Chip shortage ending sooner rather than later?

[MorgansRun]

Not sure what the prevailing wisdom is on how long the chip shortage will last, but it looks like one of the largest automotive shipping companies is bring vessels back in the water in a few months.

Wallenius Wilhelmsen puts more vessels back into service

Wallenius Wilhelmsen will reactivate the last three of the ro-ro vessels it placed in cold layup in the second quarter of last year when the Covid-19 pandemic hit finished vehicle volumes.​

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The Norwegian shipping and logistics provider said the vessels would be reactivated into service in Q3 of this year and replace capacity provided by short-term charters.​

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As reported earlier this year, Wallenius Wilhelmsen brought 12 of the 15 vessels placed in cold layup last spring, with nine vessels now in active service and a further three due to start services over the next couple of months.​

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The company said that customer demand, scarcity of capacity and rising rates in the time-charter market continued to make reactivation of vessels in layup a more cost-competitive option than chartering. The remaining vessel that was placed in cold layup before the coronavirus pandemic will be activated in November 2021, according to the company.​

This isn't behind a paywall (i'm too cheap for that), but it might require login.

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[KAQ]

That's not the chip issue, there is a shortage in substrate that they make the chips with. This may help with other part shortages though for sure.