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Carriers ordering bigger container ships to achieve economies of scale

     Container ship

The average size of container ships continues to expand as carriers order ever larger vessels.  The latest record was set earlier this year by Mediterranean Shipping Co. when it took delivery of the 19,224 TEU (Twenty-foot Equivalent Unit) MSC Oscar – just slightly larger than China Shipping’s 19,100 TEU CSCL Globe (see photo).

For more information, contact David Lychek, Manager – Ocean & Air Services.

Quick Tip #30
Double check your insurance coverage

Don’t make the mistake of assuming your insurance coverage covers everything you ship.

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