But we should expect inventories to try to rise given all the supply chain dislocations in the US. Driver shortages, delays internationally, and a rise in consumer buying may all be responsible.
One of the professionals viewed calls it a multiple black swan event!
Demurrage and Detention (D&D) charges are commonplace in ocean container shipping. Standard contracts specify a number of days the container may stay in the yer without charge. When the port doesn’t transfer a container within the time limit, the shipper is liable.
The FMC (Federal Maritime Commission) is right now looking into whether ocean carriers and ports are unfairly adding D&D charges to shippers’ bills. Many shippers have been complaining for months that this is happening. But this is the first time one of them has sued the carrier and port, making the dispute public. We’ll now find out, through the court case, the exact sequence of events and the times involved.
The costs for D&D that aren’t in the contract are a complete surprise to the shipper, and come right out of thier profits. Read the story to see what the claims are.
It’s fitting that a beer company would be the first customer for an electric ship on inland canals.
The ship is unique, because it uses rcontgainers of rechargable batteries as power. The containers can be swapped at either end of the voyage to renew the power source.
Inland waterway traffic in Europe is very important to reduce the level of pollution fom trucks. Most EU countries have set goals to increase the amount of inland waterway barge traffic, to reduce the trucks on the road. This vessel is even better, since it does not generate any emissions at all, whereas a diesel barge would generate some.
Hope they get more of them!
7 September 2021
Port Technology International Team