Container losses in 2024 were influenced by ongoing disruption in the Red Sea region, which led to a significant shift in global trade routes. Vessel transits around the Cape of Good Hope increased by 191% compared to 2023. This area is well-known for hazardous maritime conditions, which contributed to a concentration of losses. The South African Maritime Safety Authority says around 200 containers were lost in this region alone.

Preliminary information from the Blue Schooner Company suggests the vessel was hit by a “sudden and violent” storm, causing it to capsize and sink. Survivors reported donning survival suits and boarding life rafts as the vessel began to sink.

People don't see the "true ecological price" of container ships. "The price of people falling ill due to the climate change, for instance. That's never paid for."

Olivier Barreau and his twin brother, Jacques, are part of a small but growing number of entrepreneurs who are grappling with the problem of how to transport goods across the globe at a scale that makes economic sense, without further damaging the planet.

With all the justifiable doom and gloom around this week’s release of the IPCC Sixth Assessment Report I thought it would be good to think about what changes could be made in our area of interest.