financetom
Economy
financetom
/
Economy
/
Key Baltimore Bridge Collapses Following Containership Collision
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Key Baltimore Bridge Collapses Following Containership Collision
Mar 26, 2024 11:34 AM

02:00 PM EDT, 03/26/2024 (MT Newswires) -- A container ship crashed into a key Baltimore bridge early Tuesday, prompting Maryland Governor Wes Moore to declare a state of emergency and authorities to suspend vessel traffic into and out of the Port of Baltimore.

The ship named "Dali" collided with one of the pillars of the Francis Scott Key Bridge at about 1:30 a.m. local time, according to Synergy Marine Group, the operator of the vessel. Response boat crews from the US Coast Guard were deployed to the incident for an "active search and rescue" after the 948-foot containership carrying the Singapore flag collided with the bridge, the Coast Guard said in a statement.

A search for six members of a construction crew that was on the bridge was underway, Maryland Department of Transportation Secretary Paul Wiedefeld said during a press conference Tuesday. Two other workers, part of the crew fixing potholes, were rescued from the Patapsco River, according to CBS News.

Dali was chartered by Maersk at the time of the incident, the Danish shipper said in a statement. It said no Maersk crew and personnel had been onboard the vessel. Consol Energy ( CEIX ) shares fell more than 7% as Consol's Baltimore Marine Terminal is used for loading coal into large ocean-going ships in the area. Seagirt Marine Terminal at the Port of Baltimore will halt receiving exports on Tuesday, port authorities reportedly told Bloomberg.

Dali was en route to Colombo, Sri Lanka, according to the VesselFinder website.

"We had a ship that was coming in at eight knots, so coming in at a very, very rapid speed," Moore said at the press conference. Once a Mayday distress signal came in, cars were stopped from coming over the bridge, he said.

The Maryland Port Administration said vessel traffic was suspended into and out of the Port of Baltimore until further notice. "This does not mean the Port of Baltimore is closed. Trucks are being processed within our marine terminals," it said. Moore said there was no estimate of when vessel traffic at the Port of Baltimore would be able to resume.

The 1.6-mile Key Bridge opened in March 1977 as the final link in I-695, known as the Baltimore Beltway, according to the Maryland Transportation Authority. The facility also includes the Curtis Creek Drawbridge, including the bridge and approach roadways, running about 10.9 miles in length.

Price: 79.88, Change: -6.47, Percent Change: -7.49

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 >
Zoomed Out | Critical Minerals — why India's current strategy to become self-reliant is so vital
Zoomed Out | Critical Minerals — why India's current strategy to become self-reliant is so vital
Nov 29, 2023
Internationally, there are genuine security concerns related to the criticality in building more diverse and dependable value chains for critical minerals, about their environmental and social sustainability, and technological challenges. While, India has taken the right steps for creating an ecosystem for accelerated exploration and production of critical and new age minerals, observes FICCI Mining Committee Co-Chair Pankaj Satija.
In fight to curb climate change, a grim report shows world is struggling to get on track
In fight to curb climate change, a grim report shows world is struggling to get on track
Nov 14, 2023
The State of Climate Action report released on Tuesday by the World Resources Institute, Climate Action Tracker, the Bezos Earth Fund and others looks at what's needed in several sectors of the global economy power, transportation, buildings, industry, finance and forestry to fit in a world that limits warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) over pre-industrial times, the goal the world adopted at Paris in 2015. The globe has already warmed about 1.2 degrees Celsius (2.2 degrees Fahrenheit) since the mid-19th century.
India looking into 'freak' incidents like damage to Sikkim's Chungthang dam: RK Singh
India looking into 'freak' incidents like damage to Sikkim's Chungthang dam: RK Singh
Oct 18, 2023
Stressing on the need to have quick ramp up and ramp down energy sources for grid balancing, the minister described hydroelectric power's role as essential in the path to energy transition as wind energy is intermittent and the sun doesn't shine 24×7.
JPMorgan has a new way to gauge its green progress
JPMorgan has a new way to gauge its green progress
Nov 15, 2023
As the largest energy banker, JPMorgan is a frequent target of criticism over Wall Street’s role in the climate crisis. At the same time, the bank is a leading US arranger of green bonds, making it vulnerable to Republicans seeking to protect the fossil fuel industry.
Copyright 2023-2025 - www.financetom.com All Rights Reserved