Bigger container ships may be holding back recovery

SHIPOWNERS may look to larger vessels to overcome their immediate cost challenges, but industry players have warned that bigger ships present a host of other challenges which the industry has to prepare itself for.

The implications of this shift up in size would have adverse implications on other shipowners and terminal operators, they said at the Asia-Pacific Maritime (APM) 2014 conference yesterday.

The conference, being held at Marina Bay Sands, brings together the region's maritime community and showcases the latest in marine engineering and port technology.