Tag: ocean carriers

How many containers are lost at sea and what happens to them?

Cargo insurance folks like me, and those quoting us, cite the number 10,000 containers a year are lost overboard from ocean going container ships. Of course we would. We sell cargo insurance for ocean, ground, and air cargo shipments. It is in our best interests to present the highest number named out there for container losses at sea…. Read More

Will ocean carriers derail their own recovery?

Back in January of this year I wrote an article fro LinkedIn Pulse called ‘Giving Robert Dreelan His Due’ (https://www.linkedin.com/pulse/giving-robert-dreelan-his-due-tom-o-malley?trk=mp-reader-card ). The subject matter between Robert and I was the impact of the ocean carrier alliances on shipping rates. My position was rates would stay down through expanded use of mega vessels, the alliances competing against each other, and keeping… Read More