On the day the Francis Scott Key Bridge in Baltimore collapsed, President Joe Biden said the federal government would pay the “entire cost” of rebuilding it, which some suggest could run to more than $1 billion. Washington will foot the bill so the bridge and nearby port can reopen “as soon as humanly possible,” he … Read more
Baltimore’s Francis Scott Key Bridge collapse could cost insurers billions of dollars in claims, analysts say, with one putting it at as much as $4 billion, which would make the tragedy a record shipping insurance loss. Six people are still missing after a collision with a Singapore-flagged container ship destroyed the landmark bridge on Tuesday, … Read more
Even before an enormous container ship rammed a bridge in Baltimore in the early hours of Tuesday, sending the span hurtling into the Patapsco River, and halting cargo traffic at a major U.S. port, there was ample reason to worry about the troubles dogging the global supply chain. Between swirling geopolitical winds, the variables of … Read more
One of the 22 Indian crew manning a cargo ship, Dali, which collided against a bridge in Baltimore has suffered a “minor injury” while the rest are all safe aboard the vessel, owners of the Singapore-flagged ship said on Wednesday. The 2.6km-long, four-lane Francis Scott Key Bridge over the Patapsco River in Baltimore, came crashing … Read more
Eight individuals from a construction crew fixing potholes on the bridge fell into the water, two of whom survived. Unfortunately, six people are currently unaccounted. Joe Biden said that he would not cut off weapons like the Iron Dome missile interceptors, which are crucial for protecting Israeli civilians from rocket attacks. Washington: Foreseeing the alertness … Read more
It was the middle of the night when a dispatcher’s 12-second warning crackled over the radio: A massive cargo ship had lost its steering capabilities and was heading toward the Francis Scott Key Bridge. Within about 90 seconds, police officers responded that they had managed to stop vehicle traffic over the bridge in both directions. … Read more
The 1.6 mile-long bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks. As much as 2.5 million tons of coal, hundreds of cars made by Ford Motor Co., and General Motors Co., and lumber and gypsum are threatened with disruption after the container ship Dali slammed into … Read more
