To Ease Supply Chain Delays, Christie's and the Shipping Company Crozier Are Teaming Up to Open New Sea Freight Routes

  • 📰 artnet
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

To ease supply chain delays, Christie’s and the shipping company Crozier are teaming up to open new sea freight routes:

To Ease Supply Chain Delays, Christie’s and the Shipping Company Crozier Are Teaming Up to Open New Sea Freight RoutesApril 20, 2022

Can a new partnership between the auction house Christie’s and the shipping company Crozier help ease the supply-chain woes caused byEarlier this month, the two art-world heavyweights announced plans for a new monthly sea freight service between London and New York, along with a fleet of bespoke sea containers that will be used exclusively for art. There will also be a sea freight route every two months between London and Hong Kong.

One recent shipment, from Shanghai to the U.S., was estimated to cost Dietl $200,000 . By the time the exhibition closed, the price for that same return shipment had skyrocketed to $600,000. sitting outside ports, but it’s not just in California,” said Dietl. “It’s extreme on the West Coast but the problems are happening on the East Coast as well.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

B

Those containers are all filled with Art!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 522. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Container shipping could rebound by late April as Covid eases in China, shipping investment firm exec saysShanghai, home to the world's busiest container port, has been on lockdown since last month and has suffered from a breakdown in the logistics supply chain. shipping prices still sky high! no plans to restart yet-sorry! Unless I’m mistaken, Covid rates are rising in China. What would we do without our cheap Chinese shit?BUY AMERICAN.
Source: CNBC - 🏆 12. / 72 Read more »

Tesla nearly doubled its revenue in Q1 despite industry wide supply chain woes | EngadgetIgnoring the whole Twitter thing, Tesla built 305,000 vehicles in the first quarter of this year, delivered 310,000 of them, and opened two new factories in Berlin and Austin.. They started price gouging customers, even though parts costs barely went up at all if they even went up. Also there is a replacement cycle coming for former owners getting new cars, because their old ones are falling apart.
Source: engadget - 🏆 276. / 63 Read more »