The fleet of container ships is one of the fastest growing fleets of all ship types. Particularly two factors have been influential in producing the high growth in transport of container:
- Ever expanding free trade agreements and continued reductions of other barriers to trade have in particular benefited growth in commodities carried in containers.
- Products that historically used to be moved in pallets or bulk quantities are at an increasing ratio being shipped in containers instead. This include liquid chemicals, cement, corn, cars, etc..
Less visible, but nevertheless influential, is the fact that growing numbers of containers enable ever larger and faster ships with ever lower marginal costs. The lower transport costs and faster transport times enable the global trade in products, which otherwise would have been unable to trade.
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