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The Water Cooler
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Francis Scott Key Bridge Collapses After Being Hit By Cargo Ship
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<blockquote data-quote="JD8" data-source="post: 4241395" data-attributes="member: 24"><p>It's not that simple. So let's hold up the government seizure gestapo for just a moment. Kind of funny to see that request btw. Ya figure that would set a dangerous precedent or nah?</p><p></p><p>Did a little digging. Maersk has accepted responsibility as the shipper, not the operator. Maersk chartered the vessel and Synergy Marine group was the freight broker, and Grace Ocean Pty Ltd is the owner. It seems Grace is part of a captive with 3 billion in reinsurance which is a good thing. However, everyone, starting with the families of the dead will have their hands out from the get go. All three will be brought in god knows how many lawsuits and that will take time. So this will be a huge clusterfawk with implications that will affect everything in shipping for years. That includes the price of goods. Therefore it's best for .gov to step in and begin cleanup and rebuild. I promise you, they will subrogate the loss in several ways. </p><p></p><p>In a nutshell, Biden is just talking out of his asz again.</p></blockquote><p></p>
[QUOTE="JD8, post: 4241395, member: 24"] It's not that simple. So let's hold up the government seizure gestapo for just a moment. Kind of funny to see that request btw. Ya figure that would set a dangerous precedent or nah? Did a little digging. Maersk has accepted responsibility as the shipper, not the operator. Maersk chartered the vessel and Synergy Marine group was the freight broker, and Grace Ocean Pty Ltd is the owner. It seems Grace is part of a captive with 3 billion in reinsurance which is a good thing. However, everyone, starting with the families of the dead will have their hands out from the get go. All three will be brought in god knows how many lawsuits and that will take time. So this will be a huge clusterfawk with implications that will affect everything in shipping for years. That includes the price of goods. Therefore it's best for .gov to step in and begin cleanup and rebuild. I promise you, they will subrogate the loss in several ways. In a nutshell, Biden is just talking out of his asz again. [/QUOTE]
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Francis Scott Key Bridge Collapses After Being Hit By Cargo Ship
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