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SHIPPING 



This sector covers shipping lines  and the seaports of call.  



SHIPS

 



The shipping sector is engaged in the transport of cargo by sea from one corner of the world to another. Shipping accounts for 95% (approx) of world trade volume. 


These companies own ships which carry container load of goods. Specialized tanker ships carry fuel , gas and chemicals.  These companies called shipping lines command billion dollar investments and are usually owned by government entities or by the private sector. 






TANKERS





Different products require specialized handling and transport. 


Hence  chemical tankers, oil tankers, and LNG carriers are developed to handle dangerous chemicals, oil and oil-derived products and liquefied natural gas respectively.






SEA PORT 







Ports handle containers to be unloaded from in-coming ships and to be loaded onto out-going ships. 




Ports are usually government owned and  / or operated by private sectors who specialize in Port operations.  



It is challenging for these companies to contain their operating costs and bear competition. 



It is one of the  direct indicators of a stable or a recessionary trend in the global or a country's economy. 

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