Posted 3/28/2024, 7:06:24 PM
Baltimore Port Bridge Collapse Disrupts US Auto, Coal Exports
- The collapse of a key bridge in Baltimore Port could impact global auto and coal supply chains as port operations are shut for months.
- India's auto component exports to the US are small, so impact is limited currently.
- The port is important for US coal exports, but India imports little coal from the US.
- Supply chain fragility stems from ongoing shipping disruptions like in the Red Sea and Panama Canal.
- The accident was caused by a cargo ship that lost power and hit a pillar of the Baltimore bridge.