The Coast Guard says salvage operations are to start after two barges carrying iron ore sank in the Ohio River near downtown Louisville, Ky.
Authorities shut traffic down on the river near where the two barges sank June 6.
Coast Guard Lt. j.g. John Adkins said June 7 that officials are weighing whether that stretch of the river can be opened on a restricted basis. Adkins says nearly a dozen vessels were backed up waiting for the river to reopen to traffic.
He says officials are hoping salvage operations can recover the iron ore from the barges. He says buoys have been placed marking where the barges sank in a section of the river that’s 35 to 40 feet deep.
The Coast Guard says no injuries were reported in the sinking and no hazardous materials were released.
observer says: 
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
Woman Takes Honda to Small-Claims, Wins Big
Federal Insurance Office Says Overdue Regulation Report Still Weeks Away
