FastShip, Inc.
FastShip, Inc. was a company that proposed a new seaborne intermodal cargo service in the 1990s and filed for bankruptcy reorganization in 2012. FastShip's predecessor company, Thornycroft, Giles & Co. was awarded several patents for designs of fast, monohull ships in the early 1990s. FastShip Atlantic, Inc. was incorporated in 1992 to commercialize Thornycroft, Giles' design. FastShip, Inc. was incorporated in Delaware in October 1997, and in the same month, founder David L. Giles described an improved logistics process in ''Scientific American''. FastShip Atlantic, Inc. specifically proposed to cross the Atlantic Ocean in less than 95 hours, compared with 160 hours on conventional container ships, and to load and unload intermodal containers in less than six hours on each end, compared to conventional times of 48 hours. In all, the company proposed to cut terminal-to-terminal times from 256 hours to 107 hours. The transit time would be seven days between major industrial cent ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Philadelphia
Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Since 1854, the city has been coextensive with Philadelphia County, the most populous county in Pennsylvania and the urban core of the Delaware Valley, the nation's seventh-largest and one of world's largest metropolitan regions, with 6.245 million residents . The city's population at the 2020 census was 1,603,797, and over 56 million people live within of Philadelphia. Philadelphia was founded in 1682 by William Penn, an English Quaker. The city served as capital of the Pennsylvania Colony during the British colonial era and went on to play a historic and vital role as the central meeting place for the nation's founding fathers whose plans and actions in Philadelphia ultimately inspired the American Revolution and the nation's inde ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ship Transportation
Maritime transport (or ocean transport) and hydraulic effluvial 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, despite fluctuating exchange rates and a fee placed on top of freighting charges for carrier companies known as the currency adjustment factor. Maritime transport accounts for roughly 80% of international trade, according to UNCTAD in 2020. Maritime transport can be realized over any distance by boat, ship, sailboat or barge, over oceans and lakes, through canals or along rivers. Shipping may be for commerce, recreation, or military purposes. While extensive inland shipping is less critical today, the major water ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Containerization
Containerization is a system of intermodal freight transport using intermodal containers (also called shipping containers and ISO containers). Containerization is also referred as "Container Stuffing" or "Container Loading", which 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. They can be loaded and unloaded, stacked, transported efficiently over long distances, and transferred from one mode of transport to another—container ships, rail transport flatcars, and semi-trailer trucks—without being opened. The handling system is completely mechanized so that all handling is done with cranes and special forklift trucks. All containers are numbered and tracked using computerized systems. Containerization originated several centuries ago but was not well developed or widely applied unti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bankruptcy In The United States
In the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact "uniform Laws on the subject of Bankruptcies throughout the United States". Congress has exercised this authority several times since 1801, including through adoption of the Bankruptcy Reform Act of 1978, as amended, codified in Title 11 of the United States Code and the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). Some laws relevant to bankruptcy are found in other parts of the United States Code. For example, bankruptcy crimes are found in Title 18 of the United States Code (Crimes). Tax implications of bankruptcy are found in Title 26 of the United States Code ( Internal Revenue Code), and the creation and jurisdiction of bankruptcy courts are found in Title 28 of the United States Code (Judiciary and Judicial procedure). Bankrupt ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Monohull
image:monohull.svg, right A monohull is a type of boat having only one hull (watercraft), hull, unlike multihulled boats which can have two or more individual hulls connected to one another. Fundamental concept Among the earliest hulls were simple logs, but these were generally unstable and tended to roll over easily. Hollowing out the logs into a dugout canoe doesn't help much unless the hollow section penetrates below the log's center of buoyancy, then a load carried low in the cavity actually stabilizes the craft. Adding weight or Sailing ballast, ballast to the bottom of the hull or as low as possible within the hull adds stability. Naval architects place the center of gravity substantially below the center of buoyancy; in most cases this can only be achieved by adding weight or ballast. The use of stones and other weights as ballast can be traced back to the Ancient Rome, Romans, Phoenicians and Vikings. Modern ships carry tons of ballast in order to maintain their stabil ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Atlantic Ocean
The Atlantic Ocean is the second-largest of the world's five oceans, with an area of about . It covers approximately 20% of Earth's surface and about 29% of its water surface area. It is known to separate the " Old World" of Africa, Europe and Asia from the "New World" of the Americas in the European perception of the World. The Atlantic Ocean occupies an elongated, S-shaped basin extending longitudinally between Europe and Africa to the east, and North and South America to the west. As one component of the interconnected World Ocean, it is connected in the north to the Arctic Ocean, to the Pacific Ocean in the southwest, the Indian Ocean in the southeast, and the Southern Ocean in the south (other definitions describe the Atlantic as extending southward to Antarctica). The Atlantic Ocean is divided in two parts, by the Equatorial Counter Current, with the North(ern) Atlantic Ocean and the South(ern) Atlantic Ocean split at about 8°N. Scientific explorations of the A ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Container Ships
A container ship (also called boxship or spelled containership) is a cargo ship that carries all of its load in truck-size intermodal containers, in a technique called containerization. Container ships are a common means of commercial intermodal freight transport and now carry most seagoing non-bulk cargo. Container ship capacity is measured in twenty-foot equivalent units (TEU). Typical loads are a mix of 20-foot (1-TEU) and 40-foot (2-TEU) ISO-standard containers, with the latter predominant. Today, about 90% of non-bulk cargo worldwide is transported by container ships, and the largest modern container ships can carry up to 24,000 TEU (e.g., '' Ever Ace''). Container ships now rival crude oil tankers and bulk carriers as the largest commercial seaborne vessels. History There are two main types of dry cargo: bulk cargo and break bulk cargo. Bulk cargoes, like grain or coal, are transported unpackaged in the hull of the ship, generally in large volume. Break-bulk car ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Intermodal Containers
An intermodal container, often called a shipping container, is a large standardized shipping container, designed and built for intermodal freight transport, meaning these containers can be used across different modes of transport – from ship to rail to truck – without unloading and reloading their cargo. Intermodal containers are primarily used to store and transport materials and products efficiently and securely in the global containerized intermodal freight transport system, but smaller numbers are in regional use as well. These containers are known under a number of names. Based on size alone, up to 95% of intermodal containers comply with ISO standards, and can officially be called ISO containers. Many other names are simply: container, cargo or freight container, shipping, sea or ocean container, container van or sea van, sea can or C can, or MILVAN, SEAVAN, or RO/RO. The also used term CONEX (Box) is technically incorrect carry-over usage of the name of an important pr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Western Europe
Western Europe is the western region of Europe. The region's countries and territories vary depending on context. The concept of "the West" appeared in Europe in juxtaposition to "the East" and originally applied to the ancient Mediterranean world, the Roman Empire (Western Roman Empire and Eastern Roman Empire), and medieval "Christendom" (Western Christianity and Eastern Christianity). Beginning with the Renaissance and the Age of Discovery, roughly from the 15th century, the concept of ''Europe'' as "the West" slowly became distinguished from and eventually replaced the dominant use of "Christendom" as the preferred endonym within the region. By the Age of Enlightenment and the Industrial Revolution, the concepts of "Eastern Europe" and "Western Europe" were more regularly used. Historical divisions Classical antiquity and medieval origins Prior to the Roman conquest, a large part of Western Europe had adopted the newly developed La Tène culture. As the Roman domain ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Port Of Philadelphia
The Port of Philadelphia is located on the Delaware River in Philadelphia in the U.S. state of Pennsylvania. Generally the term applies to the publicly owned marine terminals located within Philadelphia city limits along west bank of the river. These terminals are managed by the Philadelphia Regional Port Authority, PhilaPort, an agency of the Commonwealth of Pennsylvania. The term is sometimes used for Delaware River port complex to collectively refer to the ports and energy facilities along the river in the tri-state PA- NJ- DE Delaware Valley region. They include the Port of Salem, the Port of Wilmington, the Port of Chester, the Port of Paulsboro, the Port of Philadelphia and the Port of Camden. Combined they create one of the largest shipping areas of the United States. In 2016, 2,427 ships arrived at Delaware River port facilities: Fruit ships were counted at 577, petroleum at 474, and containerized cargo at 431. ''PhilaPort'' (The Philadelphia Regional Port Authority) ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cherbourg
Cherbourg (; , , ), nrf, Chèrbourg, ) is a former commune and subprefecture located at the northern end of the Cotentin peninsula in the northwestern French department of Manche. It was merged into the commune of Cherbourg-Octeville on 28 February 2000,Décret 23 February 2000 which was merged into the new commune of Cherbourg-en-Cotentin on 1 January 2016. Cherbourg is protected by Cherbourg Harbour, between and [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |