container ship market update lloyd s register ships david tozer business manager alistair stubbs development vancouver sname october 2006 shipping an ever increasing proportion of the world manufactured goods is shipped in freight containers there are reportedly 16 million on move at any one time carrying everything from microchips to scrap paper concept containerised cargo was invented 1937 by malcom mclean but didn t reach fruition until early 1960s when iso standard introduced www mondaymemo net 010611feature htm life pictures getty images content outlook ulcs design considerations for modern under panamax 28 34 post 38 32 today fleet 52 order book we have reached magic 10 000 teu a limit