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Bigger container ships may be holding back recovery

They affect market pricing, feedering segment in cascading effect

Raising the bar: A lot of the current terminals are geared to handle 13,000-TEU capacity ships; vessels in the future may have 23,000-TEU capacities. - PHOTO: REUTERS

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...

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