2min chapter

World Business Report cover image

Shipping companies place record orders for new container vessels

World Business Report

CHAPTER

Surge in Container Ship Orders and Legal Battles Over a Steel Merger

This chapter explores the surge in container ship orders driven by the need for eco-friendly vessels, highlighting a current order book of 760 ships. It also addresses the legal challenges faced by Nippon Steel and US Steel after President Biden blocked their merger, with the companies alleging political motivations for the decision.

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