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Share this article By Ann Koh (Bloomberg) Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean as pressure to speed deliveries raises the risk of safety errors. The shipping industry is seeing the biggest spike in lost containers in seven years. More than 3,000 boxes dropped into the sea last year, and more than 1,000 have fallen overboard so far in 2021. The accidents are disrupting supply chains for hundreds of U.S. retailers and manufacturers su...

Shipping Containers Fall Overboard at Fastest Rate in Seven Years By Ann Koh | April 27, 2021 Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean as pressure to speed deliveries raises the risk of safety errors. The shipping industry is seeing the biggest spike in lost containers in seven years. More than 3,000 boxes dropped into the sea last year, and more than 1,000 have fallen overboard so far in 2021. The ac...

Britannia’s Latest Loss Prevention Webinar Investigates Container Stowage Against the backdrop of recent container loss incidents, Britannia P&I Club’s Loss Prevention team is hosting a very timely webinar entitled: Container Stowage – does it all stack up? at 0800 GMT on Thursday 28 January 2021. The webinar will examine the key issues relating to the stowage and securing of containers. This will include the factors that appear to be contributing to container stack collapses and the steps that can be taken to prevent these losses as well as future industry developments. Aimed at ship m...