financetom
Business
financetom
/
Business
/
Ship that hit Maryland bridge had lost power several times, investigators say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ship that hit Maryland bridge had lost power several times, investigators say
May 14, 2024 3:54 PM

WASHINGTON, May 14 (Reuters) -

The cargo ship Dali lost electrical power several times

before it crashed into the Francis Scott Key Bridge in March,

killing six people and paralyzing a major transportation artery

for the U.S, Northeast, federal investigators said on Tuesday.

The National Transportation Safety Board (NTSB) said in a

preliminary report that about 10 hours before leaving Baltimore

the Dali experienced a blackout during in-port maintenance and

shortly before the crash.

The board said the cargo ship had other outages including

about four minutes before the crash when electrical breakers

unexpectedly tripped causing a loss of power to all shipboard

lighting and most equipment when it was 0.6 mile (1 km) from the

bridge.

The Dali crew restored power, but another blackout occurred

0.2 mile (about 320 meters) from the bridge, which stopped all

three steering pumps. The crew was unable to move the rudder to

steer.

The NTSB said it "is still investigating the electrical

configuration following the first in-port blackout and potential

impacts on the events during the accident voyage."

The report includes the first published investigative

findings since the fully loaded container ship Dali caused the

highway bridge to tumble into the Patapsco River. NTSB Chair

Jennifer Homendy will testify before a U.S. House committee on

Wednesday on the federal response to the collapse.

The report found no issues with the quality of the fuel

onboard.

In April, the FBI opened a criminal probe into the collapse.

Safety investigators recovered the ship's "black box" recorder,

which provides data on its position, speed, heading, radar, and

bridge audio and radio communications, as well as alarms.

The bridge's insurer Chubb said this month it was

preparing to pay $350 million to the state of Maryland, which

could be the first major payout tied to the bridge collapse.

U.S. crews in Baltimore set off controlled explosions

on Monday to allow them to remove a portion of the bridge from

the bow of the Dali. This will allow salvage crews to haul away

the twisted metal wreckage using cranes and barges, the U.S.

Army Corps of Engineers said.

Crews have opened four temporary channels since the crash,

allowing some shipping to resume. The Corps said it aims to

restore port access to full capacity by the end of May.

Maryland estimates it will cost $1.7 billion to $1.9 billion

to rebuild the bridge and anticipates completion by fall 2028.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Morgan Stanley Obtains $700M Property Loan From Blackstone Venture
Morgan Stanley Obtains $700M Property Loan From Blackstone Venture
May 15, 2024
Morgan Stanley ( MS ) has entered into a deal to acquire around $700 million of property loans from the failed Signature Bank through a consortium. The consortium involves Blackstone Inc. ( BX ) , Canada Pension Plan Investment Board, and Rialto Capital. The transaction, marks a significant move in the commercial-property finance arena, according to a report from Bloomberg....
EXPLAINER-How Boeing could face the criminal prosecution it avoided in 2021
EXPLAINER-How Boeing could face the criminal prosecution it avoided in 2021
May 15, 2024
May 15 (Reuters) - The U.S. Justice Department said Boeing ( BA ) breached its obligations under a 2021 agreement that kept the planemaker from criminal prosecution following fatal 737 MAX crashes in 2018 and 2019 that killed 346 people. The finding raises the prospect of Boeing ( BA ) facing prosecution it had previously avoided, which could result in...
Blue Star Foods to Implement 1-For-50 Reverse Stock Split; Shares Rise
Blue Star Foods to Implement 1-For-50 Reverse Stock Split; Shares Rise
May 15, 2024
01:27 PM EDT, 05/15/2024 (MT Newswires) -- Blue Star Foods ( BSFC ) said Wednesday that it will implement a 1-for-50 reverse stock split to bring it into compliance with the $1.00 minimum bid price requirement to maintain its listing on Nasdaq. The company said its shares will start trading on a split-adjusted basis Monday. The shares were up about...
BJ's Wholesale Club to See Tough Q1 Setup, 'Improving' Results for Rest of 2024, UBS Says
BJ's Wholesale Club to See Tough Q1 Setup, 'Improving' Results for Rest of 2024, UBS Says
May 15, 2024
01:31 PM EDT, 05/15/2024 (MT Newswires) -- BJ's Wholesale Club Holdings (BJ) is likely to see a tougher setup in Q1, but is well-positioned for improving results for the rest of the year, UBS said in a note emailed Wednesday. BJ's top line was likely impacted by a tough inflationary backdrop & fuel profitability headwinds. Still, we believe the consensus...
Copyright 2023-2026 - www.financetom.com All Rights Reserved