What is blue, a quarter of a mile long, and taller than London’s Olympic stadium? The answer – this year’s new class of container ship, the Triple E. When it goes into service this June, it will be the largest vessel ploughing the sea. Each will contain as much steel as eight Eiffel Towers and have a capacity equivalent to 18,000 20-foot containers (TEU).
These containers are symbols of global commerce that enable economies of scale to be profitable and the outsourcing of so many manufacturing jobs to developing countries. The invention of these containers have changed the geography of global shipping and the vast majority of the world’s largest ports are now in East Asia. Today though, the biggest container ships are too big to go through the Panama Canal, encouraging China to build a larger canal through Nicaragua.
Tags: transportation, globalization, diffusion, industry, economic.
See on www.bbc.co.uk



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