Italian construction group Webuild said on Friday it has pitched a project to rebuild Baltimore’s Francis Scott Key Bridge, which collapsed in March after a container ship crashed into a support pillar.
The project includes the design and planning for the reconstruction, which envisages a cable-stayed bridge with the aim to improve safety, adaptability, sustainability and to ensure maximum safety for navigation, the company said.
“We at Webuild and our U.S. subsidiary Lane are ready to make ourselves available, to quickly restore this strategic bridge for local mobility,” Webuild CEO Pietro Salini said in a letter sent to the U.S. transportation secretary, the governor of Maryland, and the director of the Maryland Port Administration.
“I give Chubb kudos for recognizing that this is clearly going to be a full-limits loss,” he added. “They could spend millions and millions of dollars in fees for accountants and adjusters over the next few years, or they could pay the claim.”
Chubb’s payment would be the first related to March’s disaster. The Lloyd’s of London insurance syndicate previously warned that the bridge’s collapse could trigger the “largest single maritime insurance loss ever,” with Barclays analysts estimating that the damage caused could lead claims worth up to $3 billion.
The bridge collapsed after the Dali container ship collided with one of the bridge’s support beams in the early hours of March 26, killing six people and shutting down the port of Baltimore, which analysts have estimated cost the economy about $15 million a day.
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Author: Faith N
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