The Advantages and Disadvantages of Ultra-Large Container Ships

As the world economy grows faster than ever before, the shipping industry has no choice, but to catch up with the speed of change. Over the years, strong demand for international trade has led to an increase in the size of shipping vessels. This maximizes the benefit for economies of scale. In the past, “Megaships” were built to address the demand for larger container vessels. However, as economies grow ever more rapidly, a larger generation of container ships will be needed: ultra-large container ships. The capacity of ultra-large container vessels currently ranges from 14,000 TEUs to 21,000 TEUs. This...

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