The Impact of Mega- Ships
The cost savings of mega-ships are decreasing The International Transport Forum (ITF) at the OECD published a study about the impact of mega-ships on maritime transport. First of all, the ITF report stated that there are cost savings per transported container, but these are decreasing and might not even be realized.Furthermore, the report states that transport costs due to ever increasing ship sizes could be substantial. When it comes to ports, the study warns that costs are rising as mega-containerships contribute to congestion and add to the need for costly infrastructure upgrades (bridge height, river width/depth, quay wall strengthening, berth deepening, canals/locks and port equipment). The ITF study thus seems to temper the initial idea of the cost saving potential of mega-ships.There are cost savings of mega-ships, but these are decreasing and might not even be realized. Doubling the maximum container ship size over the last decade has reduced total vessel costs per transported container by roughly a third. However, these cost savings are decreasing with size; the cost savings of the newest generation of containerships are four to six times smaller than the savings from the previous round of upsizing. Approximately 60% of the cost savings of the most ...
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