Goulielmos, Alexandros M. - In: International Journal of Financial Studies 6 (2018) 4, pp. 1-21
The inability of carriers to forecast 'demand for containerships' led them to order larger ships. Maritime economists were also unable to forecast it. The new-buildings cut cost per TEU, but 'estimated economies of scale' are exhausted with ships beyond 21,000 TEUs, higher than the present. As...
