Some amazing Facts about the Shipping Industry

May 20, 2021   air freight quote china to australia , air freight rates from china to australia , air freight rates from china to uk , cargo from China , cargo from china to uk

How do the world's products get from one location to another? What is shipping from china to Australia cost? Despite the fact that the maritime industry is one of the world's oldest, the modern economy would not survive without shipping containers. This confirms that it is indeed one of the most important sectors in the world. The following are nine fascinating facts about the global shipping industry.

1. Shipping is Lucrative

The shipping industry is colossal in scale. Though it's difficult to get precise figures because of reporting requirements and fluctuating currency rates.

2. Contact Problems Impact Ship Crews

About two-thirds of ship crews around the world are unable to communicate while at sea. Furthermore, only 10% of the population has access to the internet.

3. Shipping is Reasonably Priced

In reality, it is still one of the most cost-effective modes of freight transportation.

4. A container ship travels over great distances

The typical container ship travels the equivalent of 75% of the way to the moon and back in a single year on its everyday voyage across the oceans. A big container ship orbits the size of the moon and back about ten times in its lifetime.

5. The Shipping Process is Safe

The best mode of commercial transportation is still shipping. The International Maritime Organization (IMO) and the International Labor Organization (ILO) oversee shipping safety (ILO).

6. There are six different types of ships in the world merchant fleet

About every country in the world owns and operates cargo ships. The Greek merchant fleet is currently the largest in the world, accounting for over 16 percent of global tonnage.