Whats Going on with Shipping
@wgowshipping·697K subscribers·1.2K videos
Falling Overboard: Shipping’s Biggest Risk?
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July 3, 2026
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12:41Now PlayingIn this video, Sal Mercogliano dives into the latest 2026 update from the World Shipping Council (WSC) regarding containers lost at sea. While 1,478 containers went overboard in 2025, Sal breaks down why this number—though an increase from previous years—still represents a tiny fraction of global shipping.
From the impact of major individual vessel incidents like the MSC Elsa 3 to the role of extreme weather and stack collapses, we explore the real risks and the new mandatory IMO reporting requirements.
⚓Statistically Rare: While high-profile stack collapses are dramatic, only 1,478 containers were lost in 2025 out of 280 million shipped—a mere 0.005%. This low percentage makes it difficult for the industry to justify the slower loading times that would come with additional lashings and security measures.
⚓Driven by Major Incidents: Annual spikes in losses are typically caused by single, catastrophic events. In 2025, the loss of the MSC Elsa 3 alone accounted for 640 containers, which was 43% of the year's total losses.
⚓New Reporting Requirements: 2026 marks a significant shift in transparency, as it is the first year the International Maritime Organization (IMO) has made it mandatory to report containers lost at sea. Previously, data was largely based on voluntary reports from organizations like the World Shipping Council.
Contact What's Going on With Shipping via:
Patreon: www.patreon.com/wgowshipping
Twitter: @mercoglianos
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Facebook: @wgowshipping
Email: mercoglianosal@gmail.com
All is Lost - Trailer
It is Raining Containers
World Shipping Council - Containers Lost at Sea 2026 Update
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