Insurance rates for seafood shippers may rise following Baltimore bridge collapse

In an already volatile insurance market, the event 'has a good probability of tipping the scale' on costs, one expert said.

The Dali container vessel after striking the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, US, on Tuesday, March 26, 2024.
The Dali container vessel after striking the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, US, on Tuesday, March 26, 2024.Photo: Bloomberg via TradeWinds/DN Group
Published 28 March 2024, 15:22Updated 28 March 2024, 16:23