Maryland Port Administration issues RFQ for Seagirt

An insurance package worth up to US$ 50 million has been brought to the market by Marsh, available to shipping ports and terminals around the world.

The economic impact study forecasts that the Sparrows Point Container Terminal will contribute US$1.54 billion annually to Maryland’s economy.

As far as can be determined, the design of both the Key Bridge and the Chesapeake Bay Bridge in Baltimore has never been identified as an issue.

While there were no our containers on the vessel involved in the collision, we recognize that the incident will still have repercussions on the cargo planning.

NTSB is leading the investigation into the collision and estimates that damage to the vessel and the bridge exceed USD 500,000.

Containership strikes Francis Scott Key Bridge in Baltimore in Maryland, causing it to collapse.