Mega containerships increasingly defeat their very raison d'ĂȘtre: To be filled, they call at more Asian ports than before, picking up containers at random. To unload, stack them in yard, and clear them through the gate, is a port’s greatest headache today. The ensuing mess could cost a large terminal up to 3 million dollars a week and regulatory authorities are looking into this situation. The fact that 95% of international trade is handled by four shipping alliances does not help matters much either. HHMy blog provides commentary and opinion on current developments in the global economy; international trade; shipping; ports; terminals; transport; and maritime logistics, including important business research findings, as reported quarterly in the 'Maritime Economics and Logistics' Journal (www.palgrave.com/41278). © HE Haralambides, all rights reserved.
Thursday, October 8, 2015
Diseconomies of Scale of Mega Containerships
Mega containerships increasingly defeat their very raison d'ĂȘtre: To be filled, they call at more Asian ports than before, picking up containers at random. To unload, stack them in yard, and clear them through the gate, is a port’s greatest headache today. The ensuing mess could cost a large terminal up to 3 million dollars a week and regulatory authorities are looking into this situation. The fact that 95% of international trade is handled by four shipping alliances does not help matters much either. HH
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