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☆ A Close-Up View of the Baltimore Bridge Collapse
▼ + stars: | 2024-03-30 | by ( Eduardo Medina | ) www.nytimes.com time to read: 1 min

Maroon containers larger than a car sat twisted and crushed. Massive beams of steel warped into crooked arches. Pillars of jagged concrete poked out from the water — a tomb of wreckage that dimly reflected on the gray-toned river. From roughly 100 yards away, deep into the Patapsco River in Baltimore, the site of one of the worst bridge collapses in the country’s history is a haunting scene. As the 45-foot-long Coast Guard vessel neared the scene of the disaster, a service member who had made several trips to the site braced passengers for the view to come.

Persons: Francis Scott Key, Dali Organizations: U.S . Coast Guard, New York Times, Guard Locations: Patapsco, Baltimore, U.S

☆ Baltimore engineers begin clearing bridge wreckage to reopen channel
▼ + stars: | 2024-03-30 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

The cargo ship Dali sits in the water after running into and collapsing the Francis Scott Key Bridge on March 26, 2024 in Baltimore, Maryland. Engineers in Maryland on Saturday began lifting a piece of Francis Scott Key Bridge out of the waterway in Baltimore, the first step in a long process to reopen the city's shipping port. "I cannot stress enough how important today and the first movement of this bridge and the wreckage is," said Gov. To execute the first lift of the bridge on Saturday, engineers cut a piece of the bridge to make it manageable for their crane. "Our economy depends on the Port of Baltimore and the Port of Baltimore depends on vessel traffic."

Persons: Dali, Francis Scott Key, Wes Moore, Baltimore Mayor Brandon Scott, Joe Biden, we've, Shannon Gilreath, Moore Organizations: Francis Scott Key Bridge, Baltimore , Maryland . Engineers, U.S . Coast Guard, Baltimore Mayor, Government, Coast Guard, Port Locations: Baltimore , Maryland, Maryland, Baltimore, Port of Baltimore, U.S

Hold all traffic on the Key Bridge," the officer said. Police block off an entrance to the Francis Scott Key Bridge in Baltimore, Maryland, on March 29, 2024. "When they made that call, the bridge attendants did a remarkable job of stopping flow of traffic on each end. And that's what truly saved lives. Rescuers pulled two people — and two bodies — from the frigid river after the Francis Scott Key Bridge collapsed.

Persons: —, Baltimore's Francis Scott Key, Francis Scott Key, Scott Olson, Kevin Battle, Eric Dawicki, Dawicki, Andy Middleton, Middleton, James Staples, Kevin Dietsch, Philip Schifflin, Michael Campbell, it's, Dali, I've, Campbell Organizations: Police, Service, Baltimore Port Authority police, Rescue, Northeast Maritime Institute, Walmart, Maritime, Port Authority of, Rescuers, Center, Mariner, Seaman's Church Institute, The Telegraph, Massachusetts Maritime Academy, BI Locations: Baltimore, Singapore, that's, Baltimore , Maryland, Patapsco, Portland Harbor, Maine, Port Authority of Singapore, Europe

☆ 1 in every 13 bridges in America is in ‘poor’ condition. Thousands could collapse from a collision
▼ + stars: | 2024-03-30 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

A container ship colliding into the Francis Scott Key Bridge in Baltimore is drawing attention to potential vulnerabilities among some of America’s more than 600,000 bridges. The Key Bridge stood for 47 years, and in that time it never received the sort of jolt that anyone could have thought would bring it down. Extreme weather events, increasingly heavy trucks and collisions from larger container ships pose significant risks to US bridges, engineers and other infrastructure experts say. The Key Bridge was “fracture critical,” the National Transportation Safety Board said Wednesday. To minimize the potential of ships bringing down bridges, bridges need to be built with what are known as redundancies— protections around bridges’ danger points.

Persons: Francis Scott Key, Dali, Ananth Prasad, Prasad, ”, Jessie Yeung, Curt Devine, Casey Tolan, Isabelle Chapman Organizations: American Society of Civil Engineers, Congressional Research Service, National Transportation Safety, World Association, Transport Infrastructure, Florida Transportation Builders ’ Association, CNN Locations: Baltimore, America, United States, China, Argentina, Florida

(AP) — Rebuilding Baltimore’s collapsed Francis Scott Key Bridge could take anywhere from 18 months to several years, experts say, while the cost could be at least $400 million — or more than twice that. Realistically, the project could take five to seven years, according to Ben Schafer, an engineering professor at Johns Hopkins University. “The lead time on air conditioning equipment right now for a home renovation is like 16 months, right?" But experts say it's better to look to more recent bridge disasters for a sense of how quickly reconstruction may happen. Hota GangaRao, a West Virginia University engineering professor, said the project could cost as little as $400 million.

Persons: Baltimore’s, Francis Scott Key, Ben Schafer, “, Schafer, they’re, Dali, Jim Tymon, ” Tymon, Tymon, Joe Biden, Minnesota Sen, Amy Klobuchar, ” Klobuchar, ” Badie, Badie, Hota, That’s, ” GangaRao, ” Norma Jean Mattei, ” Organizations: Johns Hopkins University, George Washington University, Sunshine, American Association of State, Transportation, West Virginia University, The University of New Locations: ANNAPOLIS, Md, Baltimore, Tampa Bay, Minnesota, Mississippi, Maryland, The University of New Orleans

☆ Francis Scott Key Bridge collapse reverberates around the world
▼ + stars: | 2024-03-29 | by ( Ray Sanchez | ) edition.cnn.com time to read: +16 min

StreamTimeLive StreamTimeLive StreamTimeLiveAround the same time, numerous audible alarms were recorded on the ship’s bridge audio. The Dali container vessel after striking the Francis Scott Key Bridge. “Once you get here, I’ll go grab the workers on the Key Bridge and then stop the outer loop,” an officer said. When the Key Bridge was built decades ago, container ships were a fraction of the size and weight they are today. Miguel Luna, a native of El Salvador, was also working on the Key Bridge.

Persons: Francis Scott Key, ”, Jayme Krause, Nick Mosby, “ I’ve, Andy Middleton, Middleton, Dali, Marcel Muise, Scott Cowan, Baltimore –, Clay Diamond, Muise, Wes Moore, Diamond, ” Diamond, Al Drago, we’ve, “, Cowan, Jim Watson, Starr Smith, ’ ” Smith, Smith, ” Smith, ” John Zimmerman, They’re ‘, Maynor Yassir Suazo Sandoval, Miguel Luna, Dorlian Castillo Cabrera, Pima Castillo, Alejandro Hernandez Fuentes, Castillo, Alejandro Hernandez, Carlos Hernandez, Carlos Hernandez’s, Jazmin Alvarez, Hernández, Isabel Franco, Jose Mynor Lopez, Franco, Lilly Ordonez, Lopez, ” Rafael Laveaga, Holly Yan, Maria Santana, Melissa Alonso, Allison Gordon, Emma Tucker, Tina Burnside, Alex Stambaugh, Abel Alvarado, Aditi Sangal, Danny Freeman, Caroll Alvarado, Amy Simonson, Mary Kay Mallonee, Yahya Abou, Sabrina Souza, AnneClaire Stapleton, Antoinette Radford, Dakin Andone, Curt Devine, Casey Tolan, Isabelle Chapman, Elizabeth Wolfe, Lauren Mascarenhas, Elise Hammond, Gloria Pazmino, Alex Medeiros Organizations: CNN, Evening Sun, Bethlehem Steel, Eiffel, American, Maryland State Police, Sea Catholic, Walmart, National Transportation Safety, Chesapeake Bay, Longshoremen’s Association, Maryland Transportation Authority, American Pilots Association, ”, ” Maryland Gov, Bloomberg, Getty Images Transportation Authority, US Coast Guard, “ Dispatch, Police, Getty, Maryland, CASA, Brawner Builders, Univision, Authorities, Mexican Embassy Locations: Maryland, Fort McHenry, Sparrows Point, Baltimore, Patapsco, Port of Baltimore, India, Singapore, Baltimoreans, Sri Lanka, South Africa, Yemen, Red, Dali, MarineTraffic, ” Maryland, There’s, AFP, Middleton, Honduras, El Salvador, Mexico, Guatemala, Santa Bárbara, America, Dundalk, he’s, Mexican, Michoacan, Washington’s

The Chesapeake 1000 – the largest crane on the East Coast – is needed in the Patapsco River where a 984-foot cargo vessel slammed into the bridge Tuesday. Live updates: The latest on the Baltimore bridge collapseIn addition to the crane, three heavy lift vessels are expected to start arriving Friday, US Transportation Secretary Pete Buttigieg told CNN. This appraisal is critical in determining how small to cut the bridge pieces so cranes can lift them, he said. In addition to the human toll, the destruction of the Key Bridge and closure of the Port of Baltimore could lead to widespread economic fallout. In this NTSB handout, an investigator examines the collapsed Francis Scott Key Bridge from the cargo vessel Dali on March 27 in Baltimore.

Persons: Francis Scott Key, Pete Buttigieg, Wes Moore, Julia Nikhinson, ” Moore, Shannon Gilreath, Moore, Maryland Sen, Chris Van Hollen, Buttigieg, “, Jennifer Homendy, Homendy, Marcel Muise, Dali, Peter Knudson, CNN’s Justin Lear, Andy Rose, Sarah Dewberry, Chris Isidore, David Goldman, Greg Wallace, Elise Hammond, Tori B, Powell, Sania Farooqui, Chris Boyette Organizations: CNN, Maryland Gov, Authorities, US Coast Guard, National Transportation Safety, Army Corps, Maryland Department of Labor, National Transportation, NTSB, India’s Ministry, External Affairs Locations: Patapsco, Baltimore, Maryland, Port, Port of Baltimore, America, New York, New Jersey, Vedika Sud

☆ Safety investigators likely to look into whether 'dirty fuel' contributed to Baltimore Bridge collapse
▼ + stars: | 2024-03-28 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Read previewSafety officials are likely to investigate if contaminated fuel played a role in the Baltimore bridge collapse, causing the ship to lose power before it crashed into the Francis Scott Key Bridge, according to reports. Part of the investigation will examine whether "dirty fuel" contributed to the ship's initial loss of power, sources familiar with the matter told The Wall Street Journal. AdvertisementMarine experts say contaminated fuel is a long-standing industry issue and a possible factor in the Baltimore port crash. John Catsimatidis, CEO of United Refining Company, told Fox News that it's not unusual for oil companies to sell ships contaminated fuel. While it's still too early to determine what led to the Baltimore Bridge collapse, industry experts say "dirty fuel" would be one of multiple possible factors in the incident.

Persons: —, Francis Scott Key, Dali, Dali's charterer, Gerald Scoggins, Scoggins, John Catsimatidis, Catsimatidis, Ian Dalby, it's, Jennifer Homendy Organizations: Service, Business, Wall Street, Grace Ocean PTE, Synergy, Maersk, Atlantic Council, Washington Post, United Refining Company, Fox News, Atlantic, National Transportation Safety Locations: Baltimore, Federal

“There’s no strong infrastructure for safety in maritime," said Jim Hall, who led the National Transportation Safety Board from 1994 to 2001. The Dali was flagged in Singapore, which has one of the best safety records of any country where ships are based. It's not listed as one of the 42 countries identified as “flags of convenience” by the International Transport Workers Federation. He said that with maritime shipping being the oldest transportation industry, with its international regulations that rely on many different countries for enforcement, it may have the most problems. “When I talk about those other transportation industries, the maritime industry is the worst offender of safety violations, of labor violations than any other industry,” Rexha said.

Persons: “, Jim Hall, Peter DeFazio of, ”, ” DeFazio, it's, Dali —, Peter Gautier, Dali, It's, Grace Ocean, Douglas Hales, ” Hales, Roland Rexha, midflight, ” Rexha, Michael Kunzelman, Seung Min Kim Organizations: International Maritime Organization, National Transportation, Guard, Former U.S . Rep, Transportation, U.S . Coast Guard, International Chamber of Shipping coalition, Allianz Global, International Transport Workers Federation . Authorities, Synergy Marine, University of Rhode, Port, Marine Engineers, Boeing, Max, Associated Press Locations: Baltimore, London, Former, Peter DeFazio of Oregon, West, New York, United States, U.S, Singapore, Chile, Belgium, Antwerp, Callao, Western Callao, Port of Baltimore, Ohio

☆ Opinion: Why ‘black swans’ are behind the Key Bridge and other shipping disasters
▼ + stars: | 2024-03-28 | by ( Opinion Salvatore R. Mercogliano | ) edition.cnn.com time to read: +9 min

CNN —The allision between the container ship MV Dali and the Francis Scott Key Bridge in Baltimore on Tuesday has prompted numerous questions — not only about how this tragedy occurred, but also about our global shipping processes. This marked the start of a campaign by the Houthis, in support of Hamas in their attack on Israel, against global shipping transiting the Red Sea, Bab-el-Mandeb and the Gulf of Aden. Now, two years later, Baltimore is closed with remains of the Key Bridge athwart the main shipping channel. No one agency has oversight of or coordinates global shipping or ports in the US. There is also no overall maritime strategy for the nation, although the US Department of Transportation, Maritime Administration has been tasked to develop one.

Persons: Salvatore R, Mercogliano, Francis Scott Key, —, Sal Mercogliano Bennett Scarborough, Dali, ”, Jennifer Homendy, Transportation Pete Buttigieg, John Garamendi of, Dusty Johnson of Organizations: Campbell University, Shipping, YouTube, CNN, MV Galaxy Leader, Baltimore, Federal Highway Administration, Transportation, Bethlehem Steel, Department of Transportation, Maritime Administration, US Coast Guard, Army Corps of Engineers, Maryland Department of Transportation, US Department of Transportation, Federal Maritime Commission, Democratic, Republican, Dusty Johnson of South Dakota, Ocean Shipping Reform Locations: Baltimore, Asia, Suez, Los Angeles, Long, Yemen, Israel, Bab, Aden, China, Argentina, Largo, Dali, Sparrows, United States, John Garamendi of California, Dusty Johnson of South

☆ Baltimore disaster may be the largest-ever marine insurance payout, Lloyd's boss says
▼ + stars: | 2024-03-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Baltimore City Fire Boat 2 floats past the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, U.S., on Tuesday, March 26, 2024. The collapse of a major Baltimore bridge and its knock-on effects could result in the biggest-ever marine insurance payout, the chair of insurance giant Lloyd's of London said on Thursday. I don't at this point anticipate that it's outside our realistic disaster scenario planning. It feels like a a very substantial loss, potentially the largest-ever marine insured loss, but not outside parameters that we plan for." Carnegie-Brown added that, while there would clearly be claims for the ship, cargo and the bridge, it is "second-order impacts" that would become "substantial."

Persons: Francis Scott Key, Bruce Carnegie, Brown, CNBC's Organizations: Fire, Analysts, Carnegie Locations: Baltimore, Dali, Patapsco, Baltimore , Maryland, U.S, London

☆ The Dali Is a Big Ship. But Not the Biggest.
▼ + stars: | 2024-03-28 | by ( Ella Koeze | ) www.nytimes.com time to read: +4 min

Empire State Building Approximate width 1,454 feet long MSC Irina Biggest container ship in the world 200 feet wide 24,346 containers 1,312 feet Ever Max Biggest container ship to sail into Baltimore 167 feet 15,432 containers 1,201 feet Eiffel Tower 410 feet 1,083 feet Dali 157 feet 9,971 containers 984 feet Container ship of the 1970s ~2,500 containers 66 feet 705 feet Football field Shapes are approximate. 160 feet 360 feet Empire State Building Approximate width 1,454 feet long MSC Irina Biggest container ship in the world 24,346 containers 200 feet wide 1,312 feet Ever Max Biggest container ship to sail in the Port of Baltimore 15,432 containers 167 feet 1,201 feet Eiffel Tower 410 feet 1,083 feet Dali 157 feet 9,971 containers 984 feet Container ship of the 1970s ~2,500 containers 66 feet 705 feet Football field Shapes are approximate. 160 feet 360 feet 1,454 ft. 1,312 ft. 1,201 ft. 1,083 ft. 984 ft. 24,346 containers 705 ft. 15,432 containers 9,971 containers ~2,500 containers 360 ft. 66 ft. 200 ft. 167 ft. 410 ft. 157 ft. 160 ft. Approximate width Empire State Building MSC Irina Biggest container ship in the world Ever Max Biggest container ship to sail into Baltimore Eiffel Tower Dali Container ship of the 1970s Football field Sources: “The Geography of Transport Systems,” by Jean-Paul Rodrigue; VesselFinder; the Empire State Building; the Eiffel Tower; ShipHub; Maryland Port Administration Note: Widths shown are for the widest point for each ship.

Persons: Dali, Jean, Paul Rodrigue, Francis Scott Key, Theo Notteboom, Athanasios Pallis, ”, Rodrigue, “ Organizations: ., Eiffel, Transport Systems, Empire, Francis Scott Key Bridge, Container, Port Economics, Management, Eastern Seaboard, Texas, M University, Galveston, Baltimore . Locations: Baltimore, Port, ShipHub, Maryland, Panama, Eastern U.S, Suez

☆ I steered ships like the Dali for 13 years. Entering and leaving a port is extremely challenging — here's what should have been done in Baltimore.
▼ + stars: | 2024-03-28 | by ( Claire Turrell | ) www.businessinsider.com time to read: +6 min

Sachin Saxena is a former ship captain who spent 13 years navigating the globe on large ships. AdvertisementThis as-told-to essay is based on a conversation with Sachin Saxena, a 45-year-old former ship captain from Singapore. I captained ships transporting liquid petroleum gas from Asia to the United States for 13 years, from 1997 to 2010. Entering or leaving a port is one of the most challenging parts of any voyage. This will start about 45 seconds after the ship's power has failed.

Persons: Sachin Saxena, —, Dali, Francis Scott Key, aren't, I'd Organizations: Service, Baltimore Locations: Dali, Singapore, Asia, United States, Baltimore

☆ Baltimore port crisis: World's largest container ship company, MSC, dumps diverted cargo problem on US companies
▼ + stars: | 2024-03-28 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

MSC, the largest ocean carrier in the world, has joined the list of ocean carriers terminating the delivery of diverted containers outside of the port for shipping clients as a result of the container ship accident near the Port of Baltimore that led to the tragic bridge collapse. With the Baltimore port indefinitely closed, the decision places the onus of cargo pick up at a diverted port and transport to its final destination on the shipper. MSC added that "passage to and from Baltimore is at this time impossible and will not be reestablished for several weeks if not months." Maersk is the only major carrier to say it will provide transport from diverted ports for customers. Maersk was the charter of the Dali, 10,000-container capacity containership that lost control and crashed into the Francis Scott Key Bridge in the early hours of Tuesday.

Persons: Francis Scott Key Organizations: CNBC, MSC, Port, CMA, Evergreen, Maersk Locations: Port of Baltimore, Baltimore, Dali

☆ Force of Ship Collision Was on the Scale of a Rocket Launch
▼ + stars: | 2024-03-28 | by ( Aatish Bhatia | Francesca Paris | ) www.nytimes.com time to read: +9 min

Erin Schaff/The New York TimesForce of Ship Collision Was on the Scale of a Rocket LaunchThe container ship Dali appeared to move sluggishly before striking the Francis Scott Key Bridge in Baltimore on Tuesday. Experts disagreed on whether it was reasonable for any bridge pier to withstand a direct collision with a massive container ship. F = ma force mass acceleration F = ma force mass accelerationOur first task, and a major source of uncertainty, was finding those numbers. F= (100,000 to 195,000 metric tons) × (7.8 mph - 2.5 mph) / 38 seconds mass acceleration F= (100,000 to 195,000 metric tons) × (7.8 mph - 2.5 mph) / 38 seconds mass acceleration For the actual calculation, we used metric units. We tried one more method: using a formula to calculate the ship collision force published by the American Association of State Highway and Transportation Officials, the industry organization that publishes bridge safety standards.

Persons: Erin Schaff, Dali, Francis Scott Key, “, ”, Ben Schafer, Nii, Sherif El, Themistoklis Sapsis, Tawil Organizations: The New York Times Force, Empire, Saturn, Johns Hopkins, University of Maryland, University of Michigan, M.I.T, American Association of State, Transportation, U.S . Army Corps, Engineers, Reuters, Sunshine Skyway Locations: Baltimore, Dali, Tampa Bay, Florida

☆ 2 bodies recovered from the Baltimore bridge collapse were 'trapped' inside a submerged pickup truck
▼ + stars: | 2024-03-28 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Two victims of the Baltimore bridge collapse were recovered from the Patapsco River Wednesday. Police said divers located a red pickup trick that the men were "trapped" inside. Four men who were working on the bridge when it collapsed are presumed dead and have not been found. AdvertisementTwo of the victims of the Baltimore bridge collapse on Tuesday were recovered from a submerged red pickup truck, authorities said during a news conference on Wednesday. The Francis Scott Key Bridge collapsed after it was struck by the container ship Dali in the early morning hours on Tuesday while construction workers were doing overnight work on the bridge.

Persons: —, Francis Scott Key, Dali Organizations: Police, Service, Business Locations: Baltimore, Patapsco

☆ Biden okays $60 million in aid after Baltimore bridge collapse as governor warns of 'very long road ahead'
▼ + stars: | 2024-03-28 | by ( ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden speaks about on the ongoing response to the Key Bridge collapse in Baltimore, Maryland, during brief remarks prior to departing the White House in Washington, U.S., March 26, 2024. Wes Moore warned Thursday of a "very long road ahead" to recover from the loss of Baltimore's Francis Scott Key Bridge as the Biden administration approved $60 million in immediate federal aid after the deadly collapse. President Joe Biden has pledged the federal government would pay the full cost of rebuilding the bridge. The devastation at the site of the collapse, which happened when the powerless cargo ship struck a pillar supporting the bridge early Tuesday, is extensive. Investigators shared a preliminary timeline of events before the crash, which federal and state officials have said appeared to be an accident.

Persons: Joe Biden, Wes Moore, Baltimore's Francis Scott Key, Biden, Moore, Roland L, Butler Jr, Dali, Investigators Organizations: White, Maryland Gov, Democrat, U.S . Coast Guard, Divers, Maryland State Police, National Transportation Safety Locations: Baltimore , Maryland, Washington , U.S, U.S, Maryland

☆ Port of Baltimore could reopen as soon as May, expert says
▼ + stars: | 2024-03-28 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

However, the expert said clearing the 1,200-foot area between the two pillars that supported the bridge’s main span will be enough to reopen the port to traffic. The expert said pipelines near the bridge could make removing the bridge debris more challenging. According to the Maryland state government, the port supports 15,330 direct jobs and 139,180 jobs in related services. Those are jobs are on land, and does not include crews of the various ships that call on the port. There is also a problem of lost income for ships stuck in the port that are unable to leave.

Persons: Francis Scott Key, Dali, Tom Perez, Joe Biden, “ We’re, ” Organizations: New, New York CNN, CNN, Port, White, MSNBC Locations: New York, Port of Baltimore, Patapsco, Baltimore, Maryland, United States

☆ The Baltimore bridge disaster may lead to the 'largest single marine insurance loss ever,' Lloyd's of London bosses say
▼ + stars: | 2024-03-28 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Read previewThe collapse of Baltimore's Francis Scott Key bridge could lead to the biggest losses in the history of marine insurance, the bosses of Lloyd's of London warned on Thursday. "The tragedy has the capacity to become the largest single marine insurance loss ever," the commercial insurance market's chairman Bruce Carnegie-Brown said in an interview with Reuters. Related stories"I would say it's certainly going to be one of the largest marine losses in history, of that there is little or no doubt," he said. Barclays analysts estimate that the disaster could lead to $3 billion in insurance claims, while Morningstar DBRS put the figure at $4 billion. AdvertisementBoth of those figures would surpass the $1.5 billion losses triggered by the Costa Concordia disaster.

Persons: —, Baltimore's Francis Scott Key, Bruce Carnegie, Brown, John Neal, Neal, Dali, Morningstar DBRS Organizations: Service, Reuters, Business, BBC Radio, Maersk, Barclays Locations: London, Costa Concordia, Italy

☆ Who ends up holding the bag for the Baltimore bridge collapse?
▼ + stars: | 2024-03-28 | by ( Catherine Thorbecke | Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

Marine insurance companies will be on the hook for much of the costs. These insurance companies are backed by insurance companies of their own – a type of business known as a reinsurer. The potential cost of insurance claims from the bridge collapse could be between $1 billion and $3 billion, analysts at Barclays wrote in a note Wednesday. “But other than that, the economic impact of what has happened will be enormous, but not recoverable from the ship,” Davies said. Maryland lawmakers, meanwhile, are drafting an emergency bill to provide income replacement for Port of Baltimore workers impacted by the bridge collapse.

Persons: Baltimore’s Francis Scott Key, ”, John Miklus, Dali, Brendan Holmes, Miklus, Loretta Worters, Worters, Martin Davies, ” Davies, Joe Biden, Francis Scott Key, it’s, ” Biden, Scott Olson, Davies, Bill Ferguson Organizations: New, New York CNN, American Institute of Marine Underwriters, “, Barclays, Grace Ocean, Britannia, Indemnity, International Group, International, CNN, Insurance, Costa, Maritime Law Center, Tulane University, “ Maersk, Federal Highway Administration, Infrastructure Investment, Jobs, Biden, . Workers, Robins, Repair, Port, Maryland Locations: New York, Singapore, Costa Concordia, Italy, Danish, Baltimore , Maryland, Maryland, Baltimore

The highly specialized role — in which a pilot temporarily takes control of a ship from its regular captain — is coming under the spotlight this week. But in the end, maritime experts say, there was likely nothing the pilots could have done to stop the 95,000-ton ship from ploughing into the bridge. “A ship's captain is a general practitioner, if I was to use a medical term,” Post said. He or she would be assigned to one ship leaving a port, Post said, and then disembark to board a second, inbound ship. “They had very little time from the start of the incident until the time they were upon the bridge," Post said.

Persons: —, Dali, Francis Scott Key, It’s, Allan Post, what’s, didn't, Post, “ Organizations: National Transportation Safety, Texas, M Maritime Academy, ” Ship, Association of Maryland Pilots, NTSB Locations: Galveston, “, U.S, Chesapeake, Baltimore

☆ Owner of ship that crashed into Baltimore bridge will likely try to invoke 1851 law used to cap damages after Titanic disaster
▼ + stars: | 2024-03-28 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

The owner of the ship that crashed into the Baltimore bridge faces a mountain of potential lawsuits. Experts say the owner will likely try to invoke an 1851 law to try to cap potential damages. The Limitation of Liability Act was successfully used by the Titanic owner after the 1912 sinking. "If they're fully successful, it will cap how much they have to pay in damages," Michael Sturley, an expert in maritime law and professor at the University of Texas at Austin's School of Law, told BI. However, I must say that the way things look at present, it seems unlikely that a limitation petition will be successful."

Persons: —, Maryland's Francis Scott Key, Dali, Michael Sturley, Sturley, Michael A, McCoy, it's, Martin Davies, Davies, Gordon Carey —, Carey, It's Organizations: Titanic, Service, University of Texas, Austin's School of Law, Private Ltd, Grace Ocean Private, Business, Washington Post, Wall Street, Titanic Inc, Maritime Law Center, Tulane University School of Law, White Star, Reuters, Synergy Marine Group, Synergy Marine Locations: Baltimore, Singapore, Sri Lanka, Patapsco, United States, , Oregon, Oregon

☆ The Baltimore bridge disaster is just the latest knock to global shipping and trade
▼ + stars: | 2024-03-28 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

Over the past few years, supply chain woes have repeatedly come into the spotlight. Since then, global integrated supply chain systems just seem to keep getting disrupted — be it by the COVID-19 pandemic or Russia's war in Ukraine. The domino effect is due to the "just in time" model that supply chains have been relying on for decades. Here are three key reasons why supply chains just seem to keep screwing up in recent years. Examining ongoing conflicts in the Black Sea and Red Sea respectively shows how geopolitical conflicts affect global supply chains.

Persons: —, they've, Donald Trump, Dali, Francis Scott Key, Project44, Nari Viswanathan, Viswanathan, tailspin, Julie Gerdeman, Trump, Rahul Khanna, Geoff Weiss, Allan Post, Justus Heinrich, Khanna Organizations: Service, Business, Maersk, BI, Shipping, Allianz, Allianz Commercial, Technologies Locations: China, Ukraine, Baltimore, The Port, of Baltimore, Europe, Asia, Iran, Israel, Suez, Good, Africa, Panama, El, Egypt

☆ Cargo ship had engine maintenance in port before it collided with Baltimore bridge, officials say
▼ + stars: | 2024-03-28 | by ( ) www.cnbc.com time to read: +8 min

The others were presumed dead, and officials said search efforts had been exhausted. Investigators on Wednesday began collecting evidence from the vessel that struck the Francis Scott Key Bridge the previous day. U.S. Coast Guard Rear Admiral Shannon Gilreath said authorities had been informed that the ship was going to undergo the maintenance. "We were informed that they were going to conduct routine engine maintenance on it while it was in port. Video showed the ship moving at what Maryland's governor said was about 9 mph (15 kph) toward the 1.6-mile (2.6-kilometer) bridge.

Persons: Francis Scott Key, Roland L, Butler Jr, Alejandro Hernandez Fuentes, Dorlian Ronial Castillo Cabrera, Butler, Wes Moore, Shannon Gilreath, Jennifer Homendy, Homendy, Moore, Watson, Pete Buttigieg, Biden, Buttigieg, Gilreath Organizations: Fire, Bloomberg, Getty, U.S . Coast Guard, Maryland State Police, Maryland Gov, . Coast Guard, National Transportation Safety Board, Coast Guard, Homeland Security, Associated Press, Synergy Marine Group, Grace Ocean Private Ltd, White House, Transportation, World Association, Transport Infrastructure Locations: Baltimore, Dali, Patapsco, Baltimore , Maryland, U.S, Maryland, Mexico, Guatemala, Dundalk , Maryland, Honduras, El Salvador, Sri Lanka, Singapore, Port, Germany, Japan, United Kingdom, Windward, Annapolis

“The tankers and cargo ships of 1950 aren’t the tankers and cargo ships of today,” said James Salmon, a spokesman for the Delaware River and Bay Authority. “It’s going to do a number on them,” he said of a modern ship and the hazard it poses to a bridge like the one in Baltimore. Image The new bridge ship collision protection system project on the Delaware Memorial Bridge will install eight stone-filled “dolphin” cylinders, each measuring 80 feet in diameter. Credit... Delaware River and Bay AuthorityThe situation with the Key Bridge is “unique,” said Jim Tymon, executive director of the American Association of State Highway and Transportation Officials, which represents state transportation departments. A protection system was subsequently built around the new pier.

Persons: ”, James Salmon, Francis Scott Key, Michael Rubino, don’t, Joseph Ahlstrom, It’s, “ It’s, Dali, hurtled, Jim Tymon, ” John Snyder, Pete Buttigieg, “, Paul, Gerald Desmond Bridge, Matt Gresham, Joong Kim, Michael Forsythe Organizations: Bay Authority, Port, SUNY Maritime College, New York State, American Association of State, Transportation, National Transportation Safety, Sunshine Skyway, Administration, Baltimore Sun, Union, National Oceanic, Atmospheric Administration, Liberty University Locations: Delaware, Bay, Baltimore, Port of Los Angeles, . Delaware, Maryland, Tampa Bay, Tampa, U.S, Minnesota, Union Pacific, St, New York, Bayonne, New Jersey, Staten Island, Long Beach, Calif, New Orleans, Mississippi, Port of New Orleans

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