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Shipping Container
Arizona settles federal lawsuit over shipping container border wall
Arizona has agreed to pay $2.1 million to the U.S. government for damage done to federal and tribal land during construction of a roughly 4-mile wall of shipping containers at the Mexico border.
The payment will settle a lawsuit filed in December by the U.S. Department of Justice (DOJ) against former Arizona Gov. Doug Ducey and the state over the construction of the improvised border wall made of more than 3,000 shipping containers.
As part of the deal, the DOJ will drop the lawsuit, which...
Singapore Bunker Sales Surge By 4% In January
Marine fuel sales in Singapore hit a two-month high in January as more vessels called at the world’s largest hub, taking advantage of lower prices. Sales rose to 4.38 million tonnes, an increase of around 4 per cent compared with the previous month, according to data released by the Maritime and Port Authority of Singapore (MPA) early last week.
Increased DemandMr Emril Jamil, senior oil analyst at Refinitiv, a unit of the London Stock Exchange Group, said on...
https://mfame.guru/singapore-bunker-sales-surge-by-4-in-january/
Container Shortage Adds Impetus To Commodity Prices
Shipping container shortage has made it expensive to move sugar, coffee and copper around the world by sea, says an article published in The Wall Street Journal.
High freight ratesOcean freight rates began to soar last summer, and haven’t let up.
What is the reason?That is partly because consumers, unable to spend money in restaurants, have splashed out on goods that move by sea. Retailers and manufacturers, meanwhile, have rushed to rebuild inventories.
Container shortageThe shortage of 40-foot...
https://mfame.guru/container-shortage-adds-impetus-to-commodity-prices/
How Increased Freight Rates Led To A Worldwide Supply Chain Dysfunction
- The average spot rate that container carriers charge for shipping containers from Shanghai to the US East Coast shot to a new record of $4,874 per 20-foot-equivalent unit.
- Freight rates for shipping containers from the US West Coast to North Asia are languishing at $600 per 40-foot equivalent unit.
- The Port of Los Angeles reported that imports of “loaded” containers for the four months of August, September, October, and November soared by 22% from the prior year, to 1.96 million TEU.
- The...
https://mfame.guru/how-increased-freight-rates-led-to-a-worldwide-supply-chain-dysfunction/
Watch: How Container Shipping Works – The Process Of Transporting Cargo In Containers
You must have seen a steel box transporting goods at some point in time in your life…probably on rail, road or on a ship. This is a typical shipping container.
Shipping containers are standardized steel boxes we use to ship all kinds of things.
From Fruits to shoes, from computers to inflammable and hazardous materials for industrial purposes
With container shipping, anyone can transport their cargo from point A to Point B.
Now it may seem that transporting a container is a simple process, but in...
Living in a Shipping Container?
Have you ever thought of living in a shipping container? Well, Shawn and Mike did and this is how they did it!
An article published in Forbes titled “Shipping Container Living” illustrated their crazy living idea. Here’s an excerpt from it.
How does it like to have a dream fulfilled?Building a container home was a dream come true for homeowners Shawn and Mike McConkey. Mike, an architectural engineer and construction superintendent was able to do a good portion of the building, along with a...