News / 'ASEAN tiger' shippers say they don't need ULCVs on the intra-Asia trade

© Khunaspix Dreamstime.

As the ASEAN “tiger economies” continue to reshape the world’s largest container trade, some domestic shippers are questioning the industry’s march towards ultra-large container vessels (ULCVs).

With 31m teu and 100 port pairs, intra-Asia accounts for roughly one-in-four boxes shipped worldwide every year.

And, according Drewry director Han Ning, the rise of the “ASEAN tiger” economies is deepening the region’s trade ties, particularly between South-east Asia and the Far East’s “older tigers” of China and Korea.

�

“Logistics providers in Asia will experience a ...