The Real Economic Impact of Mega-Container Ships
The International Transport Forum (ITF) based at The Organisation for Economic Cooperation and Development has released a 100 page report on the actual impact mega-ships are having on ports, trade lanes and economies around the world.
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The Impact of Mega-Ships
This report assesses if the benefits of the current mega container ships still outweigh their costs to the whole transport chain.
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The International Transport Forum is an intergovernmental organisation within the OECD system. Its 57 member countries are committed to tackling mobility issues for the 21st century. The International Transport Forum acts as their platform to advance transport policy and practice,…
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International Transport Forum News
The Organisation for Economic Cooperation and Development (OECD) is an international organisation with 34 member countries that aims to analyse and stimulate economic progress with the goal of influencing international transport policy.
Covering sections such as Mega-ships: trends and rational, Mega-ships and maritime transport, Ports and infrastructure adaptations, Mega-ships and peaks and Mega-ships and the transport chain; the five chapter report provides the most in-depth analysis on the contemporary issue of mega-ships ever seen.
“A comprehensive overview of the impacts of mega container ships was long overdue” said Olaf Merk, Administrator, Ports and Shipping at the ITF.
“I hope that this report will trigger debate and constructive dialogue between carriers, operators and ports. The main questions on the table include: how to deal with challenges of these mega-ships, and how can optimal supply chain configurations be reached?”
Representatives from across the industry feature in the report, with spokespeople from Maersk, PSA International, and the World Shipping Council featuring, as well as a number of port and terminal executives also offering insight and opinion.
Issues primarily caused by mega-ships revolve around the huge capacities they bring to ports causing congestion, as well as the increase in ship sizes having a cascading effect down to smaller trade lanes and ports as bigger ships are increasingly free to be used within smaller economies of scale.