5 Expert Strategies to Navigate the Stock Markets

Day trading requires a lot of patience, dedication, hard work, skills and expertise to be successful. The 5 strategies detailed in this report will put you on the right track to trading success.

By clicking the link above you will automatically opt-in to receive emails from ActivaTrade

'Heroes' scrambled to stop traffic before Baltimore bridge collapsed; construction crew feared dead

LEA SKENE
March 27, 2024

BALTIMORE (AP) -- It was the middle of the night when a dispatcher's 12-second warning crackled over the radio: A massive cargo ship had lost its steering capabilities and was heading toward the Francis Scott Key Bridge.

Within about 90 seconds, police officers responded that they had managed to stop vehicle traffic over the Baltimore bridge in both directions. One said he was about to drive onto the bridge to alert a construction crew.

But it was too late. Powerless and laden with huge containers, the vessel smashed into a support pillar.

"The whole bridge just fell down," a frantic officer said. "Start, start whoever, everybody ... the whole bridge just collapsed."

When the shipping vessel Dali slammed into the pillar around 1:30 a.m. Tuesday, it caused a long span of the bridge, a key cog in the region's transportation infrastructure, to crumple into the Patapsco River. The loss of the bridge is expected to snarl commuter traffic and disrupt a vital shipping port.

At least eight people went into the water. Two survived but the other six, part of a construction crew that had been filling potholes on the bridge, were missing and presumed dead. A search for their bodies was to resume Wednesday morning.

Among the missing were people from Guatemala, Honduras and Mexico, according to diplomats from those countries. The Honduran man was identified as Maynor Yassir Suazo Sandova.

Federal and state officials said the crash appeared to be an accident. The National Transportation Safety Board is investigating, and ship traffic entering and leaving the Port of Baltimore was suspended indefinitely.

Capt. Michael Burns Jr. of the Maritime Center for Responsible Energy said bringing a ship into or out of ports in restricted waters with limited room to maneuver is "one of the most technically challenging and demanding things that we do."

"So there really is few things that are scarier than a loss of power in restricted waters," he said. And when a ship loses propulsion and steering, "then it's really at the mercy of the wind and the current."

Video showed the ship moving at what Maryland Gov. Wes Moore said was about 9 mph (15 kph) toward the 1.6-mile (2.6-kilometer) bridge. Traffic was still moving across the span, and some vehicles appeared to escape with only seconds to spare. The crash caused the span to break and fall into the water within seconds, and jagged remnants were left jutting up from the water after daybreak.

Police said there is no evidence that anyone went into the water other than the workers, though they had not discounted the possibility.

A senior executive at the company that employed the crew, Brawner Builders, said they were working in the middle of the bridge when it fell.

"This was so completely unforeseen," said Jeffrey Pritzker, the company's executive vice president. "We don't know what else to say. We take such great pride in safety, and we have cones and signs and lights and barriers and flaggers."

Jesus Campos, who has worked on the bridge for Brawner Builders and knows members of the crew, said he was told they were on a break and some were sitting in their trucks.

"I know that a month ago, I was there, and I know what it feels like when the trailers pass," Campos said. "Imagine knowing that is falling. It is so hard. One would not know what to do."

Father Ako Walker, a Catholic priest at Sacred Heart of Jesus, said outside a vigil that he spent time with the families of the missing workers as they waited for news of their loved ones.

"You can see the pain etched on their faces," Walker said.

Rescuers pulled two people out of the water. One person was treated at a hospital and discharged hours later.

The crash happened long before the busy morning commute on the bridge, which was used by 12 million vehicles last year.

From 1960 to 2015, there were 35 major bridge collapses worldwide due to ship or barge collisions, according to the World Association for Waterborne Transport Infrastructure.

Tuesday's collapse is sure to create a logistical headache along the East Coast for months, if not longer, shutting down shipping traffic at the Port of Baltimore, a major hub.

Paul Wiedefeld, the state's transportation secretary, said vessel traffic in and out of the port would be suspended until further notice, though the facility was still open to trucks.

"Losing this bridge will devastate the entire area, as well as the entire East Coast," state Sen. Johnny Ray Salling said.

U.S. Transportation Secretary Pete Buttigieg said it was too soon to give a time frame for clearing the channel, which is about 50 feet (15 meters) deep, while President Joe Biden said he planned to travel to Baltimore soon and expects the federal government to pay the entire cost of rebuilding.

Synergy Marine Group, which manages the ship, said the impact happened while it was under the control of one or more pilots, who are local specialists who help guide vessels safely in and out of ports. Synergy said everyone on board was accounted for, with no reports of injuries.

The ship is owned by Grace Ocean Private Ltd., and Danish shipping giant Maersk said it had chartered the vessel.

The 985-foot-long (300-meter-long) Dali was headed from Baltimore to Colombo, Sri Lanka, and flying under a Singapore flag, according to data from Marine Traffic.

Inspectors found a problem with the ship's machinery in June, but a more recent examination did not identify any deficiencies, according to the shipping information system Equasis.

Donald Heinbuch, a retired chief with Baltimore's fire department, said he was startled awake by a deep rumbling that shook his house for several seconds and "felt like an earthquake."

He drove to the river and couldn't believe what he saw: "The ship was there, and the bridge was in the water, like it was blown up."

Baltimore Mayor Brandon Scott called the incident "an unthinkable tragedy." Gov. Moore said that "all of our hearts are broken for the victims and their families," and he also hailed first responders for their quick response.

"Literally by being able to stop cars from coming over the bridge, these people are heroes," Moore said. "They saved lives last night."

___

Associated Press journalists around the world contributed to this report, including Sarah Brumfield, Rebecca Santana, Jake Offenhartz, Joshua Goodman, Ben Finley, Claudia Lauer, Brian Witte, Juliet Linderman, David McHugh, John Seewer, Michael Kunzelman, Mike Catalini and Sarah Rankin.

Continue Reading...

Popular

Nepal hosts an investment summit in hopes of attracting foreign money for hydropower projects

KATHMANDU, Nepal (AP) — Nepal hosted an investment summit Sunday in hopes of attracting much-needed foreign investment, especially in developing hydropower projects to produce more electricity that it can sell to neighboring countries.

Why Can Your iPhone Survive A Plane Fall But Not A Kitchen Counter? Unveiling The Strange Physics

A recent experiment investigating how an iPhone survived a 16,000-feet fall revealed that both an iPhone and a Samsung Galaxy endured drops from various heights due to the physics of terminal velocity, with minimal damage incurred when landing on grass, but significant damage on asphalt.

The A.I. Story Nobody is Telling You (Read ASAP) - Ad

There's been a lot of buzz surrounding A.I. over the past couple of years -- but there's only ONE story you should be worried about. Whether you have $500 or $500,000, this radical new A.I. Innovation will have a direct impact on your wealth.

Antony Blinken Says US Chip Ban Doesn't Mean 'Cutting Off Trade' Or 'Holding Back China'

U.S. Secretary of State Antony Blinken clarified that U.S. export controls aim solely to limit access to sensitive technology that could threaten national security, not to hinder China's economic or technological progress.

A.I. Pioneer Issues Urgent Warning to Americans - Ad

According to one early A.I. pioneer: "You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There's no middle option."

Macy's names 2 independent directors as part of agreement with activist investor

NEW YORK (AP) — Macy's said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain.

Donald Trump Could Still Win Even If He Loses In Supreme Court Over Presidential Immunity Claim

Former President Donald Trump could see a strategic victory in his Supreme Court case, even if the court dismisses his claim regarding presidential immunity.

America's Cash Bubble Set to Burst on May 1, 2024 - Ad

For the first time I've ever heard of... we know the exact day (and time) a bubble is going to burst. This is insane and something we only have access to because of Jason's findings (that he's sharing with his ultra-elite clients). To find out what the cash bubble is and why you're vulnerable to it without even realizing...

Move Over Nvidia: Experts Bullish On Intel's AI Chip, Predict Surge In These Three Global Stocks

Charlie Chan and his team at Morgan Stanley forecast that the total Gaudi shipment volume could hit 300-400k units in 2025, generating $2-3bn revenue for Intel.

JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario

NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation.

MUST SEE By May 1: Beware Biden's Trojan Horse - Ad

It could usher in the most radical transformation of our money we've ever seen in America's history... trigger a surprise election outcome in the coming months... and fundamentally alter the value of your savings forever. One 24-year market veteran warns that most Americans simply aren't prepared for what's coming on May 1.

Warren Buffett Is Known For His Simple Lifestyle But Here Are 8 Lavish Things We Know He Owns

Warren Buffett, the billionaire, embraces a modest lifestyle and prefers stashing his cash in the bank. Despite standing among the world's wealthiest, the priciest items he owns could surprise everyone.

5 cars from the Beijing auto show that reflect China's vision for the future of driving

BEIJING (AP) — China's vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing .

Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" - Ad

Denver firm proves its possible to use AI to save the lives of soldiers in combat. England, Germany, Japan and Australia have all signed contracts within the past 18 months.

Trump vs. Biden: Nationwide Poll Shows Key Issue Decidedly Tilts Equation In Favor Of One Candidate

Even though the economy has been relatively stable despite challenges, voters remain unconvinced about the Biden administration's performance.

RTX Soars Above Estimates in Q1, Reiterates FY24 Outlook

RTX Corporation (NYSE: RTX) reported 12% increase in Q1 FY24 net sales to $19.3 billion, beating consensus. Collins Aerospace and Pratt & Whitney drove the growth.

"Safe" Investors Who Don't Get Out of Cash NOW Could Lose Everything Over the Next Six Months - Ad

The next six months are going to be some of the most precarious times to invest in the history of the United States. Because for the first time, your money is at risk of being completely wiped out, even when you think it is safest. This bubble is on a schedule and to get out before your portfolio becomes shark bait, you need to...

Mississippi legislative leaders swap proposals on possible Medicaid expansion

JACKSON, Miss. (AP) — Mississippi Senate leaders on Friday said for the first time that they are willing to to the full level allowed under a federal law signed 14 years ago by then-President Barack Obama.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Fed's High-Interest Rate Policy Spurs Debate Over Economic Impact: 'This Is The Path Of A Potential Problem...'

The Federal Reserve's recent decision to maintain high interest rates for an extended period has sparked a debate over its potential impact on the U.S. economy. Despite the ongoing economic stability, the Fed's stance has raised concerns among investors and the general public.

New Video: What A.I. Means for Cancer (And Other Diseases) - Ad

I urge you to check it out before we take the video down. You'll discover how AI discovered a new treatment in only 30 days, why Big Pharma signed over $3 billion in deals with one AI-biotech, and why Bill Gates and billionaire Steve Cohen own over 10% of this company.

Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges

ATLANTIC CITY, N.J. (AP) — Atlantic City Mayor Marty Small said Thursday he remains committed to his family and to his city as he deals with charges that he and his wife

Missouri's $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses

The Missouri cannabis market set a new monthly sales record in March, reaching nearly $125 million. According to the latest data from the Missouri Department of Health and Senior Services (DHSS), the adult-use cannabis sector contributed $108.7 million in March, with medical cannabis adding another $16 million, culminating in a total of $124.7 million.

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

Germany's Scholz calls for fair competition and warns against dumping during China visit

BEIJING (AP) — German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai on Monday.

This Man, Who Never Went To University, Is Making $1.2M-A-Year At Deloitte At The Age Of 30

Ben Newton, a former apprentice at Deloitte, has achieved the feat of becoming a partner at the age of 30, earning $1.2 million a year.

Bill Clinton Backing Biden Replacement??? - Ad

"Bill Clinton is back. And he just met in Mexico with the one person I believe could REPLACE Joe Biden by August... To become the next President of the United States. When you see who, you'll be terrified... Because if I'm right about the election outcome... I'm recommending every American make urgent moves with their money right now." --Louis Navellier

Breaking - AI Drug Sells for $4 Billion - Ad

A Big Pharma giant quietly bought one AI-designed drug for $4 billion designed by a tiny AI-biotech company. Wall Street doesn't yet grasp how this company is quietly revolutionizing the drug discovery business but this won't stay quiet much longer.

An NPR editor who wrote a critical essay on the company has resigned after being suspended

NEW YORK (AP) — A National Public Radio editor who wrote an essay criticizing his employer for promoting liberal views resigned on Wednesday, a day after it was revealed that .

Alphabet CEO Sundar Pichai Lauds 'Progress' Despite Controversies Surrounding Google Gemini: Developer And Enterprise Customers Use It For 'Wide Range Of Things'

Alphabet Inc. CEO Sundar Pichai expressed satisfaction with the development of the company's Gemini AI, highlighting its significant performance improvements and its acceptance among developers and enterprise customers, despite facing controversies over its accuracy and image generation capabilities.

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

TotalEnergies Trades Mature Assets for Growth In Low-Emission Congolese Oil Field

TotalEnergies SE has signed a deal with Trident Energy for purchase and sale transactions in Congo, increasing its stake in the Moho license and selling its interests in the Nkossa and Nsoko II licenses.

What Is The Most Undervalued MANGO (Semiconductor) Stock Right Now?

MANGO stocks seek to replicate FANG success in semiconductor sector, with Nvidia leading (+220.78%) and ON Semiconductor most undervalued (+16.05 P/E, 3.72 EV/Sales).

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Apple CEO says that he wants to increase investments in Vietnam

HANOI, Vietnam (AP) — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service