US transportation secretary Pete Buttigieg has warned of “major and protracted impact to supply chains” following the closure of the Port offor the foreseeable future after Tuesday’s catastrophic bridge collapse, although some experts said the impact was likely to be targeted to particular regions and industries.
In addition to the devastating impact on the families of those who lost their lives, there are questions about the possible effects on a global economy still reeling from Covid shocks and the Red Sea crisis, which have disrupted supply chains. “That mean that vessels that are in there will have to wait for the bridge to be cleared and obviously that’s going to be a long prospect,” he said, adding a number of vessels were also waiting to access the port.
The biggest issue, according to Mr Mercogliano, will be the export of coal. In 2023, Baltimore was the second busiest US port for coal exports, with India the single biggest importer of that coal.
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