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Initiatives to Control Lost Shipping Containers in the Ocean

by | Monday, August 4, 2014 |

According to a three-year survey by the World Shipping Council (WSC), there were approximately 733 shipping containers lost at sea per year in 2011, 2012 and 2013. This figure does not include catastrophic events. The WSC defines a catastrophic loss as one in which 50 or more containers go overboard in a single incident. If including catastrophic losses, the average number of shipping containers lost at sea per year is 2,683 for the three years.Two huge losses in the shipping industry greatly...

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