Interesting facts about Shipping Liners and their containers

Today, containers are not just units used to ship things around the world. It has become so much more. People even design the most beautiful homes out of them now, but most importantly they are used to ship our goods around the world to keep our economies growing.

Did you know:

  1. 95% of the world’s cargo is currently moved by ship.
  2. 97% of all containers are made in China.
  3. 50% of all containers are owned by shipping lines. The other 50% is leased running from one to ten years.
  4. Containers can last up to 20 years or more.
  5. A regular container can hold up to 8,000 shoe boxes.
  6. Between 2,000 and 10,000 containers get lost in the sea every year after falling off of the ships carrying them.
  7. Between 5 million and 170 million shipping containers are currently belonging to our global container fleet.
  8. The shipping industry has spent more than $ 236 billion on the purchase of new vessels to increase container transportation.

Sharing is caring and here are some more interesting facts you might not have known:

Made in China

We know China makes a lot of things, but did you know they make practically 97 percent of all shipping containers? It doesn’t hurt that so many of the world’s manufactured goods also come from China.

Invented in 1956

A gentleman named Malcolm McLean invented the first metal container in 1956 as a replacement for the traditional breakbulk cargo handling.

There Are a Lot of Them

It’s estimated that there are over 17 million active shipping containers around the world making a total of 200 million trips a year. That should give you some idea of the massive scale that is modern world trade.

There Are a Lot of Ships

The cost of new liner construction to handle all those containers is over $236 billion US spread out over a dozen countries.

They’re Not Just Used for Shipping

Shipping containers are incredibly versatile. Including the ones used for shipping, there were an estimated 500 million containers globally in 2010. They’re frequently used in the construction of homes and offices, and are even available as available storage containers in NYC.

They Don’t Always Make It

While losing a shipping container is a rare event, around 675 shipping containers are lost at sea annually.

The Port of Shanghai

The busiest port in the world, the Port of Shanghai handles over 33 million containers a year. For comparison, the Port of New York and New Jersey—one of the world’s busiest—handles just over 3 million.

Container Size

A standard TEU (Twenty-Foot Equivalent Unit) container can hold 3,500 shoe boxes, while a 40-ft high cube can hold at least 8,000 shoe boxes.

A Long Lifespan

Shipping containers don’t require much upkeep, but with just regular maintenance, a typical shipping container can last over 20 years.

The Cheapest Way to Move Goods

Over 95 percent of all the cargo in the world moves by ship and nearly all of that within shipping containers. Given the high cost of transportation, the tremendous speed and efficiency of shipping can’t be replicated anywhere else.

The shipping container is ubiquitous. From its function in shipping to its increased use as a building material, the shipping container is one of the most recognizable aspects of modern life.

A standard TEU container can hold around 3,500 shoe boxes, and a 40ft high cube can hold more than 8,000 shoe boxes.

We love containers and since we work with them all day long, we respect them for what they offer us and our economy.

Next time you see a container, take another look. They deserve it!

Have a wonderful day.

The Hitek CF Team

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