The collapse of Baltimore’s Francis Scott Key Bridge is creating delays and raising costs in the latest disruption to global supply chains.
— The stunning collapse of Baltimore’s Francis Scott Key Bridge is diverting shipping and trucking around one of the busiest ports on America’s East Coast, creating delays and raising costs in the latest disruption to global supply chains.
After the container ship Dali hit the bridge and brought it down early Tuesday, ship traffic entering and leaving the Port of Baltimore was suspended indefinitely. That will require rerouting vessels or their cargo to other ports, potentially causing congestion and delays for importers, said Judah Levine, head of research for the global freight booking platform Freightos.
“People right now are figuring out where are they going and what are their options,” Ami Daniel, CEO of the maritime intelligence company Windward in Tel Aviv, Israel, said.
The Dali was the only container vessel in the port at the time of the collision, but seven others had been scheduled to arrive in Baltimore through Saturday, Levine said. Six people, part of a crew that had been filling potholes on the bridge, were missing after the span came down, and their company said they were presumed dead.
“Aside from the obvious tragedy, this incident will have significant and long-lasting impacts on the region,” American Trucking Associations spokesperson Jessica Gail said, calling Key Bridge and Baltimore’s port “critical components” of the nation’s infrastructure.
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Gail noted that 1.3 million trucks cross the bridge every year – 3,600 a day. Trucks that carry hazardous materials will now have to make 30 miles of detours around Baltimore because they are prohibited from using the city’s tunnels, she said, adding to delays and increasing fuel costs.
“Timewise, it’s going to hurt us a lot,” said Russell Brehm, the terminal manager in Baltimore for Lee Transport, which trucks hazardous materials such as petroleum products and chemicals. The loss of the bridge will double to two hours the time it takes Lee to get loads from its terminal in Baltimore’s Curtis Bay to the BJ’s gasoline station in the waterfront neighborhood of Canton, he estimated.
The accident comes as global shipping has largely adjusted to disruptions from Houthi rebel attacks on vessels in the Red Sea. The attacks, which started amid the Israel-Hamas war, have forced ships to take the longer route around the Cape of Good Hope at the southern tip of Africa and required more ships to sail more often.
