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Shippers Saw a Need for Bigger Vessels. They Built Them Too Big

  • ‘Odd Lots’ podcast discusses surge in container-shipping costs
  • Marc Levinson explains how larger boats jam up ports
The "HMM Algeciras" entering the port of Hamburg 

The "HMM Algeciras" entering the port of Hamburg 

Photographer: Axel Heimken/picture alliance/Getty Images

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Unless you’re involved with international commerce in some way, you might not have heard that the cost of shipping goods out of China is absolutely soaring right now.