Thanks for the question. It is a great one.
I firmly believe that the technical problem of losing containers overboard will be overcome. Make no mistake: Industry doesn't want the loss of containers any more than a private citizen or any one of us on this call does. It's not acceptable. The status quo is not acceptable.
Whether the root cause is ship design, ship size, container design or securing methods, whatever the root cause or the combination, that problem will be solved. Similar problems have existed throughout time, and a solution can be found. Yes, it will take some time. Yes, it will take some coordination amongst the international agencies that are involved, and it will take some money, but it will get solved. It has to be solved, because, again, the loss of containers is not acceptable.
The economic impact of that lost cargo is—not to minimize the environmental side of it—just as great. The insurance claims and the impact to the shippers and cargo owners is equally as catastrophic from an economic standpoint, as it is on the environmental front.
A solution does need to be found. Tracking of containers, flotation devices, and all of those types of things, I'm sure, will be considered by the relevant technical bodies in how they come up with the ultimate solution.