Container ships have grown bigger, better and faster over the last decade and are becoming more technically sophisticated. This is largely due to the creation of the shipping container itself, which allows transporting cargo to be more efficient, and often gives economies of scale.
Larger container ships create cost savings and the introduction of some of the world’s largest container ships earlier this year has meant that cargo capacity has increased around the world.
OOCL Hong Kong, which has recently eclipsed MOL Triumph to be the world’s largest container ship, has a cargo carrying capacity of over 20,000 TEU (twenty foot equivalent unit). And it doesn’t stop there – another 10 ships, topping 20,000 TEU are on order and scheduled for delivery by the end of this year.
Read more about increasing cargo capacities
