Mega-Ships

Seeking efficiency and economies of scale, the world’s container carriers are increasingly ordering mega-ships capable of handling more than 8,000 20-foot-equivalent container units, with even larger vessels appearing particularly on the Asia-Europe trade lane. Shippers and carriers looking to reach the North American east coast with these post-Panamax ships must transit the Suez Canal because, as their name implies, they are too big to sail through the Panama Canal. But with Panama’s decade-long canal expansion project set for completion in 2015, many larger vessels will be able to add the Panama Canal to their route options. Ports around the world are preparing for the onslaught of these mega-ships, dredging harbors and investing in super-post-Panamax cranes that can reach across 22 or more rows of containers to expedite loading and unloading operations.

News & Analysis

16 Aug 2017
After chasing market share during the rate wars of 2016, Maersk Line is now concentrating on maintaining profitability in the recovering market.
14 Aug 2017
The huge container ship that ran aground while leaving the Port of Antwerp, obstructing access to Europe's second busiest port, has been refloated.
28 Jul 2017
Sponsor Video: Collaboration from vessel to terminal to rail and onward comes naturally, GCT Canada's Chris Ng said, because, as in football, no one wants to fumble the ball.
26 Jul 2017
Sponsor: Making BCO partnerships centric with the terminal strategy is vital, says Jeremy Ford, APM Terminals' head of commercial.  
20 Jul 2017
Pacific Northwest ports believe the true competitive edge will come from faster cargo velocity at the terminals.
17 Jul 2017
A 13,200 TEU vessel that is the largest ever to enter the Port of New York and the US East Coast passed under the newly-elevated Bayonne Bridge Monday afternoon.

Commentary

Recent industry comments suggest carriers are being cautious in ordering new capacity — new ship orders are down substantially versus 2015 — and also will be cautious on capacity as alliances roll out their service networks. This is leading a number of observers to suggest that the container market gradually may be returning to equilibrium.

Video



Sponsor: Making BCO partnerships centric with the terminal strategy is vital, says Jeremy Ford, APM Terminals' head of commercial.