Baltimore Bridge Insurer Will Pay Out $350 Million After Collapse

Gizmodo

Chubb, the insurer of Baltimore’s Francis Scott Key Bridge, is reportedly preparing to make a $350 million payout to Maryland a little more than a month after it collapsed.

FBI Opens Criminal Investigation Into the Collapse of Baltimore Bridge

Gizmodo

The FBI has opened a criminal investigation into the collapse of the Francis Scott Key Bridge, a key commuter bridge in Maryland right outside of Baltimore that was struck by a cargo ship several weeks ago and subsequently collapsed.

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See inside a 958-foot container ship, from the crew's living quarters to the massive engine room

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Cargo ship

ROSLAN RAHMAN/AFP via Getty Images

The container ship that destroyed the Francis Scott Key Bridge has crashed before

Tech Insider

A large container ship crashed into a Maryland bridge near one of the largest ports on the US East Coast. Two people have been rescued amid an ongoing search for survivors.

US protection may not be enough to convince shipping giants they're safe from Iran-backed Houthi rebels in the Red Sea

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A Maersk cargo ship
Maersk is shutting down travel through the Red Sea again after a Houthi rebel attack.

picture alliance / Getty Images

The wild attacks on ships in the Red Sea are another geopolitical shock that could drive up inflation

Tech Insider : Economy, Economy
A Cargo Ship surrounded by Houthi boats in the Red Sea
The Galaxy Leader cargo ship being escorted by Houthi boats in the Red Sea on November 20, 2023.

Houthi Military Media/Handout

Shipping giants are going dark in the Red Sea and turning off their tracking signals to avoid being detected

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A Cargo Ship surrounded by Houthi boats in the Red Sea
The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023.

Houthi Military Media/Handout

Attacks on ships in the Red Sea are escalating, sparking fears of supply-chain disruptions

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Containers are seen on the Maersk's container ship Maersk Gibraltar at the APM Terminals in the port of Algeciras, Spain
Maersk, the world's biggest shipping company, has told vessels due to pass through a maritime choke point in the southern Red Sea to "pause their journey until further notice."

Jon Nazca/Reuters

Shipping is a big polluter so the freight giants are trying new cargo ships powered by wind or green methanol

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A red cargo ship is seen in the water, with two large WindWing sails that have the Cargill and Mitsubishi logos on.
The Pyxis Ocean was retrofitted with two WindWings.

Courtesy of Cargill

'Big Short' investor Michael Burry rang the alarm on bloated inventories last year. Maersk's shipping slump suggests he was right to worry.

Tech Insider : Economy
Michael Burry Getty
Michael Burry.

Kevin Mazur/WireImage

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