The Baltimore bridge collapse is only the latest — and least — of global shipping’s problems
And as awful as this Baltimore incident was, it was, by all accounts, a rogue accident. The root causes of these other disruptions, though? They’re not quite as easily fixed.
Oh, plus pirates are back.
Global shipping’s current problems, briefly explained
The Baltimore incident encapsulates one thing really well: just how globalized the shipping industry is. The Dali was a Singapore-flagged ship, with an all Indian-nationality crew, operated by the Danish company Maersk and on its way to Sri Lanka. (Thankfully, there were no injuries reported among the crew of the ship.)
This degree of interconnectedness — and how fragile it all is — probably feels familiar by now. Remember the wide swath of consumer goods that were subjected to back orders and shortages in 2021 as the global supply chain fell victim to a series of interconnected problems, including (but definitely not limited to) issues with container ships and ports?
Or, more hilariously, remember the delays (and memes) the ship Ever Given spawned when it got stuck in the Suez Canal?
This year is shaping up to be another difficult one for global shipping.
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