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Why counter-intuitive boxship ordering makes sense

The spate of new orders placed for 20,000 teu-class vessels makes perfect sense for the lines involved, which must base decisions on their individual requirements, not the macro-economic supply and demand scene, or the risk of creating another tonnage glut

The only way to be competitive in the Asia-Europe trades is to reduce slot costs through the operation of ultra large 20,000 teu-class containerships

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