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

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

Jharkhand to Allot 181 Flats via Online Lottery in February

The Jharkhand State Housing Board (JSHB) will allot 181 houses and flats through an online lottery system starting February. The process will be held for the first time entirely online, and interested applicants can apply from February 10 to March 10 via the JSHB's official website. Properties will be available under different categories, with the allotment based on a 90-year lease. Categories include Economically Weaker Section (EWS), Lower Income Group (LIG), Middle Income Group (MIG), and Higher Income Group (HIG), with varying sizes of houses and prices. For EWS, houses will have a super b..

Next Story
Infrastructure Urban

UP Cabinet Okays Municipal Bonds for Infrastructure

In a significant move aimed at bolstering infrastructure development in Uttar Pradesh, the state Cabinet approved the issuance of municipal bonds for the cities of Prayagraj, Varanasi, and Agra. The decision was made during a cabinet meeting chaired by Chief Minister Yogi Adityanath, which took place in the Maha Kumbh Mela area in Prayagraj. The new initiative will see the issuance of municipal bonds, enabling these cities to raise funds from the market for infrastructure projects. For every billion raised through these bonds, the state government will provide an additional Rs 130 million as ..

Next Story
Infrastructure Urban

Haryana Proposes New Policy on Tree Felling

The Haryana government has proposed a new policy on tree felling across non-forest land, which would remove the requirement for approval in urban areas on plots allocated by government bodies for residential, industrial, or infrastructure development. Currently, the forest department’s consent is mandatory for tree felling. The proposed policy seeks to replace all previous directives on tree felling outside forest areas, including those areas notified under Section 3 of the Punjab Land Preservation Act (PLPA), 1900. A committee is set to be formed to finalize the policy and revise compensat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000