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Shipping Line
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 f ...
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Nagasaki Maru Of Nagasaki Port, Postcard
is the capital and the largest city of Nagasaki Prefecture on the island of Kyushu in Japan. It became the sole port used for trade with the Portuguese and Dutch during the 16th through 19th centuries. The Hidden Christian Sites in the Nagasaki Region have been recognized and included in the UNESCO World Heritage List. Part of Nagasaki was home to a major Imperial Japanese Navy base during the First Sino-Japanese War and Russo-Japanese War. Near the end of World War II, the American atomic bombings of Hiroshima and Nagasaki made Nagasaki the second and, to date, last city in the world to experience a nuclear attack (at 11:02 am, August 9, 1945 'Japan Standard Time (UTC+9)'). , the city has an estimated population of 407,624 and a population density of 1,004 people per km2. The total area is . History Nagasaki as a Jesuit port of call The first contact with Portuguese explorers occurred in 1543. An early visitor was Fernão Mendes Pinto, who came from Sagres on ...
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Mississippi River
The Mississippi River is the List of longest rivers of the United States (by main stem), second-longest river and chief river of the second-largest Drainage system (geomorphology), drainage system in North America, second only to the Hudson Bay drainage system. From its traditional source of Lake Itasca in northern Minnesota, it flows generally south for to the Mississippi River Delta in the Gulf of Mexico. With its many Tributary, tributaries, the Mississippi's Drainage basin, watershed drains all or parts of 32 U.S. states and two Provinces and territories of Canada, Canadian provinces between the Rocky Mountains, Rocky and Appalachian Mountains, Appalachian mountains. The Mainstem (hydrology), main stem is entirely within the United States; the total drainage basin is , of which only about one percent is in Canada. The Mississippi ranks as the List of rivers by discharge, thirteenth-largest river by discharge in the world. The river either borders or passes through the ...
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Great Britain
Great Britain is an island in the North Atlantic Ocean off the northwest coast of continental Europe. With an area of , it is the largest of the British Isles, the largest European island and the ninth-largest island in the world. It is dominated by a maritime climate with narrow temperature differences between seasons. The 60% smaller island of Ireland is to the west—these islands, along with over 1,000 smaller surrounding islands and named substantial rocks, form the British Isles archipelago. Connected to mainland Europe until 9,000 years ago by a landbridge now known as Doggerland, Great Britain has been inhabited by modern humans for around 30,000 years. In 2011, it had a population of about , making it the world's third-most-populous island after Java in Indonesia and Honshu in Japan. The term "Great Britain" is often used to refer to England, Scotland and Wales, including their component adjoining islands. Great Britain and Northern Ireland now ...
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Steamship
A steamship, often referred to as a steamer, is a type of steam-powered vessel, typically ocean-faring and seaworthy, that is propelled by one or more steam engines that typically move (turn) propellers or paddlewheels. The first steamships came into practical usage during the early 1800s; however, there were exceptions that came before. Steamships usually use the prefix designations of "PS" for ''paddle steamer'' or "SS" for ''screw steamer'' (using a propeller or screw). As paddle steamers became less common, "SS" is assumed by many to stand for "steamship". Ships powered by internal combustion engines use a prefix such as "MV" for ''motor vessel'', so it is not correct to use "SS" for most modern vessels. As steamships were less dependent on wind patterns, new trade routes opened up. The steamship has been described as a "major driver of the first wave of trade globalization (1870–1913)" and contributor to "an increase in international trade that was unprecedented in ...
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Anti-competitive Practices
Anti-competitive practices are business or government practices that prevent or reduce competition in a market. Antitrust laws differ among state and federal laws to ensure businesses do not engage in competitive practices that harm other, usually smaller, businesses or consumers. These laws are formed to promote healthy competition within a free market by limiting the abuse of monopoly power. Competition allows companies to compete in order for products and services to improve; promote innovation; and provide more choices for consumers. In order to obtain greater profits, some large enterprises take advantage of market power to hinder survival of new entrants. Anti-competitive behavior can undermine the efficiency and fairness of the market, leaving consumers with little choice to obtain a reasonable quality of service. Anti-competitive behaviour is used by business and governments to lessen competition within the markets so that monopolies and dominant firms can generate superno ...
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Globalization
Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. The term ''globalization'' first appeared in the early 20th century (supplanting an earlier French term ''mondialization''), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post-Cold War world. Its origins can be traced back to 18th and 19th centuries due to advances in transportation and communications technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, disputes and international diplomacy are also large parts of the history of globa ...
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Monterey Bay National Marine Sanctuary
The Monterey Bay National Marine Sanctuary (MBNMS) is a federally protected marine area offshore of California's Big Sur and central coast in the United States. It is the largest US national marine sanctuary and has a shoreline length of stretching from just north of the Golden Gate Bridge at San Francisco to Cambria in San Luis Obispo County. Supporting one of the world’s most diverse marine ecosystems, it is home to numerous mammals, seabirds, fishes, invertebrates and plants in a remarkably productive coastal environment. The MBNMS was established in 1992 for the purpose of resource protection, research, education, and public use. Description The Monterey Bay National Marine Sanctuary (MBNMS) is one of the largest of a system of 14 National Marine Sanctuaries administered by the National Oceanic and Atmospheric Administration (NOAA), within the U.S. Department of Commerce. It stretches from Rocky Point in Marin County, just north of the Golden Gate Bridge, to the tow ...
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National Oceanic And Atmospheric Administration
The National Oceanic and Atmospheric Administration (abbreviated as NOAA ) is an United States scientific and regulatory agency within the United States Department of Commerce that forecasts weather, monitors oceanic and atmospheric conditions, charts the seas, conducts deep sea exploration, and manages fishing and protection of marine mammals and endangered species in the U.S. exclusive economic zone. Purpose and function NOAA's specific roles include: * ''Supplying Environmental Information Products''. NOAA supplies to its customers and partners information pertaining to the state of the oceans and the atmosphere, such as weather warnings and forecasts via the National Weather Service. NOAA's information services extend as well to climate, ecosystems, and commerce. * ''Providing Environmental Stewardship Services''. NOAA is a steward of U.S. coastal and marine environments. In coordination with federal, state, local, tribal and international authorities, NOAA manages th ...
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Cruise Ship
Cruise ships are large passenger ships used mainly for vacationing. Unlike ocean liners, which are used for transport, cruise ships typically embark on round-trip voyages to various ports-of-call, where passengers may go on tours known as "shore excursions". On "cruises to nowhere" or "nowhere voyages", cruise ships make two- to three-night round trips without visiting any ports of call.Compare: Modern cruise ships tend to have less hull strength, speed, and agility compared to ocean liners. However, they have added amenities to cater to water tourists, with recent vessels being described as "balcony-laden floating condominiums". As of December 2018, there were 314 cruise ships operating worldwide, with a combined capacity of 537,000 passengers. Cruising has become a major part of the tourism industry, with an estimated market of $29.4 billion per year, and over 19 million passengers carried worldwide annually . The industry's rapid growth saw nine or more ne ...
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Contestability
In economics, the theory of contestable markets, associated primarily with its 1982 proponent William J. Baumol, held that there are markets served by a small number of firms that are nevertheless characterized by competitive equilibrium (and therefore desirable welfare outcomes) because of the existence of potential short-term entrants.Brock, 1983. p.1055. Theory A perfectly contestable market has three main features: # No entry or exit barriers # No sunk costs # Access to the same level of technology (to incumbent firms and new entrants) A perfectly contestable market is not possible in real life. Instead, the degree of contestability of a market is talked about. The more contestable a market is, the closer it will be to a perfectly contestable market. Some economists argue that determining price and output is actually dependent not on the type of market structure (whether it is a monopoly or perfectly competitive market) but on the threat of competition.Critic Capital LLC" ...
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Naval Architecture
Naval architecture, or naval engineering, is an engineering discipline incorporating elements of mechanical, electrical, electronic, software and safety engineering as applied to the engineering design process, shipbuilding, maintenance, and operation of marine vessels and structures. Naval architecture involves basic and applied research, design, development, design evaluation (classification) and calculations during all stages of the life of a marine vehicle. Preliminary design of the vessel, its detailed design, construction, trials, operation and maintenance, launching and dry-docking are the main activities involved. Ship design calculations are also required for ships being modified (by means of conversion, rebuilding, modernization, or repair). Naval architecture also involves formulation of safety regulations and damage-control rules and the approval and certification of ship designs to meet statutory and non-statutory requirements. Main subjects The word "vessel ...
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Great Lakes
The Great Lakes, also called the Great Lakes of North America, are a series of large interconnected freshwater lakes in the mid-east region of North America that connect to the Atlantic Ocean via the Saint Lawrence River. There are five lakes, which are Superior, Michigan, Huron, Erie, and Ontario and are in general on or near the Canada–United States border. Hydrologically, lakes Michigan and Huron are a single body joined at the Straits of Mackinac. The Great Lakes Waterway enables modern travel and shipping by water among the lakes. The Great Lakes are the largest group of freshwater lakes on Earth by total area and are second-largest by total volume, containing 21% of the world's surface fresh water by volume. The total surface is , and the total volume (measured at the low water datum) is , slightly less than the volume of Lake Baikal (, 22–23% of the world's surface fresh water). Because of their sea-like characteristics, such as rolling waves, sustained winds ...
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