| ▲ | stackskipton 8 hours ago | |||||||||||||||||||||||||||||||
Why? It's cost them 100M (https://www.justice.gov/archives/opa/pr/us-reaches-settlemen...) but rebuilding the bridge is going to be 5.2Billion so if gundecking all this maintenance for 20+ years has saved more then 100M, they will do it again. | ||||||||||||||||||||||||||||||||
| ▲ | xp84 7 hours ago | parent | next [-] | |||||||||||||||||||||||||||||||
From your article - this answered a question I had: > The settlement does not include any damages for the reconstruction of the Francis Scott Key Bridge. The State of Maryland built, owned, maintained, and operated the bridge, and attorneys on the state’s behalf filed their own claim for those damages. Pursuant to the governing regulation, funds recovered by the State of Maryland for reconstruction of the bridge will be used to reduce the project costs paid for in the first instance by federal tax dollars. | ||||||||||||||||||||||||||||||||
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| ▲ | stevenjgarner 6 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
Isn't there a big liability insurance payout on this towards the 5.2 Billion, and if so won't the insurer be more motivated to mandate compliance? | ||||||||||||||||||||||||||||||||
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| ▲ | toast0 7 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
The vessel owner may possibly be able to recover some of that from the manufacturer, as the wiring was almost certainly a manufacturing error, and maybe some of the configurations that continued the blackout were manufacturer choices as well. | ||||||||||||||||||||||||||||||||
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| ▲ | lazide 8 hours ago | parent | prev [-] | |||||||||||||||||||||||||||||||
Actually, to be even more cynical…. If everyone saved $100M by doing this and it only cost one shipper $100M, then of course everyone else would do it and just hope they aren’t the one who has bad enough luck to hit the bridge. And statistically, almost all of them will be okay! | ||||||||||||||||||||||||||||||||