Sohail
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Open Encyclopedia of Cognitive Science
Open Encyclopedia of Cognitive Science · Open Encyclopedia of Cognitive ScienceOpen Encyclopedia of Cognitive Science
Open Encyclopedia of Cognitive Science · Open Encyclopedia of Cognitive ScienceOpen Encyclopedia of Cognitive Science
Open Encyclopedia of Cognitive Science · Open Encyclopedia of Cognitive ScienceThe reason for this explosion in size is tied not to ship unit economics, but rather to the ports those ships visited. Shipping is a two-way trade. A big ship that takes too long to get unloaded and reloaded loses all of the economies of scale it picked up at sea. Bigger ships can cause port diseconomies to scale. A bigger ship has more containers to load and unload. But it can only stay at the port for so long, or else it risks missing the schedule. Yet at the same time, a good crane can only make a maximum of about 30 moves an hour. And simply adding more cranes mean they interfere with one …
The Economics of Giant Container Ships - by Jon YThe thing about huge ships however is that they benefit from economies of scale. You spend less steel, crew, and fuel to run 1 ship carrying 10,000 TEU than two ships carrying 5,000 TEU each.
The Economics of Giant Container Ships - by Jon Y