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Larger ships dominating busy routes: Unctad

Larger ships dominating busy routes: Unctad

Unctad report on maritime transport says that ships have become bigger, and the number of companies in most markets has diminished over the last 10 years. The report stated that on an average, the number of companies whose ships sail into each country has decreased by 27 per cent during the last 10 years from 22 in 2004 to just 16 in 2013.