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February 12, 2022

Dramatic Increase in Container Ship Production

Historic increases in container ship construction will create an excess of capity in three years, the length of time it takes to build a ship.

"Tight capacity and soaring profitability for shipping lines led to a new high in the orderbook for new container vessels in 2021, according to Drewry Shipping Consultants. Orders last year were almost equal to the previous five years combined. Drewry analyst Simon Heaney says “there is clearly a risk of overcapacity returning to the market in 2023 that could depress freight rates,” but carriers can mitigate the impact with steps like demolitions."

Bloomberg, February 10, 2022


Best East Coast Ports for Imports

If you are bringing your inventory in through east coast ports, avoid Charleston. Savannah has the lowest container ship backups.


Plastics Deemed Safe for Toys

It's nice to see a pediatric expert give the ok for plastic toys.

Phthalates used to be in soft plastic toys, but they were banned in 2008 from toys in the United States. Still, if your baby is in a stage from 6 months to a year when they want to put everything in their mouth, try to direct them toward wooden or silicone toys instead, Dr. Sathyanarayana said. Simply playing with plastic toys is fine, she added.

Dr. Sheela Sathyanarayana, a pediatrician and researcher at the University of Washington and the Seattle Children’s Research Institute.

"The Types of Plastics Families Should Avoid," Alice Callahan, New York Times

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