Sherif D Helmy
Mega Container Ships, Pros, Cons and Its Implication Recession
The size of container vessels has grown up in the past ten years and the trend prospect to be continued, according to analysis almost half of current ships order is for vessels exceeding 12,000 TEU’s. Mega vessels have advantages to liners and for holding down the coast of ocean shipping but also raising concerns among vessel operation, insurance and they require for infrastructure adaptations and productivity level. Moreover further increase in ship size could result negative impacts and crises in recession.