Impact of Baltimore port closure on global supply chains

The bridge collapse that closed the Port of Baltimore has raised concerns about the disaster's potential impact on the global supply chain. While the bridge incident will have "little to no impact" on US refined oil products, shipping fuel supplies "could tighten" on the Atlantic Coast as vessels refuel outside Baltimore, S&P said. lem/ak/lth/gil

Mar 29, 2024 - 16:27
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Impact of Baltimore port closure on global supply chains
The bridge collapse that closed the Port of Baltimore has raised concerns about the disaster's potential impact on the global supply chain. While the bridge incident will have "little to no impact" on US refined oil products, shipping fuel supplies "could tighten" on the Atlantic Coast as vessels refuel outside Baltimore, S&P said. lem/ak/lth/gil

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Phillimon Sefake Phillimon Sefake is a creative writer and literary scholar