Shipping containers plunge overboard at an alarming rate
PORTS & SHIPPING

Shipping containers plunge overboard at an alarming rate

Containers piled high on giant ships carrying everything from car tyres to smartphones are falling over at an alarming rate, sinking millions of dollars worth of cargo to the ocean's depths as pressure to speed deliveries raises the risk of safety mistakes.

The number of lost containers in the shipping industry is at its highest level in seven years. Last year, over 3,000 boxes were lost at sea, and more than 1,000 have been lost so far in 2021. Hundreds of US retailers and manufacturers, including Amazon and Tesla, are experiencing supply chain disruptions as a result of the accidents.

The sudden increase in accidents can be attributed to a variety of factors. Weather is becoming more unpredictable, and ships are becoming larger, allowing for higher container stacking than ever before. However, a surge in e-commerce after consumer demand exploded during the pandemic is exacerbating the situation, increasing the pressure on shipping lines to deliver products as quickly as possible.

During a voyage from Xiamen, China, to Los Angeles in January, the Maersk Essen lost about 750 boxes. A month later, when the Maersk Eindhoven lost power in rough seas, 260 containers fell off the ship.

With 226 million container boxes shipped each year, a loss of 1,000 or more may appear to be a drop in the bucket. At a conference in Singapore on April 23, Jacob Damgaard, associate director of loss prevention at Britannia P&I, said that is a very small percentage lost.

Image Source

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Containers piled high on giant ships carrying everything from car tyres to smartphones are falling over at an alarming rate, sinking millions of dollars worth of cargo to the ocean's depths as pressure to speed deliveries raises the risk of safety mistakes. The number of lost containers in the shipping industry is at its highest level in seven years. Last year, over 3,000 boxes were lost at sea, and more than 1,000 have been lost so far in 2021. Hundreds of US retailers and manufacturers, including Amazon and Tesla, are experiencing supply chain disruptions as a result of the accidents. The sudden increase in accidents can be attributed to a variety of factors. Weather is becoming more unpredictable, and ships are becoming larger, allowing for higher container stacking than ever before. However, a surge in e-commerce after consumer demand exploded during the pandemic is exacerbating the situation, increasing the pressure on shipping lines to deliver products as quickly as possible. During a voyage from Xiamen, China, to Los Angeles in January, the Maersk Essen lost about 750 boxes. A month later, when the Maersk Eindhoven lost power in rough seas, 260 containers fell off the ship. With 226 million container boxes shipped each year, a loss of 1,000 or more may appear to be a drop in the bucket. At a conference in Singapore on April 23, Jacob Damgaard, associate director of loss prevention at Britannia P&I, said that is a very small percentage lost. Image Source

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Next Story
Products

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement