Search results
Results from the WOW.Com Content Network
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. [1] In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [ 2 ]
The term "free on board", or "f.o.b." was used historically in relation to the transfer of risk from seller to buyer as goods are shipped. [1] There appears to have been an assumption that property and risk would pass from the seller to the buyer at the same time.
Large-scale shipping lines became widespread in the nineteenth century, after the development of the steamship in 1783. At first, Great Britain was the centre of development; in 1819, the first steamship crossing of the Atlantic Ocean took place and by 1833, shipping lines had begun to operate steamships between Britain and British Empire possessions such as India and Canada. [6]
A Terminal Operating System, or TOS, is a key part of a supply chain and primarily aims to control the movement and storage of various types of cargo in and around a port or marine terminal.
It refers to material in either liquid or granular, particulate form, as a mass of relatively small solids, such as petroleum/crude oil, grain, coal, or gravel. This cargo is usually dropped or poured, with a spout or shovel bucket, into a bulk carrier ship's hold , railroad car / railway wagon , or tanker truck / trailer / semi-trailer body.
OOCL was founded by C. Y. Tung in 1947 as the Orient Overseas Line. In 1969, OOCL was the first Asian -based shipping line to transport containerized cargo across the Pacific. Consequently, the company was renamed Orient Overseas Container Line. In those days its Victory-class vessels could carry 300 TEU, a far cry from today's post-Panamax ...
On 1 January 1987 the name OCL ceased to exist, the operation becoming known as P&O Containers Ltd (P&OCL). In 1996 P&O Containers merged with Nedlloyd to form P&O Nedlloyd. August 2005 saw the completion of a buyout of P&O Nedlloyd by the A.P. Moller-Maersk Group and in February 2006 the name Maersk Line was adopted for the combined fleets.
In 1898, the sons of Dr. Howell Tyson Lykes started a shipping business on the Gulf Coast of Florida. [1] They used a 109-foot, 75 ton three-masted schooner to ship cattle to Cuba as a replacement for herds which were wiped out in the Spanish–American War.