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.”
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