Debate over huge container ships -------------------------------------- The blocking of the Suez Canal by a 220,000-tonne ship is bringing into question whether vessels have outgrown the infrastructure needed to support them -------------------------------------- CONTAINER GROWTH TEU* 1968 Encounter Bay 1,530 1972 Hamburg Express 2,950 1980 Neptune Garnet 4,100 1984 American New York 4,600 1996 Regina Maersk 6,400 1997 Susan Maersk 8,000+ 2002 Charlotte Maersk 8,890 2003 Anna Maersk 9,000+ 2005 Gjertrud Maersk 10,000+ 2006 Emma Maersk 11,000+ 2012 Marco Polo (CMA CGM) 16,000+ 2013 Maersk Mc-Kinney Moller 18,270 2015 MSC Oscar 19,000+ 2017 OOCL Hong Kong 21,413 2020 Ultra Large Container Ship 24,000 -------------------------------------- Container capacity has increased 1,500% since 1968 and almost doubled over last decade Size comparison: London Eye; Pyramid of Khufu; Eiffel Tower; Empire State Building -------------------------------------- GLOBAL MARITIME TRADE 12,000 10,000 8,000 6,000 4,000 2,000 0 1970 80 90 2000 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 (Selected years, million tonnes loaded) More than 90% of global trade is moved by sea Tanker Main bulk Other 1970: 2,605 2009: 7,857 – wake of global financial crisis 2019: 11,076 *Twenty-foot Equivalent Unit – standard unit for describing ship’s cargo capacity -------------------------------------- Sources: Allianz Global Corporate & Specialty (AGCS), United Nations Conference on Trade and Development (UNCTAD) © GRAPHIC NEWS