Skip to main content

14 Tons of Cigarettes Washed Up

Just recently we received the following request from one of our clients:

„Can you check and advise if any of our tracked boxes are on this vessel?“

What happened?

On February 14, the 8’160 TEU Svendborg Maersk was battered by winds reaching 60 knots and waves reaching 10 meters resulting the collapse of container stacks on the vessel. 520 containers went overboard and several others got damaged.

By the way: One of the containers washed off the vessel is a huge shipping container with as many as 11 million cigarettes inside (- but police are warning any wreckers 'looking for free fags' to stay well away).

The 520 lost containers could result for many companies in the abrupt break in their supply chain.

The companies of the other thousands of containers are most likely affected by delays or product quality claims, as the vessel has to stop for re-stowage of collapsed container stacks and take out damaged containers.

Many companies probably are faced with the same questions as our client:
  • Is cargo of ours affected?
  • Is cargo of ours damaged?
  • What delay is to be expected?



Thanks to arviem real-time cargo monitoring, such questions can quickly and easily be answered and decisions can be taken proactively.

Comments

Popular posts from this blog

The Vicious Cycle of Supply-Chain Innovation - Trapped Between Inflation and Interest Rates

  Although headline inflation has fallen in most economies in recent months, core inflation remains stubbornly high. During times of high inflation, the cost of goods and services often increases rapidly, putting a strain on a business's finances. As a result, many business leaders may focus on cost management strategies, such as reducing expenses and cutting back on investments, to maintain profitability. Unfortunately, this can make it challenging to prioritize supply chain optimization. Supply chain optimization can be a highly effective strategy to alleviate the impact of high inflation. However, it is crucial to understand that supply chain optimization can be a highly effective strategy, especially during times of high inflation, and can help alleviate the impact of high inflation on their finances. By streamlining and improving the efficiency of supply chain processes, businesses can achieve long-term cost savings and improved profitability. Optimizing the supply chain can h

Spurious Correlations in Supply Chain Management - sneakier than you think!

  The supply chain management landscape has undergone a massive transformation recently, rendering the traditional "fax" approach obsolete. In light of this, companies are gravitating towards digital solutions, which not only streamline the entire process but also help sustain market competitiveness. The old-school methods of communication channels were heavily reliant on paper, resulting in significant inefficiencies, errors, and time delays, which were avoided with the implementation of automated solutions such as email, EDI, and other digital communication channels. As the world of technology continues to evolve, more efficient and innovative solutions are constantly emerging, helping businesses remain competitive and future-proof in their respective industries. The realm of digitalization in supply chain management extends far beyond the realms of emails or EDI. Exploring the frontiers of predictive decision support is the key to unlocking immense potential and gaining a

Hello, my fellow financial freedom fighters!

Ahoy, captains of industry! Today, we embark on a journey through the stormy waters of trade financing! Supply Chain Management is hot. Supply Chain Visibility is even more alluring. Nearly daily, you can read articles or join webinars about how important visibility has become in managing cargo worldwide. However! It's not just about moving physical goods from one place to another; it's also about the financial transactions that make that trade possible. Without trade finance, we wouldn't have a global economy. Trade finance is the backbone of the worldwide economy. It links people, businesses, and countries in a web of trust and credit. But there's a problem: The World Trade Organization estimates that US$ 2-5 trillion in trade finance capacity is needed to "just" enable a rapid recovery from the consequences of the pandemic. And there is a second problem: 1 in 2 SMEs don't receive the trade financing they need. This means they also lack the money to inve