Intercargo Annual Review 2023

The past year has certainly been a year of notable highs and lows across the shipping industry, with the dry bulk sector being no exception. A major talking point of the past 12 months, as has been the case for some time now, is the journey to decarbonization and INTERCARGO welcomed the revised greenhouse gas (GHG) strategy from IMO Member States in July (MEPC80).

The Evolution of Containerships

The first generation of containerships was composed of modified bulk vessels or tankers that could transport up to 1,000 TEUs. The first containership, the “Ideal-X” was a converted World War II T2 tanker. At the beginning of the 1960s, the container was a transport technology being tested and gradually deployed, and reconverting existing ships proved to be of lower costs and less risky.