Wednesday 19 September 2018

Shipping Industry overview



Around 90% of world trade is carried by the international shipping industry.  Ship transports between regions are designated deep-sea shipping, which, financially, is the most effective means of
transport. Traffic is particularly heavy on shipping routes between the large industrial regions of Asia, Europe and the USA. This part of the shipping industry is in direct competition with air transport in respect of specific high-value product groups.

Short-sea shipping covers transportation within the regions and handles the redistribution of cargoes shipped to regional centers by the deep-sea vessels. Short-sea often competes directly with land-based transports. 

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