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Displaying items by tag: Bridge Collapse

The final remaining span of Baltimore’s Francis Scott Key Bridge — collapsed by a cargo ship crash in late March — has been brought down in a controlled explosion.

As Marine Industry News reports, US Army explosives experts oversaw the demolition on Monday (13 May) some six weeks after the container vessel Dali collided with one of the bridge supports, causing the four-lane bridge to collapse into the Patapsco River.

Six construction workers who were on the bridge at the time were killed in the incident.

Now that the bridge has been exploded into smaller pieces that will be easier to salvage, it’s hoped the narrow channel that represents the only access to the Port of Baltimore — one of the busiest on the US east coast — can soon be cleared to allow shipping to return to full capacity.

Meanwhile, the City of Baltimore has filed a lawsuit against the owners of the Dali, alleging it was “clearly unseaworthy” and was sailed by “an incompetent crew”.

Marine Industry News has more on the story HERE.

Published in Ports & Shipping
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The insurance loss related to collapse of the Francis Scott Key Bridge outside the port of Baltimore, USA this week is likely to be multiple billions of dollars.

That’s according to Lloyd’s of London John Neal, who told Bloomberg that the incident on Tuesday (26 March) “has the potential to be one of the largest marine losses in history”.

Barclays analysts estimate that marine insurers face claims of up to €3 billion, with more than €1 billion of that figure for the bridge collapse alone — while there may be further liability related to disruption to one of the US east coast’s busiest ports.

As Marine Industry News reports, large sections of the 2.57km bridge collapsed after one of its supports was hit by the cargo ship Dali, which reported losing power minutes before the incident.

The bodies of two members of a construction crew who were working on the bridge at the time have been recovered, but four others remain missing.

Marine Industry News has more on the story HERE.

Published in Ports & Shipping

As an island economy, a healthy maritime sector is key to our national competitiveness. Virtually all our imports and exports pass through Irish ports.

Ireland is dependent on ports and shipping services to transport goods and 90% of our trade is moved though Irish ports. Shipping and maritime transport services make a significant contribution to Ireland’s ocean economy, with the sector generating €2.3 billion in turnover and employing over 5,000 people in 2018.

Ireland’s maritime industry continues to grow and progress each year with Irish ports and shipping companies making significant investments. The ports sector in Ireland is currently undergoing a number of expansions and developments with Dublin Port’s Alexandra Basin development, the development of Ringaskiddy in Cork by Port of Cork and the development of Shannon Foynes Port. Along with these major investments, shipping companies are also investing heavily in new tonnage, with Irish Ferries, CLdN and Stena leading new build programmes.

These pages cover the following sectoral areas: shipowners, harbour authorities, shipbrokers, freight forwarders and contractors, cruise liner operators, port users, seamen, merchants, academic institutions, shipyards and repair facilities, naval architects, navy and defence personnel.

Our pages are covering some of the most notable arrivals around our coast and reporting too on port development and shipping news.

This section of the site deals with Port and Shipping News on our largest ports Dublin Port, Port of Cork, the Shannon Estuary, Galway Harbour and Belfast Lough.

A recent study carried out for the Irish Ports Association (IPA) totalled 75.7 billion during 2004 and their net economic impact was some 5.5 billion supporting around 57, 500 full time employees.

Liam Lacey, Director of the Marine Institute’s Irish Maritime Development Office (IMDO) said, “The Irish maritime industry can look to the future with confidence. It has shown itself to be resilient and agile in responding to challenges. Over the past decade, it has had to respond to the challenges of the financial crisis of 2008, the uncertainty surrounding Brexit and recent challenges. Ireland’s maritime sector has continued to underpin our economy by maintaining vital shipping links for both trade and tourism.”