![Are mega ships the way forward? The debate rages on](https://iims-media-library.s3.eu-west-2.amazonaws.com/wp-content/uploads/2016/02/12153132/Mega-ship.jpg)
Ship breakers are watching the evolvement of mega ships with much interest – not in admiration, but as a future source of metal recycling.
If we’re to believe the big container lines, who justify ever larger ships as the remedy for their financial woes, why are so many of them still losing money?
In the size race, Maersk Line led the pack with its Triple-E vessels of 18,000 twenty-foot equivalent units (TEUs). But nearly all of its chief rivals, including Mediterranean Shipping Co., CMA CGM, Evergreen Line and China Container Shipping Lines, have been catching up with their own mega-vessels. Japan’s Mitsui O.S.K. Lines (MOL) recently announced an order for six 20,150-TEU ships, and Maersk, among others, is likely to match that.