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What is the short term outlook for Kamadgiri Fashion Limited (514322) ✌️【Long-term Investment】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. A massive cargo ship plowed intoBaltimore’s Francis Scott Key Bridgeearly Tuesday, causing the 1.6-mile structure to crumble like a pile of toothpicks – plunging cars and people into the frigid water below.
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But search-and-recovery efforts for the four remaining workers who are presumed dead have been paused as crews grapple with dangerous debris, treacherous conditions in the water and the presence of hazardous materials aboard the ship.
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“Just minutes before (hitting) the bridge, there was a total blackout on the ship, meaning that the shiplost engine powerand electrical power. It was a complete blackout,” said Clay Diamond, executive director and general counsel of the American Pilots Association.
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Instead of crossing under the center of the bridge, where the clearance was highest, the ship drifted to the right and crashed into a pillar.
“As a result (of the momentary loss of power), it was unable to maintain the desired heading and collided with the Francis Scott Key bridge,” the agency said in a statement, citing information from the ship’s management company – Synergy Marine Pte Ltd.
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It could take a few days before wreckage is cleared above and below the water, Baltimore City Fire Chief James Wallace told 【 - Free Trading Strategy Suggestions 】 on Wednesday night.
“Once that salvage effort takes place and that superstructure is removed, those same divers are gonna go back out there and bring those people closure,” Butler told reporters Wednesday.
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Officials with CASA, an organization supporting working-class immigrants and people of color, spoke on Friday about the dangers construction workers face, saying these essential workers perform dangerous yet critical work at significant personal risk so others can live their lives.
“These workers who make it possible to get to work… who work at night and in the cold and throughout the pandemic - so our lives are made easier,” said CASA Executive Director Gustavo Torres.
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Dorlian Castillo Cabrera came to the US from Guatemala to pursue his dream and help his mother, Marlon Castillo, his cousin, told 【 - Free Trading Strategy Suggestions 】. Pima Castillo, Cabrera’s sister-in-law, said he had been working at Brawner Builders for at least three years and loved his job.
In Dundalk, Maryland, the Owls Corner Café is rallying behind one of its employees, whose husband – Jose Mynor Lopez – has been missing since the bridge collapsed. Lopez’s wife, Isabel Franco, works for the cafe, according to owner Lilly Ordonez.
“Jose was a great man, husband, and dad,” Ordonez told 【 - Free Trading Strategy Suggestions 】 on Wednesday. “An extremely hardworking individual, a great provider, and family man.”
Carlos Hernández, a 24-year-old construction worker from Mexico, sent his girlfriend a voice memo from the bridge minutes before the collapse.
“Yes, my love, we just poured the cement and we’re just waiting for it to dry,” Hernández told Jazmin Alvarez, according to the voice note she shared with 【 - Free Trading Strategy Suggestions 】 affiliate Univision.
Hernández’s mother told Univision she’s asking for help getting a humanitarian visa so she can travel to Maryland and exert pressure to keep searching for her son.
“I wake up, I want to think I am dreaming,” Hernández’s mother, Lucia Zambrano, told Univision. “But I wake up and I know this is reality – that my son was there.”
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“It was a crew who was repairing parts of the potholes on the bridge, and they’re the ones who are going to build the bridge again – the Latinos,” he said.
Of the eight total people on the bridge, seven were employees at Brawner Builders, Executive Vice President Jeffrey Pritzker told 【 - Free Trading Strategy Suggestions 】. Only one of them survived.
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Of the 21 crew members on board, 20 are Indian nationals who are “in good shape,” India’s Ministry of External Affairs said Thursday. “One of them got injured slightly,” spokesperson Randhir Jaiswal said.
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“That’s 764 tons of hazardous materials — mostly corrosives, flammables, and some miscellaneous hazardous materials, class nine hazardous materials, which would include lithium ion batteries,” Homendy said.
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Of the ship’s 4,700 cargo containers, only two went missing overboard – and neither contains hazardous materials, Gautier said. He said the vessel does have more than 1.5 million gallons of oil on board, but they remain stable.
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But the “majority” of those containers carrying hazardous materials “are closer to the pilot house and are completely unaffected by the damage to the bow of the ship,” Gautier said.
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“The preliminary investigation points to an accident,” Maryland Gov. Wes Moore said Tuesday. “We haven’t seen any credible evidence of a terrorist attack.”
But there are multiple reasons why the FBI responded, former Deputy FBI Director Andrew McCabe said.
“The first is because when you have an event like this that calls for a massive response (and) resources, all of the local law enforcement entities, federal entities, whoever’s in the area, because of mutual aid agreements, will show up and contribute whatever resources they have,” McCabe told 【 - Free Trading Strategy Suggestions 】.
“They will look through all their intelligence holdings to see if there’s any chatter talking about plans or targeting, about locations like this, to see if there’s anything in the background that we should have been aware of and watching for,” McCabe said.
During the investigation – which could last one to two years – the NTSB will try to determine what happened on the Dali and will also examine the structure of the bridge itself. A preliminary report should be available in two to four weeks, Homendy said.
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But it’s “too soon” to estimate when the port will reopen, US Transportation Secretary Pete Buttigieg told 【 - Free Trading Strategy Suggestions 】 Thursday. That will depend on assessments by the US Army Corps of Engineers and others as they work to understand the extent of the debris, he said.
“The longer the disruptions go on, the more you can see them cause some of these economic distortions,” Buttigieg said.
In the meantime, ports along the East Coast can temporarily accommodate extra traffic. But “we just need to make sure that whether it’s vehicles or other bulk products that there are plans for things that are a little more specialized,” Buttigieg said.
“It’s my intention that the federal government will pay for the entire cost of reconstructing that bridge. And I expect the Congress to support my effort,” the president said.
“15,000 jobs depend on that port, and we’re gonna do everything we can to protect those jobs and help those workers,” Biden said.
【 - Free Trading Strategy Suggestions 】’s Ella Nilsen, Allison Gordon, Flora Charner, Amy Simonson, Jennifer Henderson, Sahar Akbarzai, Andy Rose, Derek van Dam, Monica Garrett, AnneClaire Stapleton, Louis Mian, Casey Riddle, Kit Maher, Sean Lyngaas, Mary Kay Mallonee, Melissa Alonso, Maria Santana, Elizabeth Wolfe, Vedika Sud and Sania Farooqui contributed to this report.
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