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As of 2005, some 18 million total containers make over 200 million trips per year. There are ships that can carry over 14,500 twenty-foot equivalent units (TEU), for example the "Emma M?rsk", 396 m long, launched August 2006.
However, few initially foresaw the extent of the influence containerization would bring to the shipping industry. In the 1950s, Harvard University economist Benjamin Chinitz predicted that containerization would benefit New York by allowing it to ship industrial goods produced there more cheaply to the Southern United States than other areas, but did not anticipate that containerization might make it cheaper to import such goods from abroad...
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