News / China Shipping takes next step towards bigger interest in APMT's port network

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State-owned China Shipping Container Lines (CSCL) will at some point in the next couple of years hold the title of operating the largest box vessels – once it begins to take delivery of the series of 19,000teu vessels currently under construction at Hyundai Heavy Industries in South Korea.

However, while the vessels’ economies of scale will be much welcomed by a carrier that posted a loss of $431m last year in an environment of wildly fluctuating freight rates, they create the ...