🚢The MSC Irena is the largest cargo ship in the world, weighing over a million tons and capable of carrying over 24,000 containers.
⚙️The ship incorporates technologies such as air lubrication and shaft generators to improve efficiency and reduce fuel consumption.
📦Containerized shipping revolutionized the industry, providing cost savings, improved security, and simplified logistics.
🌍The top shipping companies, including MSC and Maersk, dominate the market, controlling a significant portion of the world's container trade.
💼Consolidation in the shipping industry may lead to challenges, including potential monopolies and reduced competition.