Aerial view of the Dali cargo vessel which crashed into the Francis Scott Key Bridge in the tragedy at the Francis Scott Key Bridge. The Port of Baltimore is closed to ships, with no date for re-opening in sight.of the goods it transports every year, playing a key role in international trade and today’s highly interconnected global supply chains.
The UK relies on the shipping industry to get food into the country, as it imports most of its food, so even a small increase in the price of shipping insurance could eventually lead to larger prices for consumers. It could also mean short-term delays for the many car firms with a significant manufacturing base in the American Midwest, such as Nissan, Fiat, and Audi.
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