Shipping Industry

Container Ship
A container ship is a type of vessel specifically designed for the transportation of cargo packed into large, standardized containers. It revolutionizes the shipping industry by allowing for efficient and flexible movement of goods.
Stevedore
A stevedore is a company or individual responsible for unloading and loading cargo from ships, ensuring smooth and efficient movement of goods at ports. The terms 'longshoreman' and 'docker' are often used interchangeably with stevedore.
Tonnage Tax
Tonnage tax is a method of calculating the corporation tax liability of a ship-owning company, allowing taxes to be based on the net registered tonnage of its shipping fleet instead of the actual profit or loss made.
Tramp
A tramp ship or boat is a maritime vessel that does not follow a regular schedule or itinerary; instead, it travels wherever freight shipments take it.

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