Arun Vajpey
Member
If that's true and now that the news has got out, I expect there will be not only insurance cover implications but also pressure on the shipping company to shoulder the costs despite this:According to news reports she was experiencing intermittent power failures the previous 2 days or so. I suspect the company was putting pressure on them to get the cargo delivered and they took a chance and went for it. A bad gamble on their part.
President Joe Biden stated that "the federal government will pay for the entire cost of reconstructing the Francis Scott Key Bridge". He also affirmed all resources were being made available to assist in the response to the incident. He said that he had plans to visit Baltimore in the days after the incident. The U.S. Army Corps of Engineers (USACE) announced that their Baltimore District "has activated its Emergency Operations Center. More than 1,100 engineering, construction, contracting and operations specialists are to provide support to local, state and federal agencies."
The reconstruction alone could cost around $2 billion according to 2022 conversion of original expenses. Then there is the disruption caused to communters - I understand the road across was part of the I-695 highway link. Under the circumstances, is it a wise political move by Biden to jump in to accept responsibility in a state that normally Democrat but has swung a few times in the past?