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☆ As Bridge Cleanup Gets Underway, Officials Warn of ‘Daunting’ Process
▼ + stars: | 2024-03-29 | by ( Michael Corkery | ) www.nytimes.com time to read: +1 min

With search and rescue efforts over, officials have fully turned to the cleanup and rebuilding phase in the aftermath of the collapse of the Francis Scott Key Bridge in Baltimore. But reconstructing the bridge will be a long process, federal and state officials cautioned. The bridge collapse on Tuesday, caused by a 985-foot ship that struck a critical component of the structure, has rocked Baltimore and the shipping industry at large. Officials have called off the search for the other missing men, who are presumed dead, saying divers can no longer reach the area where they believe more victims remain, and moved to a cleanup operation. Wes Moore of Maryland said of the process on Thursday, declining to give a timeline.

Persons: Francis Scott Key, Wes Moore, Maryland Organizations: Port, Baltimore Locations: Baltimore, Port of Baltimore

☆ 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

☆ Biden Will Visit Baltimore Next Week After Bridge Collapse
▼ + stars: | 2024-03-29 | by ( Zach Montague | More About Zach Montague | ) www.nytimes.com time to read: +1 min

President Biden said on Friday that he would travel to Baltimore next week as officials race to manage the fallout from the collapse of the Francis Scott Key Bridge. Wes Moore of Maryland, a close political ally, as he visits the city a week after a cargo ship struck a pylon early Tuesday, plunging the bridge into the water below. The bodies of two construction workers who were fixing potholes on the bridge have been recovered, and four others are presumed dead. The disaster has paralyzed shipping in and out of the Port of Baltimore. On Thursday, the administration announced it would provide $60 million in “quick release” emergency relief that it described as “a down payment toward initial costs.” Mr. Biden has said the federal government would “pay the entire cost of reconstructing” the bridge.

Persons: Biden, Francis Scott Key, Wes Moore, Mr Organizations: Gov, Transportation Department, Coast Guard, Army Corps of Engineers, National Transportation Locations: Baltimore, Maryland, Port of Baltimore

☆ The S&P 500 just turned in its best first quarter since 2019
▼ + stars: | 2024-03-28 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

The S&P 500 index rose 10.2% during the first three months of the year, its best first-quarter performance since 2019. The S&P 500 on Thursday logged its 22nd record-high close of the year. Companies in the S&P 500 saw earnings grow 4.3% during the fourth quarter of 2023 from the prior year, according to FactSet data. Analysts polled by FactSet expect S&P 500 earnings to grow by more than 10% for all of 2024. About 140,000 cars a day traversed the I-35W bridge that once stood more than 100 feet above the Mighty Mississippi.

Persons: Bell, Bitcoin, What’s, Leslie Thompson, Warren Buffett’s, Zachary Hill, ”, Elisabeth Buchwald, Samantha Delouya, Ron DeSantis, DeSantis, Disney’s, Bob Chapek, “ Don’t, ” Chapek, ” DeSantis, “ I’m, Read, Francis Scott Key, Alicia Wallace, ” Christopher Phelan, ” Read Organizations: CNN Business, Bell, New, New York CNN, Traders, Dow Jones Industrial, Nasdaq, Investment Research, Dow, Apple, Nvidia, Meta, Microsoft, Spectrum Wealth Management, Companies, FactSet, Research, Horizon Investments, Disney, Central, Republican Gov, Central Florida Tourism, Twin, University of Minnesota, CNN Locations: New York, China, Florida, Central Florida, Central Florida Tourism District, Orlando, Baltimore, Minneapolis, Mississippi, Twin Cities, Mighty Mississippi, Minnesota

☆ 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 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

☆ 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

☆ 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

☆ 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

☆ CNBC Daily Open: Focus turns to key inflation data
▼ + stars: | 2024-03-28 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Photographer: Christopher Dilts/Bloomberg via Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Xi on China tech progressChinese President Xi Jinping told Dutch Prime Minister Mark Rutte that no force can stop China's tech advance. Separately, Xi also told U.S. executives that bilateral ties can have a "brighter future" and vowed to improve the business environment. The next few days could prove crucial in diverting trade away from the port, logistics executives told CNBC, after a container ship collided into the Francis Scott Key Bridge early Tuesday.

Persons: Christopher Dilts, Topix, Xi, Xi Jinping, Mark Rutte, Janet Yellen, Yellen, Francis Scott Key, David Neuhauser Organizations: Bloomberg, Getty, CNBC, Nikkei, U.S ., CSI, Dow, Nasdaq, Dutch, Xinhua News Agency, U.S, Treasury, Francis Scott Key Bridge, Livermore Partners Locations: Chicago , Illinois, Japan, Seng, China, Beijing, U.S, Baltimore, Port of Baltimore

☆ CNBC Daily Open: A key inflation gauge in focus
▼ + stars: | 2024-03-28 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Yellen on China dumpingU.S. Treasury Secretary Janet Yellen warned that China is dumping its surplus of solar panels and EVs on global markets, distorting market prices. This signals Beijing's latest efforts to boost foreign investment in China as relations with the U.S remain fraught. Investors anxious over a market decline should hedge their positions to limit risk in financial assets, according to fund managers.

Persons: Janet Yellen, Yellen, Xi Jinping, Stephen Schwarzman, Cristiano Amon, Mark Carney, Francis Scott Key, David Neuhauser Organizations: CNBC, Dow, Treasury, U.S, Blackstone, Qualcomm, Bloomberg, Francis Scott Key Bridge, Livermore Partners Locations: Yellen, China, U.S, Baltimore, Port of Baltimore

NTSB crews used the ship’s voyage data recorder, or VDR, to piece together a rough timeline of events leading up to the collision. But it will take months for them to gather the piles of physical evidence, maintenance records, ship data and witness interviews required to deliver a full report, Homendy said. • 01:24:59 a.m.: Numerous audible alarms were recorded on the ship’s bridge audio. • 01:26:39 a.m.: The ship’s pilot made a general very high frequency (VHF) radio call for tugboats in the vicinity to assist the vessel. • Around 01:27:04 a.m.: The pilot ordered that the ship’s port anchor be dropped and issued additional steering commands.

Persons: Baltimore’s Francis Scott Key, Jennifer Homendy, Marcel Muise, Investigators, Homendy, “, who’ve, ” Homendy, James Wallace, Peter Gautier, Divers, Roland L, Butler Jr, Pete Buttigieg, Alejandro Hernandez Fuentes, Dorlian Ronial Castillo Cabrera, Butler, ”, Miguel Luna, Maynor, Andrés Manuel López Obrador, CNN’s Tori B, Powell, Sarah Engel, Elise Hammond, Curt Devine, Casey Tolan, Isabelle Chapman, Daniel Medina, Sahar Akbarzai, Melissa Alonso, Hande Atay Alam, Lucas Lilieholm Organizations: CNN, Transportation, NTSB, Port, Fort McHenry, Maryland Transportation Authority, •, US Coast Guard, Maritime, Port Authority, Baltimore City Fire, Coast Guard, Ministry of Foreign Affairs Locations: Seagirt, Port of Boston, Maryland, Singapore, Baltimore, Patapsco, Mexico, Guatemala, Camotán, Mexican

☆ 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

☆ 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

☆ 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 true face of immigration
▼ + stars: | 2024-03-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +3 min

CNN —Baltimore was sleeping when the fully laden cargo ship, adrift and without power, slammed into the Francis Scott Key Bridge, bringing it down in seconds. All of those missing were immigrants, outsiders who had come to the US from Mexico and Central America for a better life. Miguel Luna, an immigrant from El Salvador, has been identified as one of the six people who was on the Francis Scott Key Bridge when it collapsed Tuesday. And when the Francis Scott Key Bridge rises again, it’s a good bet it will be immigrants who are building it. CORRECTION: This story has been updated to reflect that the missing immigrants in the Baltimore Key Bridge collapse were from Central America.

Persons: Francis Scott Key, Donald Trump, Biden, ” Trump, Trump’s, Miguel Luna, Maynor Yassir Suazo Sandoval, Yassir Suazo Sandoval, Martin Suazo, it’s Organizations: CNN, Central America, “, CNN One Locations: Mexico, Central, United States, Manchester , New Hampshire, El Salvador, Maryland, Honduran, Baltimore, Central America

☆ 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

☆ ‘He Was My Baby Brother’: Relatives Mourn a Victim of the Bridge Collapse
▼ + stars: | 2024-03-28 | by ( Eduardo Medina | More About Eduardo Medina | ) www.nytimes.com time to read: 1 min

Jose López, a father of two, had worked in road and bridge repairs for two years and didn’t mind the difficult overnight shifts, his brother Jovani López said. They helped with what Jovani López said his little brother saw as his purpose in life: providing food and shelter for his family. Jovani López said his brother was one of six construction workers who died after the Francis Scott Key Bridge in Baltimore was struck by a ship and collapsed, plunging Mr. López and several other workers into the Patapsco River. “He was a great father,” Jovani López, 53, said of his younger sibling, who was in his 30s. He paused, wiped tears from his eyes, and said: “He was my baby brother.”

Persons: Jose López, Jovani López, Francis Scott Key, López, ” Jovani, ” Locations: Baltimore, Patapsco

☆ 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

☆ 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

☆ How the Baltimore bridge collapse spawned a torrent of instant conspiracy theories
▼ + stars: | 2024-03-28 | by ( Donie O'Sullivan | ) edition.cnn.com time to read: +9 min

It is entirely possibly that millions of Americans encountered false claims about the bridge collapse when they woke up Tuesday morning before ever seeing the facts. Politics is everythingWhat is perhaps most notable about how quickly and widely conspiracy theories about a breaking news story spread is just how normal this all is right now. Jewish space lasersAs news unfolded on Tuesday, the conspiracy theories continued. Greene has not weighed in on the cause of the bridge collapse. Jewish space lasers were not responsible for the wildfires, nor the Baltimore bridge collapse.

Persons: Francis Scott Key, Israel, ”, Ben Decker, Andrew Tate, Tate, Tate’s, Elon Musk, meekly, Sandy Hook, Alex Jones, “, ” Jones, Jones, Baltimore’s, Baltimore Mayor Brandon Scott, it’s, Biden, Taylor Swift, Joe Biden, Trump, X, David Simon, Simon, –, Marjorie Taylor Greene, Greene Organizations: CNN, Facebook, Maryland State Police, Coast Guard, Baltimore Mayor, Equity, FBI, Republicans, Netflix, HBO, Georgia Republican Locations: Baltimore, Covid, USA, Romania, United Kingdom, Florida, Texas, California, Georgia

☆ 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

☆ MLB Opening Day: 2024 regular season kicks off in full with Shohei Ohtani cloud looming
▼ + stars: | 2024-03-28 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

CNN —Although fans have been treated to a glimpse of MLB action, the 2024 season kicks off in full on Thursday with Opening Day. How to watchThe Opening Day slate of games takes place on Thursday, March 28, with 26 teams taking to the field. The Baltimore Orioles and the Los Angeles Angels kick off the day’s action at 3:05 PM ET at Camden Yards in Maryland. Ohtani cloud overshadows Dodgers startThe majority of the Los Angeles Dodgers offseason was dominated with optimism and talk of a World Series challenge after the acquisition of two-time MVP Shohei Ohtani and pitching phenom Yoshinobu Yamamoto. Ohtani prepares for a pitch during the Dodgers' preseason game against the Los Angeles Angels.

Persons: Tuesday’s Francis Scott Key, Shohei Ohtani, phenom Yoshinobu Yamamoto, Ohtani, Ippei, Mizuhara, Yamamoto, Mookie Betts, Freddie Freeman, Will Smith, Tyler Glasnow, Walker Buehler, Harry, Juan Soto, Soto, Aaron Judge, Giancarlo Stanton, Gerrit Cole, Stanton, Nathan Ray Seebeck, Ronald Acuña Jr, Acuña, Tim Nwachukwu, Wyatt Longford Organizations: CNN, Seoul, Los Angeles Dodgers, San Deigo Padres, MLB, Baltimore Orioles, Los Angeles Angels, Camden, Orioles, Dodgers, ESPN, Los Angeles Times, baseball’s, League, St, Louis Cardinals, Bronx Bombers, New York Yankees, Yankees, San Diego Padres, San, American League, Houston Astros, Judge, Atlanta Braves, Philadelphia Phillies, National League, Braves, NL, Phillies, National, Texas Rangers, Chicago Cubs, Washington Nationals, Cincinnati Reds, San Francisco Giants, Toronto Blue Jays, Tampa Bay Rays, Minnesota Twins, Kansas City Royals, Detroit Tigers, Chicago White Sox, Pittsburgh Pirates, Miami Marlins –, Cleveland Guardians, Oakland Athletics –, Colorado Rockies, Arizona Diamondbacks, Boston Red Sox, Seattle Mariners, Milwaukee Brewers, New York Mets, @ @ @ @ @ @ @ @ @ Locations: South Korea, Camden Yards, Maryland, Seoul, Ohtani, San Diego, Atlanta, Texas

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

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