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The Baltimore Bridge \'Black Swan Event\' and its effect on The Insurance Markets

Published on 2024/05/28

Learning from this tragedy could prove an invaluable lesson in risk mitigation with complex maritime operations, writes John Butler


In the early morning of 26th March the container ship Dali struck the Francis Scott Key Bridge in Baltimore forcing its dramatic collapse which was captured and circulated on television and social media across the world. This is a textbook example of a Black Swan Event, an unexpected incident that has disproportionately created a social and economic impact on a local area. This incident also shines a light on the offshore industry, maritime insurance, and the importance of Marine Warranty Surveyors.


More information:

https://rina.org.uk/publications/the-naval-architect/comment-the-baltimore-bridge-black-swan-event-and-its-effect-on-the-insurance-markets