TMT (Today Makes Tomorrow)
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TMT (Today Makes Tomorrow)
Today Makes Tomorrow (TMT) is a Taiwanese shipping company that in 2008 directly owned some 60 ships, with many more on order, including dry bulk, crude, cargo, LNG, automobile, and cement carriers. History Taiwan Maritime Transport Co. TMT Co. Ltd was founded as the Taiwan Maritime Transport Co. Ltd in 1958. The company began by operating in the banana export business. The company’s first boat was named ''Taiwan Banana'' in Chinese. It expanded over the years into different sectors and, at one point, had 10% of the world's wood chip carrier capacity. Change of ownership Mr Nobu Su is TMT’s current owner and CEO. He took over after his father, Ching Wun Su, who founded the company, died in 2002. Over the years that followed TMT expanded rapidly, with ten new dry bulk carriers, roll-on roll-off ships for automobile freight, crude petroleum supertankers, very large bulk carriers (VLBC) and a Liquefied Natural Gas (LNG) carrier. At one point, the company operated more t ...
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Shipping Company
A shipping line or shipping company is a company whose line of business is ownership and operation of ships. Shipping companies provide a method of distinguishing ships by different kinds of cargo: # Bulk cargo is a type of special cargo that is delivered and handled in large quantities. # General cargo, now known as break-bulk cargo, refers to a wide assortment of goods that may be delivered to several ports around the world. # Oil became a crucial part of the shipping industry in the early 20th century. Its use varied from lubrication for developed machinery, burning in boilers and industrial plants, as well as for operating engines. Oil is also primarily shipped by specific shipping companies as opposed to other forms of transportation. This is considered a type of special cargo. The shipping of oil has become a debated issue due to the environmental impacts of both oil spills and oil tankers. # Passenger cargo is the business of transporting people on shipping lines for ...
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Dry Bulk Cargo Barge
A dry bulk cargo barge is a barge designed to carry freight such as coal, finished steel or its ingredients, grain, sand or gravel, or similar materials. Barges are usually constructed of steel. They have an outer hull, an internal void that is fitted with heavy struts and cross braces or scantlings, and an internal cargo box. The outer hull of a barge can come in one of two configurations. A rake barge has a curved bow to provide less resistance when being pushed and is usually placed at the head of the tow. A box barge is usually placed in the center and rear of the tow and can hold more cargo. Such barges can be equipped with covers of various types if the cargo is weather-sensitive (finished steel or grain). Generally, these covers are fabricated of fiberglass or steel. They can be lifted or rolled away for access to the barge hold, or cargo box. In 2004, the dry bulk cargo barge fleet on the Mississippi River System (Mississippi, Gulf Intracoastal Waterway east a ...
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Automobile
A car or automobile is a motor vehicle with Wheel, wheels. Most definitions of ''cars'' say that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, people instead of cargo, goods. The year 1886 is regarded as the birth year of the car, when German inventor Carl Benz patented his Benz Patent-Motorwagen. Cars became widely available during the 20th century. One of the first cars affordable by the masses was the 1908 Ford Model T, Model T, an American car manufactured by the Ford Motor Company. Cars were rapidly adopted in the US, where they replaced Draft animal, animal-drawn carriages and carts. In Europe and other parts of the world, demand for automobiles did not increase until after World War II. The car is considered an essential part of the Developed country, developed economy. Cars have controls for driving, parking, passenger comfort, and a variety of lights. Over the decades, a ...
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Chinese Language
Chinese (, especially when referring to written Chinese) is a group of languages spoken natively by the ethnic Han Chinese majority and many minority ethnic groups in Greater China. About 1.3 billion people (or approximately 16% of the world's population) speak a variety of Chinese as their first language. Chinese languages form the Sinitic branch of the Sino-Tibetan languages family. The spoken varieties of Chinese are usually considered by native speakers to be variants of a single language. However, their lack of mutual intelligibility means they are sometimes considered separate languages in a family. Investigation of the historical relationships among the varieties of Chinese is ongoing. Currently, most classifications posit 7 to 13 main regional groups based on phonetic developments from Middle Chinese, of which the most spoken by far is Mandarin (with about 800 million speakers, or 66%), followed by Min (75 million, e.g. Southern Min), Wu (74 million, e.g. Shangh ...
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Nobu Su
Nobu Su () is the CEO and owner of the Taipei-based shipping company Today Makes Tomorrow (TMT). Education He graduated with a BSC in economics from Keio University in Tokyo, Japan and earned an MBA from the International Institute for Management Development (IMD) in 1982. Entrepreneurship Su has also designed an underdeck piping structure for ships, which he patented in Japan, Korea and China, which he has allowed shipping companies to use without license. Su’s underdeck piping system for ships is currently in commercial use. On 19 April 2011, Su was given the Lifetime Achievement for Entrepreneurship award at the international ShipTek conference. Shipping business Su has turned TMT, his company, into an operator of real tankers and dry bulk ships. Under his direction TMT has expanded its fleet to include drybulk carriers, very large crude carriers, cargo carriers, liquefied natural gas Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with s ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Forward Freight Agreement
A forward freight agreement (FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates. FFAs are built on an index composed of a shipping route for tanker or a basket of routes for dry bulk, contracts are traded ‘over the counter’ on a principal-to-principal basis and can be cleared through a clearing house. Freight futures contracts settle over the average price of spot freight during the corresponding month. Given freight is intangible, there is no physical delivery. Rather, the contracts settle in cash against the arithmetic average price of spot freight published by the Baltic Exchange. The Baltic Exchange, on a daily basis, publishes a number of freight assessments for various shipping routes reflecting the prevailing level of shipping rates. Such assessments for the corresponding vessel classes are u ...
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Supertanker
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk cargo, bulk transport of petroleum, oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined petroleum, crude oil from its point of extraction to oil refinery, 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. The size classes range from inland or coastal tankers of a few thousand metric tons of deadweight tonnage, deadweight (DWT) to the mammoth ultra large crude carriers (ULCCs) of . Tankers move approximately of oil every year.UNCTAD 2006, p. 4. Second only to pipeline transport, pipelines in terms of efficiency,Huber, 2001: 211. the average cost of transport of crude oil by tanker amounts to only US. Some specialized types of oil tankers have ...
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List Of Companies Of Taiwan
Taiwan maintains a stable industrial economy as a result of economic growth and industrialization during the late 20th century, being dubbed as one of the Four Asian Tigers along with Hong Kong, Singapore and South Korea. It is a member of both the World Trade Organization and the Asia-Pacific Economic Cooperation. The 21st-largest economy in the world, its high-tech industry plays a key role in the global economy. Largest firms This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2019. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. ...
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Shipping Companies Of Taiwan
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. Modes of shipment In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Grounds Land or "ground" shipping can be made by train or by truck (British English: lorry). In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production facility nea ...
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Transport Companies Established In 1958
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may inclu ...
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Taiwanese Brands
Taiwanese may refer to: * Taiwanese language, another name for Taiwanese Hokkien * Something from or related to Taiwan (Formosa) * Taiwanese aborigines, the indigenous people of Taiwan * Han Taiwanese, the Han people of Taiwan * Taiwanese people, residents of Taiwan or people of Taiwanese descent * Taiwanese language (other) * Taiwanese culture * Taiwanese cuisine * Taiwanese identity Taiwanese people may be generally considered the people of Taiwan who share a common culture, ancestry and speak Taiwanese Mandarin, Hokkien, Hakka or indigenous Taiwanese languages as a mother tongue. Taiwanese people may also refer to the i ... See also * {{disambiguation Language and nationality disambiguation pages ...
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