As the climate becomes more volatile, shipping containers are much more likely to tumble into the ocean on their way from port to port. What happens when they do?
It is reasonable to regard that number warily, since it comes from a voluntary survey conducted by insiders in an industry where all the incentives run in the direction of opacity and obfuscation. “No one reports fully transparent figures,” Gavin Spencer, the head of insurance at Parsyl, a company that focusses on risk management in the supply chain, told me.
People who work on oil tankers or aircraft carriers or commercial fishing boats know what they are transporting, but, as a rule, those who work on container ships have no idea what’s in all the boxes that surround them. Nor, for the most part, do customs agents and security officials.
More often, though, the contents of lost containers become obvious only if they start washing ashore, where they attract the attention of residents and beachcombers, as well as that of regional authorities and environmental organizations, which together often end up funding and coördinating cleanup efforts.
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