FMC urges for financial assistance to boost Baltimore businesses

Posted on May 3, 2024   |  

The US Federal Maritime Commission (FMC) commissioner has written to the President, requesting financial aid for workers and businesses affected by recent events at the Port of Baltimore.

Appreciating the quick response to the Key Bridge collapse, the commissioner highlights ongoing challenges at the port, where workers are clearing debris and temporary channels have been opened.

The full reopening of the port to all vessels remains uncertain, leading to the appeal for relief similar to measures taken during the pandemic.

Drawing parallels to the CARES Act, which provided significant aid during COVID-19, the commissioner suggests utilizing a similar framework to support those impacted by the port blockade.

With over $66 billion allocated to the aviation industry through the CARES Act, the commissioner sees potential for similar assistance to address economic disruptions caused by the Key Bridge collapse.

The commissioner underscores the importance of timely assistance for individuals and businesses facing challenges due to the port entrance blockade.