Mainly I’m curious if the insurance of the ship or any other kind of insurance company will be involved + any other source that will pay for this.
Im totally aware that first an investigation must be completed to know the causes in order to determine liabilities and consequences. Hypothetical cases are welcome 🙂
In: Economics
While it should be covered by the shipping company and the Maryland Transit Authority (who runs and collects tolls on the bridge) it will almost certainly be the US federal government and DOT.
I say that, somewhat sarcastically, because the Key bridge is a major part of Baltimores traffic management plan and having all that debris in the Patapsco River has shut down ports. This needs to be cleaned up and repaired(replaced) as quickly as possible. Waiting for courts to determine liability takes time, effort, and money. The Federal Government can start cleanup today.
I point out liability, because similar to the Evergreen container ship that got stuck in the Suez Canal, the ship owner and the operator are not always the same company. So the operator will say it was a faulty ship, and the ship owner will say it was poorly maintained and operated. Meanwhile the clean up isn’t happening because neither company wants to foot the bill.
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