Yes, you and some others may laugh, but for how long? Trump's leadership will end, but his decisions will be remembered for a long time. "Yangzijiang Shipbuilding in China is demonstrating unprecedented efficiency in the production of ultra-large container vessels. A prime example is the MSC Irina, currently the world's largest container ship with a capacity of 24,346 twenty-foot equivalent units (TEUs)—roughly 12,173 forty-foot containers. Remarkably, the timeline from the start of construction to final delivery was approximately 16 months." [source: AI]. With an increasing number of vessels of this magnitude, or even larger, currently on order and under construction, the global shipping industry is poised for a significant increase in capacity. This expansion is likely to drive down freight costs, potentially enhancing the global competitiveness of export-oriented nations, such as Canada, by reducing the cost of reaching markets beyond the United States. Canada and other nations may just have the last laugh.
