April 16, 2024

Baltimore bridge collapse shutters port indefinitely, impacting supply chain


The collapse of the Francis Scott Key Bridge in Baltimore on Tuesday after a container ship misplaced energy navigating the channel and collided with one of many bridge’s support pilings has resulted within the indefinite closure of the Port of Baltimore, which is able to affect the supply chain on the Eastern Seaboard and past.

Shortly after 1 a.m. EST on Tuesday, the container ship MV Dali – which is 948 toes lengthy and was laden with stacks of containers – misplaced energy because it was approaching the channel beneath the bridge. The ship’s crew and harbor pilots despatched a mayday name which enabled authorities to cease site visitors over the bridge.

After the container ship tried to execute an emergency cease by deploying its anchors, it struck a pylon of the bridge which toppled a lot of the 1.6-mile span into the waters of the Patapsco River. A development crew was on the bridge on the time of the accident and authorities stated eight folks fell into the river, two of whom have been rescued with six reported lacking. The Coast Guard introduced a transition away from search and rescue efforts to a restoration operation Tuesday night time.

The state of Maryland and the federal Department of Transportation introduced the closure of the transport lane to the Port of Baltimore till additional discover because the investigation, restoration and clear up efforts get underway.

EX-MERCHANT MARINE CAPTAIN WARNS THERE IS ‘NO WAY OF CONTROLLING’ CARGO SHIP WITH MECHANICAL ERROR

The Francis Scott Key Bridge collapsed after it was struck by a large cargo ship

The Francis Scott Key Bridge collapse prompted the closure of the Port of Baltimore. It is unclear when the transport hub will reopen. (Jasper Colt/USA Today / IMAGN)

Jean-Paul Rodrigue, a professor within the Department of Maritime Business Administration at Texas A&M University – Galveston, advised FOX Business that firms with cargo certain for Baltimore are working to reroute these shipments to different ports with the capability to deal with 

“The first candidate will be New York, then it’s going to be Hampton Roads, which is in Virginia, Philadelphia – but it’s also a lower capacity, so it’s a bit more difficult for Philadelphia,” Rodrigue stated. “But New York and Hampton Roads can handle this traffic.”

He added that it will not be an issue for these ports to deal with the site visitors from “ro/ro” ships – which may accommodate vehicles driving on and driving off – given Baltimore’s function as a key port for vehicle shipments.

PHOTOS: MARYLAND’S FRANCIS SCOTT KEY BRIDGE COLLAPSE

Contain ship crashed into Baltimore bridge

In an aerial view, the cargo ship Dali is seen after operating into and collapsing the Francis Scott Key Bridge on March 26, 2024 in Baltimore. (Photo by Tasos Katopodis/Getty Images / Getty Images)

The Port of Baltimore handles extra auto cargo than some other U.S. port with 750,000 automobiles flowing by means of the port in 2022, based on port information. Ford and General Motors every introduced that they’re working to reroute auto shipments that have been scheduled to go to Baltimore and stated the affect can be minimal.

The port additionally serves as a hub for different items together with coal, because it was the second-busiest port for coal exports in 2023. It can also be the most important port by quantity for farm and development equipment, in addition to sugar and salt. Its indefinite closure might create bottlenecks within the supply chain, leading to delays and better prices for sure items on the Eastern Seaboard.

CONGRESS EXPECTED TO CONSIDER EMERGENCY SPENDING MEASURE TO REPLACE BALTIMORE BRIDGE AFTER COLLAPSE

The Francis Scott Key Bridge collapsed after it was struck by a large cargo ship

The Francis Scott Key Bridge, a serious span over the Patapsco River in Baltimore, collapsed after it was struck by a big cargo ship, prompting an enormous emergency response in Maryland on Tuesday, March 26, 2024. (Jasper Colt/USA Today / IMAGN)

In February, the Maryland governor’s workplace introduced that the Port of Baltimore’s private and non-private terminals dealt with a report 52.3 million tons of international cargo valued at $80 billion in 2023, a report amount of cargo. That determine contains about 1.3 million tons of ro/ro farm and development gear plus 11.7 million tons of basic cargo tons. It additionally dealt with 1.1 million 21-foot equal unit containers.

Baltimore space residents are additionally going to face elevated site visitors congestion with the bridge out of motion. The Francis Scott Key Bridge, named for the creator of the U.S. nationwide anthem, is a key thoroughfare that had a mean traffic volume of 31,000 vehicles per day or 11.3 million automobiles per 12 months on the I-695 freeway.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Rodrigue stated the method of clearing the channel for transport site visitors to return the Port of Baltimore to its regular operations is prone to be a a lot faster course of measured in weeks or months than rebuilding the bridge.

“The bridge, it’s going to take, I would say five years to rebuild at least. Removing the debris from the access channel could take a couple of weeks or more,” Rodrigue stated.

Reuters contributed to this report.



Source