Maersk Essen diversion could eat into supplies for LG Electronics, Puma

China 2729 Cons. Discr. - Apparel 404 Corp - Ports 813 Corp - Shipping 857 Info Tech - Tech Hardware 661 Mode - Containerized 1331 Mode - Seaborne 1663 U.S. 4852 Vietnam 310

Maersk’s container vessel Maersk Essen has lost around 750 containers in a Pacific ocean storm while sailing eastbound to Los Angeles and has been diverted to Lazaro Cardenas in Mexico. There’s been a string of losses among ultra-large container ships recently, including ONE’s Apus, that may raise questions about the loading and sailing strategies used on such vessels. Panjiva’s data shows that the Maersk Essen made three visits to the U.S. in 2020 with an average 12,500 20-foot equivalent units (TEUs) of freight unladen at Los Angeles each time. The unloading and transfer of containers ...

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