Maritime transportMaritime transport (or ocean transport) or more generally waterborne transport, is the transport of people (passengers) or goods (cargo) via waterways. Freight transport by sea has been widely used throughout recorded history. The advent of aviation has diminished the importance of sea travel for passengers, though it is still popular for short trips and pleasure cruises. Transport by water is cheaper than transport by air or ground, but significantly slower for longer distances.
ContainerizationContainerization is a system of intermodal freight transport using intermodal containers (also called shipping containers, or ISO containers). Containerization, also referred as container stuffing or container loading, is the process of unitization of cargoes in exports. Containerization is the predominant form of unitization of export cargoes, as opposed to other systems such as the barge system or palletization. The containers have standardized dimensions.
Breakbulk cargoIn shipping, break-bulk, breakbulk, or break bulk cargo, also called general cargo, is goods that are stowed on board ship in individually counted units. Traditionally, the large numbers of items are recorded on distinct bills of lading that list them by different commodities. This is in contrast to cargo stowed in modern intermodal containers as well as bulk cargo, which goes directly, unpackaged and in large quantities, into a ship's hold(s), measured by volume or weight (for instance, oil or grain).
Park shipPark ships were merchant steamships constructed for Canada’s Merchant Navy during the Second World War. Park ships and Fort ships (built in Canada for operation by the British) were the Canadian equivalent of the American Liberty ships. All three shared a similar design by J.L. Thompson and Sons of Sunderland, England. Fort ships had a triple expansion steam engine and a single screw propeller. Fort ships were ships transferred to the British government and the Park ships were those employed by the Canadian government, both had the similar design.
Panama Canal expansion projectThe Panama Canal expansion project (ampliación del Canal de Panamá), also called the Third Set of Locks Project, doubled the capacity of the Panama Canal by adding a new lane of traffic allowing for a larger number of ships, and increasing the width and depth of the lanes and locks allowing larger ships to pass. The new ships, called New Panamax, are about one and a half times the previous Panamax size and can carry over twice as much cargo. The expanded canal began commercial operation on 26 June 2016.
Oil tankerAn oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets. Oil tankers are often classified by their size as well as their occupation.
Merchant navyA merchant navy or merchant marine is the fleet of merchant vessels that are registered in a specific country. On merchant vessels, seafarers of various ranks and sometimes members of are required by the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW) to carry Merchant Mariner's Documents. King George V bestowed the title of the "Merchant Navy" on the British merchant shipping fleets following their service in the First World War; since then a number of other nations have also adopted use of that title or the similar "Merchant Marine".
Suezmax"Suezmax" is a naval architecture term for the largest ship measurements capable of transiting the Suez Canal in a laden condition, and is almost exclusively used in reference to tankers. The limiting factors are beam, draft, height (because of the Suez Canal Bridge), and length (even though the canal has no locks). The current channel depth of the canal allows for a maximum of of draft, meaning that a few fully laden supertankers are too deep to fit through, and either have to unload part of their cargo to other ships ("transhipment") or to a pipeline terminal before passing through, or alternatively avoid the Suez Canal and travel around Cape Agulhas instead.
Victory shipThe Victory ship was a class of cargo ship produced in large numbers by North American shipyards during World War II to replace losses caused by German submarines. They were a more modern design compared to the earlier Liberty ship, were slightly larger and had more powerful steam turbine engines, giving higher speed to allow participation in high-speed convoys and make them more difficult targets for German U-boats. A total of 531 Victory ships were built in between 1944 and 1946.
Tramp tradeA boat or ship engaged in the tramp trade is one which does not have a fixed schedule, itinerary nor published ports of call, and trades on the spot market as opposed to freight liners. A steamship engaged in the tramp trade is sometimes called a tramp steamer; similar terms, such as tramp freighter and tramper, are also used. Chartering is done chiefly on London, New York, and Singapore shipbroking exchanges. The Baltic Exchange serves as a type of stock market index for the trade.