33% Supply Chains Moving Out of China

Citing Covid-19 pandemic, rising tariffs, and Brexit, companies are moving their sourcing to Vietnam, India, and Mexico, reports Cargo Now

What is it?

According to a recent survey from analyst firm Gartner Inc.

One-third of companies with global supply chains have moved their sourcing and manufacturing activities out of China or plan to do so in the next two to three years, 

And while the Covid-19 pandemic is certainly one of the top reasons for the trend, other powerful factors are the U.K.’s...

https://mfame.guru/33-supply-chains-moving-out-of-china/?amp;amp;

Salvage of Golden Ray suspended due to Covid-19 and hurricane season

The removal of the wreck of capsized car carrier Golden Ray (IMO 9775816) from St Simon’s Sound off Brunswick, Georgia, USA, has been suspended because of the combined impacts of the hurricane season and the Covid-19 pandemic, the Unified Command has announced. It was announced earlier this month...

https://insurancemarinenews.com/insurance-marine-news/salvage-of-golden-ray-suspended-due-to-covid-19-and-hurricane-season/

MSC Palak released from detention after container loss in South Africa

Container ship MSC Palak (IMO 9735206) was released from detention on July 21st and she sailed from Ngqura, South Africa, shortly before midnight, en route to Las Palmas with an ETA of August 1st. The vessel had arrived from Durban on July 12th and had begun discharging and loading containers in...

https://insurancemarinenews.com/insurance-marine-news/msc-palak-released-from-detention-after-container-loss-in-south-africa/

Weight distribution, lashing arrangements and ship motion main causes of Ever Smart container stow collapse: MAIB

The UK Marine Accident Investigation Branch has said in its report on the container loss from the Ever Smart (IMO 9300403) on October 30th 2017, while she was 700 miles east of Japan, travelling from Taipei, Taiwan to Los Angeles, USA that the container stow collapse was caused by a combination of...

https://insurancemarinenews.com/insurance-marine-news/weight-distribution-lashing-arrangements-and-ship-motion-main-causes-of-ever-smart-container-stow-collapse-maib/