How to Run a Shipping Business Efficiently and Effectively
Every year huge amounts of goods are transported around the world. Majority of these goods that people use or consume are being transported in ships through the vast blue ocean. There is a list of shipping companies in India currently operating and transporting goods throughout the world. Marine transport is the backbone of global trade and the lifeline of the global economy. From toys to foods, and from clothing to electronics, every good in the world needs to be transported from producers to consumers. And ships transport the majority of them. It accounts for more than 80 percent of world trade by volume and over 70 percent of world trade by value. The amount of marine trade doubled from the period between 1990 and 2020. In 2020 the volume of marine trade was estimated to be around 11 billion tons. An estimated value of the shipping industry is said to be more than 1.5 trillion US Dollar and is expected to grow more than 2 trillion US Dollar in the next few years. For all...