Shipping

Shipping: The ‘Invisible Industry’ That Clothes And Feeds You

Imagine a ship carrying goods in containers that, if lined up, would stretch around 11,000 miles long, or nearly halfway around the planet

According to United Nations Conference on Trade and Development 2010 figures, fleet capacity for larger vessels was 2673 vessels with average capacity of 3774 20ft container equivalents units (TEU), plus 6862 smaller vessels with average capacity 709 TEU. The total combined length of that fleet capacity is just over 49,000 nautical miles – almost twice the circumference of the earth.
That is a lot of capacity. 3 cubic feet per person – That’s a good sized suitcase.
On average – every one of us is transporting that much volume, somewhere, over ocean, every day.
The vast majority are getting little or nothing.
Is it really necessary?
Could it possibly represent any sort of optimal solution to anything other than the maximisation of the flow of money?

About Ted Howard NZ

Seems like I might be a cancer survivor. Thinking about the systemic incentives within the world we find ourselves in, and how we might adjust them to provide an environment that supports everyone (no exceptions) - see www.tedhowardnz.com/money
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