• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, October 30, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

1,382 Shipping Containers Lost At Sea Annually – Report

Zaka Khaliq by Zaka Khaliq
3 years ago
in Business
Shipsss
Share on WhatsAppShare on FacebookShare on XTelegram

The World Shipping Council (WSC) reported that an average of 1,382 containers are lost at sea each year. The figure is based on three-year averages calculated over 12 years, representing 80% of the global vessel container capacity. This was up until 2019.
Other estimates paint a more concerning picture, between Nov 2020 and Jan 2021 alone, 2,675 sea containers were lost at sea. The year 2021 witnessed the largest rise in lost shipping containers since 2013.

According to the World Shipping Council, in 2022, approximately 661 containers were lost at sea out of 250 million transported containers, marking the lowest loss percentage since their survey began in 2008.
While this improvement is positive, there’s no room for complacency, and efforts to reduce lost containers will persist. Safety remains paramount, as even a single lost container is unacceptable.
To provide context, the 661 lost containers represent less than one-thousandth of 1% (0.00048%) of the total

containers shipped annually, a commendable rate given the cargo’s substantial value exceeding $7 trillion.
This includes cost-saving shortcuts and improper declaration of container weight. Additionally, inadequate packaging and stowage planning within containers exacerbate the issue.
However, climate change has become a significant contributor to lost containers, alongside human error.

The Pacific Ocean’s changing weather patterns, especially in high-traffic areas like the China-US route, coupled with the strongest Northern Pacific winds since 1948, have led to containers becoming dislodged from ships and lost at sea.

These factors greatly increase the vulnerability of containers to storm damage. Consequently, many shippers attribute the primary cause to ship groundings and structural failures during stacking.

RELATED NEWS

Sunbeth’s N150Billion Commercial Paper Offer Attracts Over N220 Billion In Subscriptions

Nigeria Tops African Clean Energy Market Expansion With Ambitious Mini-Grid Plans

Equities Rebound, Gain N780bn 

Despite current trends, the reduction of lost sea containers is not imminent. However, it’s important to note that losses suffered by shipping entities result in resource depletion rather than economic loss.

Fortunately, the implementation of stricter regulations suggests a decrease in lost container incidents in the future. Ship groundings or structural failures account for over 50 per cent of lost containers, with each loss posing significant threats to marine life and habitats.

Recent incidents, like a ship breakdown releasing 6,000 pounds of sulphuric acid, underscore the potential environmental dangers of lost containers.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Zaka Khaliq

Zaka Khaliq

OTHER NEWS UPDATES

Sunbeth’s N150Billion Commercial Paper Offer Attracts Over N220 Billion In Subscriptions
Business

Sunbeth’s N150Billion Commercial Paper Offer Attracts Over N220 Billion In Subscriptions

56 minutes ago
Nigeria, One Of World’s Largest Electricity Access Deficits By Population, Says IRENA  …Forecasts 401 Million Africans To Gain Electricity Access By 2030
Business

Nigeria Tops African Clean Energy Market Expansion With Ambitious Mini-Grid Plans

6 hours ago
Nigerian Exchange Engages FTSE Russell, Investors Over Nigeria’s T+1 Settlement, Market Reclassification
Business

Equities Rebound, Gain N780bn 

8 hours ago
Next Post
Pension Funds’ Stock Market Investment Rises By N588bn

New PenOp President To Drive Pension Penetration

LATEST UPDATE

There Is No Other Stella For Ebola

11 minutes ago

Kwara NSCDC Nabs Suspect Over N78.3m Investment Fraud

25 minutes ago

SDN Hands Over Methane Emissions Tracker To Oil, Gas Regulators

26 minutes ago

NAPTIP, FCC, Experts Decry Harmful Social Norms, Demand Grassroots Action

27 minutes ago

Widow Petitions IGP, Demands Justice Over Husband’s Death

31 minutes ago

Nigeria-Benin Strengthen Cross-Border Cooperation

31 minutes ago

NDE Unveils Five-Year Plan To Boost Job Creation, Overhaul 87 Skills Centres

36 minutes ago

COAS Commissions 11 Residential, Administrative Projects, Reaffirms Commitment to Troops’ Welfare

39 minutes ago

Shettima Urges Federal Govt To Address Public Concerns Over Economic Reforms

44 minutes ago

Terrorism: Tinubu Inducts 5 Helicopters Into NAF Inventory

46 minutes ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.