakers said on Tuesday that they were working to reroute shipments of cars because of the collapse of the Francis Scott Key Bridge in Baltimore. The Port of Baltimore plays an important role in the shipment of vehicles and handled more than 750,000 cars and trucks in 2023, according to the Maryland Port Administration. Pete Buttigieg, the U.S. transportation secretary, said that the rerouting would affect the national supply chain. “It will not be quick, and it will not be inexpensive.”Among the automakers that use the port are General Motors, Ford Motor, Stellantis, Volkswagen, Mercedes-Benz and BMW. Some automakers said they were planning to divert imports and exports of vehicles to other East Coast ports while they assessed how the collapse would affect their logistics.

Persons: Francis Scott Key, Wes Moore, Pete Buttigieg Organizations: Maryland Port Administration, Gov, General Motors, Ford Motor, Volkswagen, Mercedes, Benz, BMW Locations: Baltimore, The Port, United States, Maryland, U.S, East Coast

☆ Cars, sugar and cruises: How the Port of Baltimore closure could hurt the economy
▼ + stars: | 2024-03-26 | by ( Mark Thompson | Chris Isidore | ) edition.cnn.com time to read: +8 min

The Port of Baltimore said in a post on X that vessel traffic was suspended until further notice, but trucks were still being processed at its terminals. It said it would discharge cargo destined for Baltimore in other ports nearby, but Maesrk warned customers that could mean delays. Closer to the Midwest than any other port on the East Coast, Baltimore is a major hub for vehicles, containers and commodities. Baltimore ranks first among US ports for autos and light trucks, handling a record 850,000 vehicles last year. While many of the 30,000 to 35,000 cars and trucks that used the Key Bridge daily can be rerouted through the two nearby tunnels, that will cause traffic delays.

Persons: Dali, Judah Levine, ” Maersk, “, VW, Oren Klachkin, Levine, Mark Zandi, ”, Zandi, Wes Moore, Joe Biden, Francis Scott Key, Tasos Katopodis, — Moore, Emily Stausbøll, Matt Lupoli, Hanna Ziady, Peter Valdes, Rob North, Sugam Pokharel Organizations: New York CNN, Baltimore, Atlantic, Nationwide Financial, US, Moody’s, Maryland Gov, Rebuilding, Francis Scott Key Bridge, Domino, Company, Royal Caribbean, Cruises, Cruise, Cruise Lines International Association, Royal Locations: London, New York, Port, Baltimore, East Coast, Singapore, East Coast , Baltimore, Philadelphia, Norfolk, of New York, New Jersey, Asia, Africa, Suez, Maryland, Patapsco, Rebuilding Baltimore, Baltimore , Maryland, Tasos, “, Norway, Royal Caribbean

☆ Baltimore key bridge collapse: Recovery efforts continue for 6 presumed dead after Baltimore bridge collapse as investigation gets underway
▼ + stars: | 2024-03-26 | by ( Elizabeth Wolfe | Yahya Abou-Ghazala | ) edition.cnn.com time to read: +10 min

Recovery efforts are now underway for the missing people, who are presumed dead. People from El Salvador, Guatemala and Mexico among the missing: Miguel Luna, an immigrant from El Salvador, has been identified as one of the missing, according to the nonprofit Miguel Luna, an immigrant from El Salvador, has been identified as one of the missing, according to the nonprofit CASA . Ship blacked out before crash: Just minutes before impact, there was a “total blackout” of engine and electrical power on the ship, according to Clay Diamond, executive director of the American Pilots Association. Eight construction workers were believed to be mending potholes on the bridge when it fell, according to officials. A specialized team will also determine who was controlling the vessel and who was on the ship’s bridge at the time of the crash, she said.

Persons: Francis Scott Key, James Wallace, Wes Moore, “ We’re, Jennifer Homendy, Richard Worley, Miguel Luna, Petén, Clay Diamond, Diamond, “ It’s, ”, Pete Buttigieg, Joe Biden, US Sen, Chris Van Hollen, Buttigieg, Luna, DALI, “, ” Moore, Dali, Tasos Katopodis, Moore, CNN’s Melissa Alonso, Flora Charner, Sarah Engel, Jack Forrest, Allison Gordon, Elise Hammond, Jennifer Henderson, Betsy Klein, Jamiel Lynch, Sean Lyngaas, Mary Kay Mallonee, Lauren Mascarenhas, Pete Muntean, Tori B, Powell, Rachel Ramirez, Amy Simonson, Aditi Sangal, Michael Williams Organizations: CNN, US Coast Guard, Baltimore City Fire, Divers, Maryland Gov, Guard, Transportation Safety, National Transportation Safety, Baltimore Police, CASA, The Ministry of Foreign Affairs, Mexican Embassy, American Pilots Association, Reconstruction, Vital, Transportation, El, Maritime, Port Authority of, Infrastructure Security Agency, Coast Guard, for Disease Control, Gov, Association of Maryland Pilots, ”, NTSB Locations: Baltimore, ”, El Salvador, Guatemala, Mexico, San Luis, Camotán, Washington, US, Patapsco, El Salvadoran, Maryland, Port Authority of Singapore

☆ Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice
▼ + stars: | 2024-03-26 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

The steel frame of the Francis Scott Key Bridge sits on top of the container ship Dali after the bridge collapsed, Baltimore, Maryland, on March 26, 2024. At the time of the collision, the vessel had two pilots from the Port of Baltimore on board. The steel frame of the Francis Scott Key Bridge lies in the water after it collapsed in Baltimore, Maryland, on March 26, 2024. "For cargo already on water, we will omit the port, and will discharge cargo set for Baltimore, in nearby ports. "The collapse of the Baltimore bridge primarily affects coal exports from CNX and CSX terminals," said Madeleine Overgaard, dry market data manager for the global trade data platform Kpler.

Persons: Francis Scott Key, Dali, Roberto Schmidt, Paul Brashier, Brashier, Goetz Alebrand, Wes Moore, Larry, Richard Meade, Meade, Kena Betancur, Andy Lipow, Lipow, Helen Delich Bentley, Judah Levine, Madeleine Overgaard, Levine, Tasos Katopodis Organizations: Afp, Getty Images Logistics, Port, Eastern Seaboard, ITS Logistics, Getty, Americas, DHL Global, Maryland Gov, Baltimore, AFP, Uber Freight, IKEA, Lipow Oil Associates, Maersk, Freightos, CSX, East, Francis Scott Key Bridge Locations: Baltimore , Maryland, Baltimore, New York, New Jersey, Norfolk, Port of Baltimore, Colombo, Sri Lanka, Port, American, Taicang Port, Suzhou, China's, Jiangsu, East Coast, Norfolk , Virginia, Maryland, Midwest, New England, Virginia, North East , Maryland, Gulf Coast, Philadelphia, Suez, CNX, Freightos, Asia, U.S

☆ Baltimore businesses are trying to figure out how the bridge collapse will affect them
▼ + stars: | 2024-03-26 | by ( Grace Dean | Mary Hanbury | ) www.businessinsider.com time to read: +5 min

Read previewThe collapse of the Francis Scott Key Bridge in Baltimore could have major effects on distribution and deliveries for businesses in the area. Baltimore's biggest bridge collapsed early on Tuesday morning after a cargo ship crashed into one of its support beams, prompting Maryland Gov. A spokesperson for Volkswagen said its operations were unaffected as its Baltimore facility was "located on the sea board of the bridge collapse." AdvertisementMcCormick, which manufactures spices and seasonings, said in 2020 that it expected its site at Tradepoint Atlantic to become its biggest distribution site. Local businesses prepare for ongoing disruptionThe Hard Yacht Cafe, located about a mile from the bridge, told BI that it wasn't yet clear how the collapse would affect its business.

Persons: —, Francis Scott Key, Wes Moore, Kevin Cartwright, Neil Saunders, Baltimore's Francis Scott Key, Armour, McCormick, we're, Alexander DelSordo Organizations: Service, Maryland Gov, Baltimore Fire Department, Associated Press, Business, Bloomberg, Maryland Transportation Authority, Depot, FedEx, BMW, Volkswagen, Google, Amazon, Volkswagen Group, Audi, Lamborghini, Bentley, CBS, WJZ, Bay Locations: Baltimore, Port of Baltimore, Sparrows, Europe, Mexico, Hawkins

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