https://www.youtube.com/watch?v=oUNsdZPvSQI Check out this video filmed Sunday at the Port of Antwerp as strong winds pummeled the area. According to the uploader, the port experienced hurricane-force winds gusts or more than 64 knots - a 12 on the Beaufort scale. As you can see, the winds were so strong that they knocked over multiple stacks of containers on the dock, … [Read more...]
German Company’s Million Missing Shipping Containers Puzzles Prosecutors
MUNICH, May 17 (Reuters) - Managers of insolvent P&R Group are being investigated after it was discovered the investment firm sold nearly one million more shipping containers than it owned, the Munich prosecutors' office said on Thursday. Once the world's biggest lessor of shipping containers, P&R sells containers to investors and its sister company in Switzerland … [Read more...]
MV Ever Smart Arrives in Los Angeles with Toppled Containers
The MV Ever Smart arrived at the port of Los Angeles on Wednesday showing clear evidence of the dozens of containers which were lost from the vessel during its voyage across the Pacific. As gCaptain reported previously, the British-flagged Ever Smart lost 42 containers overboard approximately 700nm east of Japan on October 30, 2017. The UK MAIB has launched … [Read more...]
Interview: Spinnaker CEO Tim Britton Talks About Container Market, Megaships, and Hanjin’s Collapse
By Gibraltar Shipping Tim Britton is CEO of Spinnaker, specialised in the leasing, sale of new and used containers for shipping and storage purposes. Tim talks to us about how Spinnaker has over 60 shipping depots strategically located around the world, satisfying the demand for containers at any point of the supply chain. Please tell us about your main responsibilities … [Read more...]
Container Tracking Device Use Soars
By Gavin van Marle (The Loadstar) Declining asset costs and a variety of external factors are driving the container shipping industry into increasing use of container tracking and monitoring devices. Speaking to The Loadstar on the sidelines of the recent TOC Container Supply Chain conference in Hamburg, Mike Dempsey, vice president of containers and ports at mobile asset … [Read more...]