As container ships increase in size, the implications are not just economic, where the added capacity exacerbates the imbalance of supply and demand. Upsizing also affects safety issues. Bigger container ships mean that there is a bigger risk that a fire will break out onboard. Box ship fires are already among the worst hazards in the global maritime sector, according to the International Union of Marine Insurance (IUMI), a Hamburg-based group that . works to raise the standards for the marine insurance sector.
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