Insurance claims on the rise with box ships forced to brave Cape weather
There has been a prolific rise in weather-related cargo loss and insurance claims since carriers ...
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By Alex Lennane
It never rains, but it pours … Shippers are being warned of more supply chain disruption when the hurricane season hits the US in June.
Colorado State University said the “2021 Atlantic basin hurricane season will have above-normal activity”.
“We anticipate an above-average probability for major hurricanes making landfall along the continental United States coastline and in the Caribbean.”
The academics found there was a near-70% chance of a major hurricane striking somewhere along the coast – against a ‘normal’ year of 52% – ...
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