Tugboat Paves the Way for Alternate Shipping Channel in Baltimore

The text discusses the aftermath of the collapse of Baltimore's Francis Scott Key and the efforts being made to resume shipping traffic through the port. A tugboat pushing a fuel barge was the first vessel to use an alternate channel to bypass the wreckage.

Cargo Ship Collision Causes Francis Scott Key Bridge Collapse
Cargo Ship Collision Causes Collapse (Image source: Twitter)

The temporary channel is open primarily to vessels aiding in the cleanup. Governor visited centers opened by the Small Business Administration to assist companies with loans due to losses from the .

A bill is being considered to use the state's rainy day fund to help port employees and small businesses affected by the closure. Crews are working to remove debris from the collapsed bridge, with the priority being the recovery of the remaining bodies.

The ship involved in the incident remains stationary, and its crew members are on board. President is expected to visit the site to offer federal resources for the response effort.

Read More: Navigating the Aftermath: Baltimore Bridge Collapse Recovery Efforts and Economic Impact

“What we're finding is it is more complicated than we hoped for initially,” said U.S. Coast Guard Rear Admiral Shannon Gilreath.

The companies managing the cargo ship have filed a court petition to limit their legal liability in the incident. The estimated costs for repair and salvage are significant.

The petition aims to limit the corporations' responsibility to around $43.6 million. It approximates the value of the ship at a maximum of $90 million and indicates that it was owed more than $1.1 million in freight income. The calculation also subtracts two significant expenditures: a minimum of $28 million for repairs and at least $19.5 million for salvage expenses.

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