Over 3,000 containers have been lost at sea in just the last few months, World Shipping Council finds. The figure has recently skyrocketed, with a total of only 1382 containers lost at sea during the entirety of 2019.
C.H. Robinson Vice President Oceania Andrew Coldrey said the lost containers could have a huge impact on business and it was important to safeguard against it.
“We are seeing more containers traversing the glove than ever before, resulting in high stacking, which when combined with bad weather cells, is a recipe for disaster,” he said.
“It’s likely the sea freight industry and its customers will feel the impact of lost containers more than ever.”
Andrew said there were a few things businesses could do to mitigate the risk.
“Accidents can happen at any time so steps should be taken to bolster supply chain risk management plans,” he said.
Businesses should also develop back up networks with alternate modes of transport and sourcing that can be activated on short notice.
“A supply chain is only as strong as its weakest link,” Andrew said.
“Having a provider with access to a global suite of services should enable businesses to quickly find a solution that minimises delays.”