Key Bridge Collapse Impacts U.S. Trade

Last week the Dali, a Singaporean-flagged container ship, struck the Francis Scott Key Bridge, an iconic landmark of the Baltimore City skyline and a vital artery for U.S. trade, causing the bridge to collapse into the Baltimore Harbor. The Key Bridge has been an essential link between the Baltimore metropolitan area and the global market, facilitating both land transport across the Patapsco River and vessel movement to and from the 13^th largest container port in the United States. The collapse has abruptly halted vessel traffic, with widespread implications for importers, exporters, and the global market.

CURRENT SITUATION

Currently, bridge debris obstructs access to the Port of Baltimore, leaving approximately 30 ships destined for Baltimore and 40 ships inside the Port unable to navigate in or out. Although the Port is still processing trucks, the absence of the Key Bridge also poses a significant challenge for the movement of goods via land transport. Opening