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Cargo ships are categorized partly by cargo or shipping capacity , partly by weight (deadweight tonnage DWT), and partly by dimensions. Maximum dimensions such as length and width ( beam ) limit the canal locks a ship can fit in, water depth ( draft ) is a limitation for canals, shallow straits or harbors and height is a limitation in order to ...
The traditional "Jolly Roger" flag of piracy. Piracy is an act of robbery or criminal violence by ship or boat-borne attackers upon another ship or a coastal area, typically with the goal of stealing cargo and other valuable goods. Those who conduct acts of piracy are called pirates, and vessels used for piracy are called pirate ships.
A tax-free shopping retailer. Tax-free shopping (TFS) is the buying of goods in another country or state and obtaining a refund of the sales tax which has been collected by the retailer on those goods. [1] The sales tax may be variously described as a sales tax, goods and services tax (GST), value added tax (VAT), or consumption tax .
Baltic Dry Index 1985 - 2022. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Zim Integrated Shipping Services Ltd., commonly known as ZIM ( Hebrew: צים, tsim; a biblical word meaning "a fleet of ships", Numbers 24:24), is a publicly held Israeli international cargo shipping company, and one of the top 20 global carriers. [1] The company's headquarters are in Haifa, Israel; Founded in 1945, ZIM has traded on the New ...
The contested sovereignty claims over the waters may complicate future shipping through the region: the Canadian government maintains that the Northwestern Passages are part of Canadian Internal Waters, but the United States claims that they are an international strait and transit passage, allowing free and unencumbered passage.
shipindia.com. The Shipping Corporation of India ( SCI) is a public sector undertaking that operates and manages vessels servicing both national and international lines. It is under the ownership of the Government of India and under administrative control of the Ministry of Ports, Shipping and Waterways, with its headquarters in Mumbai. [5]
The Strait of Malacca is a narrow stretch of water, 500 mi (800 km) long and from 40 to 155 mi (65–250 km) wide, between the Malay Peninsula ( Peninsular Malaysia) to the northeast and the Indonesian island of Sumatra to the southwest, connecting the Andaman Sea (Indian Ocean) and the South China Sea (Pacific Ocean). [2]