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Brave new world for container shipping sector

The development of ultra large container ships (ULCS) and the emergence of mega alliances are key trends.

Industry players believe that the trend of launching mega-size container ships, slow steaming and larger shipping alliances will continue.

THE container shipping industry has gone through phenomenal changes in the past couple of years. Key among the new trends is the development of ultra-large container ships (ULCS) and the rise in supply it has brought on.

The emergence of mega alliances is another key trend. With these two