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As the rapid development of containerization, container shipping has played an increasingly significant role in facilitating trade by transporting containerized cargo worldwide. However, the slow growth in the world economy and the oversupply of containerships has greatly challenged the container shipping market in recent years. Particularly, COVID-19 pandemic has brought chaos to the global container shipping market and leading to dramatic market fluctuations. As a result, more attention has been given to formulate container shipping policies and improve container shipping operations, aiming to promote container shipping in a more sustainable manner.
