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A red bench on a pier with waves crashing behind it under a cloudy sky, symbolizing turbulence and uncertainty

Decks and Deals Weekly #11

Global shipping markets endured another week of volatility between September 20–27, as UNCTAD delivered sobering forecasts, Chinese shipyards defied US sanctions, and container rates plummeted ahead of Golden Week holidays

Large MSC container ship loaded with colorful shipping containers navigating through Port of Long Beach harbor at sunset, with port infrastructure, cranes, and smaller vessels visible in the background, illustrating the scale of modern ultra-large container vessels in global shipping operations

MSC doubles down on mega ships amid market doubts

Mediterranean Shipping Company orders twenty more ultra-large vessels worth billions, defying prevailing industry sentiment favouring smaller ships. This bold container shipping strategy challenges conventional thinking while competitors embrace feeder vessel flexibility