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Researched by Industrial Info Resources (Sugar Land, Texas)--Industry on the Mid-Atlantic coast suffered a surprise blow early Tuesday morning, when a cargo ship crashed into Baltimore's Francis Scott Key Bridge, causing the structure to collapse in a matter of seconds. As of Tuesday evening, six people reportedly on the bridge at the time of the impact were presumed dead, while at least 40 ships were trapped inside the port and another 30 unable to arrive on schedule, according to Reuters. Numerous industrial facilities in the immediate area stand to be affected by the crisis. Industrial Info is tracking more than 190 operational plants in the Baltimore area, including 39 facilities with active and planned projects, and nine more facilities planned or under construction.
Click on the image at right for a graph detailing operational plants, as well as those planned, engineered or under construction, in the Baltimore area, by industry.
Maryland transportation authorities have suspended all traffic at the port until further notice. The area surrounding the mouth of the Patapsco River, which forms Baltimore Harbor, is home to five public and 12 private terminals. Baltimore Harbor handled 265,000 containers in the fourth quarter of last year, container-shipping expert Lars Jensen told Reuters, which makes it one of the smaller ports on the northeastern seaboard.
"While Baltimore is not one of the largest U.S. East Coast ports, it still imports and exports more than one million containers each year, so there is the potential for this to cause significant disruption to supply chains," said Emily Stausbøll, market analyst at Xeneta, to the CBC. Experts told The Washington Post that rebuilding the bridge "will cost hundreds of millions of dollars" and could "stretch well beyond one year."
Click on the image at right for a map of the Baltimore area, with operational plants in relation to the Francis Scott Key Bridge.
Jensen believes the flow of containers to Baltimore can be redistributed to bigger ports: The Port of New York and New Jersey handled about 2 million containers in that same period, and Norfolk Port in Virginia handled 850,000, he told Reuters.
On a large peninsula on the western side that includes the Fairfield and Wagners Point areas, Sunoco Logistics Partners LP (Midland, Texas), a subsidiary of Energy Transfer LP (NYSE:ET) (Dallas, Texas), operates two petroleum storage and distribution terminals: Baltimore I, which is designed to hold 861,000 barrels of refined products, and Baltimore II, which is designed to hold 347,891 barrels. Sunoco was preparing to begin a regular maintenance program at Baltimore I next month, which would include normal inspections and upgrades to a pair of 80,000-barrel tanks.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Terminals Project and Plant databases can learn more from a detailed project report and read detailed profiles of Baltimore I and Baltimore II.
Saudi Aramco (Riyadh, Saudi Arabia) subsidiary Motiva Enterprises LLC (Houston, Texas) also operates two terminals on the Fairfield/Wagners peninsula: the 281,827-barrel West Terminal and the 556,590-barrel East Terminal. Subscribers can read detailed profiles of the East and West terminals.
Other terminals on the Fairfield/Wagners peninsula include:
Several facilities in the Chemical Processing Industry can be found in Baltimore Harbor: Kemira Water Solutions Incorporated's (Helsinki, Finland) water-treatment plant on the western end of the Francis Scott Key Bridge, and USALCO Baltimore Plant LLC's (Baltimore) water-treatment chemical-manufacturing plant in Wagners Point are among them. W.R. Grace & Company's catalyst and silica absorbent plant, also in Wagners Point, was preparing to begin a months-long maintenance program in May to perform normal inspections and repairs. Subscribers can read detailed profiles of the Kemira, USALCO and W.R. Grace plants, and can read a detailed report on the latter's maintenance program.
The renewable-energy sector could be indirectly affected by the crisis as well. At Sparrows Point, a peninsula on the east end of the Francis Scott Key Bridge, Toto Holding SpA (Chieti, Italy) subsidiary US Wind Incorporated is proposing a monopile-manufacturing plant that would provide foundational structures for the proposed Momentum Wind project offshore Maryland's Atlantic Coast. Approved by the state in 2017, the first phase of Momentum would generate about 270 megawatts (MW), with developers aiming to eventually host more than 800 MW of output. Subscribers can read detailed reports on the monopile plant and offshore windfarm.
Baltimore Harbor is home to Fort McHenry, a former military base that successfully defended the city from an attack by the British navy during the War of 1812. Francis Scott Key witnessed the battle, which inspired him to write "The Star-Spangled Banner."
Subscribers can click here for a full list of operational plants in the Baltimore area, and click here for a full list of plants that are planned, engineered or under construction.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Maryland transportation authorities have suspended all traffic at the port until further notice. The area surrounding the mouth of the Patapsco River, which forms Baltimore Harbor, is home to five public and 12 private terminals. Baltimore Harbor handled 265,000 containers in the fourth quarter of last year, container-shipping expert Lars Jensen told Reuters, which makes it one of the smaller ports on the northeastern seaboard.
"While Baltimore is not one of the largest U.S. East Coast ports, it still imports and exports more than one million containers each year, so there is the potential for this to cause significant disruption to supply chains," said Emily Stausbøll, market analyst at Xeneta, to the CBC. Experts told The Washington Post that rebuilding the bridge "will cost hundreds of millions of dollars" and could "stretch well beyond one year."
Jensen believes the flow of containers to Baltimore can be redistributed to bigger ports: The Port of New York and New Jersey handled about 2 million containers in that same period, and Norfolk Port in Virginia handled 850,000, he told Reuters.
On a large peninsula on the western side that includes the Fairfield and Wagners Point areas, Sunoco Logistics Partners LP (Midland, Texas), a subsidiary of Energy Transfer LP (NYSE:ET) (Dallas, Texas), operates two petroleum storage and distribution terminals: Baltimore I, which is designed to hold 861,000 barrels of refined products, and Baltimore II, which is designed to hold 347,891 barrels. Sunoco was preparing to begin a regular maintenance program at Baltimore I next month, which would include normal inspections and upgrades to a pair of 80,000-barrel tanks.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Terminals Project and Plant databases can learn more from a detailed project report and read detailed profiles of Baltimore I and Baltimore II.
Saudi Aramco (Riyadh, Saudi Arabia) subsidiary Motiva Enterprises LLC (Houston, Texas) also operates two terminals on the Fairfield/Wagners peninsula: the 281,827-barrel West Terminal and the 556,590-barrel East Terminal. Subscribers can read detailed profiles of the East and West terminals.
Other terminals on the Fairfield/Wagners peninsula include:
- World Point Terminals' (St. Louis, Missouri) subsidiary Center Point Terminal Company LLC's terminal, which holds up to 1.288 million barrels of refined products and 3,524 barrels of ethanol; see plant profile
- Petroleos de Venezuela SA (Caracas, Venezuela) subsidiary CITGO Petroleum Corporation's (Houston) 857,055-barrel terminal; see plant profile
- Colonial Pipeline Company's (Alpharetta, Georgia) refined products delivery facility; see plant profile
- Kinder Morgan Incorporated's (NYSE:KMI) (Houston) 353,000-barrel terminal; see plant profile
Several facilities in the Chemical Processing Industry can be found in Baltimore Harbor: Kemira Water Solutions Incorporated's (Helsinki, Finland) water-treatment plant on the western end of the Francis Scott Key Bridge, and USALCO Baltimore Plant LLC's (Baltimore) water-treatment chemical-manufacturing plant in Wagners Point are among them. W.R. Grace & Company's catalyst and silica absorbent plant, also in Wagners Point, was preparing to begin a months-long maintenance program in May to perform normal inspections and repairs. Subscribers can read detailed profiles of the Kemira, USALCO and W.R. Grace plants, and can read a detailed report on the latter's maintenance program.
The renewable-energy sector could be indirectly affected by the crisis as well. At Sparrows Point, a peninsula on the east end of the Francis Scott Key Bridge, Toto Holding SpA (Chieti, Italy) subsidiary US Wind Incorporated is proposing a monopile-manufacturing plant that would provide foundational structures for the proposed Momentum Wind project offshore Maryland's Atlantic Coast. Approved by the state in 2017, the first phase of Momentum would generate about 270 megawatts (MW), with developers aiming to eventually host more than 800 MW of output. Subscribers can read detailed reports on the monopile plant and offshore windfarm.
Baltimore Harbor is home to Fort McHenry, a former military base that successfully defended the city from an attack by the British navy during the War of 1812. Francis Scott Key witnessed the battle, which inspired him to write "The Star-Spangled Banner."
Subscribers can click here for a full list of operational plants in the Baltimore area, and click here for a full list of plants that are planned, engineered or under construction.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).