A cargo ship or freighter is a merchant ship that carries cargo, goods, and materials from one port to another. Thousands of cargo carriers ply the world's seas and oceans each year, handling the bulk of international trade. Cargo ships are usually specially designed for the task, often being equipped with cranes and other mechanisms to load and unload, and come in all sizes. Today, they are almost always built of welded steel, and with some exceptions generally have a life expectancy of 25 to 30 years before being scrapped.
A merchant ship, merchant vessel, trading vessel, or merchantman is a watercraft that transports cargo or carries passengers for hire. This is in contrast to pleasure craft, which are used for personal recreation, and naval ships, which are used for military purposes.
Frontline PLC is the world's fourth largest oil tanker shipping company, based in Limassol, Cyprus and controlled by John Fredriksen. Its primary business is transporting crude oil. As of 2008 the company had one of the world's largest tanker fleets consisting of VLCC, Suezmax and Suezmax OBO carriers.
A 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.
A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo—such as grain, coal, ore, steel coils, and cement—in its cargo holds. Since the first specialized bulk carrier was built in 1852, economic forces have led to increased size and sophistication of these ships. Today's bulk carriers are specially designed to maximize capacity, safety, efficiency, and durability.
Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels.
A tanker is a ship designed to transport or store liquids or gases in bulk. Major types of tankship include the oil tanker, the chemical tanker, cargo ships, and a gas carrier. Tankers also carry commodities such as vegetable oils, molasses and wine. In the United States Navy and Military Sealift Command, a tanker used to refuel other ships is called an oiler but many other navies use the terms tanker and replenishment tanker. Tankers were first developed in the late 19th century as iron and steel hulls and pumping systems were developed. As of 2005, there were just over 4,000 tankers and supertankers 10,000 LT DWT or greater operating worldwide.
The Hellenic Merchant Navy refers to the merchant navy of Greece, engaged in commerce and transportation of goods and services universally. It consists of the merchant vessels owned by Greek civilians, flying either the Greek flag or a flag of convenience. As of 2020, Greece is the largest ship owner country in the world in terms of tonnage; with a total deadweight tonnage of 364 million tons and 4,901 Greek-owned vessels. Greece is a maritime nation by tradition, as shipping is arguably the oldest form of occupation of the Greeks and a key element of Greek economic activity since the ancient times. Today it is the second largest contributor to the national economy after tourism. The Greek fleet flies a variety of flags; however, some Greek shipowners gradually return to Greece following the changes to the legislative framework governing their operations and the improvement of infrastructure.
BW Group is a maritime company involved in shipping, floating gas infrastructure and deep-water oil & gas production. The company has over 490 vessels managed by an international team of over 12,000 staff worldwide. The group was founded by Sir Yue-Kong Pao in Hong Kong in 1955 as World-Wide Shipping. In 2003, the company acquired Bergesen d.y. ASA, Norway's largest shipping company, which was founded in 1935 by Sigval Bergesen the Younger. In 2005, the business was re-branded as BW. With its LNG and LPG fleets combined, BW Group owns and operates the world's largest gas shipping fleet of more than 200 gas vessels, including five FSRUs. Hafnia, a member of the BW Group, operates the world's largest fleet of oil product tankers, and BW Offshore comprises the second largest number of floating oil and gas production units (FPSOs). BW's controlled fleet of over 490 ships also includes crude oil supertankers and dry bulk carriers.
An LNG carrier is a tank ship designed for transporting liquefied natural gas (LNG).
Bahri, formerly known as the National Shipping Company of Saudi Arabia, is a transportation and logistics company, positioned as the national shipping carrier of Saudi Arabia.
An 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.
The history of the oil tanker is part of the evolution of the technology of oil transportation alongside the oil industry.
The Lemos family is a prominent Greek ship owning family which has been involved in shipping since the 18th century. They originated from Kardamyli in Mani as the 'Lemaki' family. During this period Turkish soldiers had violated many local villages and as a response members from the Lemaki family assassinated all of the Turkish troops stationed there. They emigrated to Chios and changed their names to Lemos during the journey to avoid detection. Having moved from Kardamyli and Langada in the Mani region they then named the areas in Chios "Kardamila" and "Lagada". From 1860 to 1914 the family owned 52 vessels.
BP Shipping is the maritime arm of British headquartered global oil company, BP. The unit covers the marine transport, logistics and insurance requirements of all BP's global activities.
Pan Ocean Co., Ltd. is a shipping company headquartered in Seoul, South Korea. It is an affiliated company of Harim Group.
The Ben Line or Ben Line Steamers, Limited was a Scottish shipping company based in Leith, Scotland founded in 1825 which was primarily involved in the Far East to Europe trade. A private company, it was largely owned by members of the Thomson family from Leith and the Thomson and Mitchell family from Alloa.
Nobu Su is the CEO and owner of the Taipei-based shipping company Today Makes Tomorrow (TMT).
John Anthony Angelicoussis was a Greek billionaire, owner of the Angelicoussis Shipping Group.
Foremost Group is a privately held American shipping company, headquartered in New York City. It operates globally, chartering vessels to companies in the dry bulk shipping industry. Its clients include Bunge, Cargill, Dreyfus (Rotterdam), MOL (Tokyo) and NYK Line (Tokyo). Foremost Group was founded in 1964 by businessman James Si-Cheng Chao and his wife Ruth Mulan Chu Chao, who each immigrated to the United States from China by way of Taiwan. Its chair and CEO from 2018 to 2024 was Angela Chao, the sixth daughter of the company's founders and the third of their children born in the United States.
