What Happens When Containers Fall Off Ships

I don't know why it'd be unexpected. People have been hauling floating containers out of the ocean since containers became a thing.
But most people don't realize that containers do fall off ships or give much thought as to what happens to the contents.
 
The collision of his boat with a drifting container is the basis of the plot of the 2013 film "All Is Lost" starring Robert Redford, a truly unfortunate occurrence in the middle of the ocean. BTW, a nice movie and a great performance by Redford.
Indeed, a very powerful performance which illustrates the quality of acting. 51 words in the entire film. Great work from all involved.
 
Worth remembering that throughout history cargoes have been lost at sea and remain present on the ocean floor today. Difference in the past was that it usually meant the loss of the whole ship and often its crew.
That reminds me of the discussions we had in my international business classes about shipment insurance.

The nautical folks started shipment insurance, but there's some interesting wrinkles to that: if someone's deck cargo is cut loose to save the ship in a storm etc, the folks whose cargo was saved are responsible for paying the person whose cargo was lost, not the general insurer.
 

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