ONE Apus Cargo Loss, 2020

The ONE Apus, operated by Ocean Network Express (Japan), is a 14,000 TEU containership built in 2019. In November 2020, while en route to the port of Long Beach in California, encountered adverse weather in the middle of the Pacific, 1,600 nautical miles northwest of Hawaii. This route is part

Participation Level in Global Value Chains

Source: World Bank (2020) World Development Report 2020: Trading for Development in the Age of Global Value Chains, Washington: World Bank. Supply chains and the supporting manufacturing and distribution tend to be sequential, implying a hierarchy of the involved locations. Countries can participate in global value chains in various ways

The Dawn of Containerization: 1970

Source: Containerization International. The first containerized shipping services were established in the United States in the late 1950s and early 1960s. There were no specific container size standards, with the most prevalent form being the 35-foot container. By 1968, a standard was reached, defining 20-foot and 40-foot containers as the