FBI agents have boarded vessel managed by Synergy Marine Group whose other cargo ship collapsed Baltimore bridge

FBI agents have boarded vessel managed by Synergy Marine Group whose other cargo ship collapsed Baltimore bridge


Baltimore City Fire Boat 2 floats past the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, U.S., on Tuesday, March 26, 2024.

Bloomberg | Bloomberg | Getty Images

Federal agents have boarded a vessel managed by the same company as a cargo ship that caused the deadly Baltimore bridge collapse, the FBI has confirmed.

In statements Saturday, spokespeople for the FBI and the U.S. Attorney’s Office in Maryland confirmed that authorities have boarded the Maersk Saltoro. The ship is managed by Synergy Marine Group.

“The Federal Bureau of Investigation, U.S. Environmental Protection Agency’s Criminal Investigation Division and Coast Guard Investigative Services are present aboard the Maersk Saltoro conducting court authorized law enforcement activity,” statements from both the FBI and U.S. Attorney’s Office said.

Authorities did not offer further specifics.

In a lawsuit Wednesday, the U.S. Justice Department has alleged that Dali owner Grace Ocean Private Ltd. and manager Synergy Marine Group, both of Singapore, recklessly cut corners and ignored known electrical problems on the vessel that had a power outage moments before it crashed into a support column on the Francis Scott Key Bridge in March.

The Justice Department is seeking to recover more than $100 million the government spent to clear the underwater debris and reopen the city’s port.

Darrell Wilson, a Grace Ocean spokesperson, confirmed that the FBI and Coast Guard boarded the Maersk Saltoro in the Port of Baltimore on Saturday morning.

Wilson has previously said the owner and manager “look forward to our day in court to set the record straight” about the Justice Department’s lawsuit.



Source

BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.
World

BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.

BlackRock is seeing a shift among Big Tech investors. Jay Jacobs, the firm’s U.S. head of equity ETFs, finds they’re going for targeted themes like artificial intelligence. “One of the biggest trades we’re seeing this year is simply people leaving the traditional tech sector and getting more granular into AI-specific ETFs, like BAI [the iShares […]

Read More
Warren Buffett Watch: Berkshire’s Japanese stock positions top  billion
World

Warren Buffett Watch: Berkshire’s Japanese stock positions top $30 billion

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire’s Japanese stock positions top $30 billion The total value of the five Japanese “trading houses” in Berkshire Hathaway’s equity portfolio has topped $30 billion […]

Read More
These stocks reporting next week have a history of posting earnings beats and rallying
World

These stocks reporting next week have a history of posting earnings beats and rallying

Investors aiming to predict which stocks will pop during earnings season may want to keep an eye on companies that have strong track records of exceeding Wall Street’s expectations. Earnings season for the third quarter starts ramping up next week. Some of the companies slated to share their top- and bottom-line results next week include […]

Read More