In fact, WSC highlights that the international liner shipping industry transported approximately 226 million containers, with cargo transported valued at more than $4 trillion.

Based on the survey results, in the first period (2008-2010), total losses averaged 675 per year and then quadrupled to an average of 2.683 in the next period (2011-2013).

This was due in large part to the sinking of the MOL Comfort (2013) that resulted in a loss of 4.293 containers and further impacted by the grounding and loss of M/V Rena (2011) resulting in approximately 900 containers lost.

Fortunately, there have not been such significant losses in a single incident reported since.

During the next period of 2014-2016, was marked another vessel sinking, the tragic total loss of the SS El Faro (2015) with the loss of 33 crew members and 517 containers.

Following the 2017-2019 period, the annual loss was almost halved again to 779. There were no individual losses as significant as those noted in the previous periods, which is a welcome development.

However, 2018 and 2019 were marked with a few incidents that each lost more than 100 containers.

Explore more herebelow