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A factory ship, also known as a fish processing vessel, is a large ocean-going vessel with extensive on-board facilities for processing and freezing caught fish or whales. Modern factory ships are automated and enlarged versions of the earlier whalers , and their use for fishing has grown dramatically.
Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services.
During the territorial and economic expansion of the Age of Discovery, the factory was adapted by the Portuguese and spread throughout from West Africa to Southeast Asia. [3] The Portuguese feitorias were mostly fortified trading posts settled in coastal areas, built to centralize and thus dominate the local trade of products with the ...
Cruise ships later filled the void and are primarily used by people who still have a love of the sea and offer more amenities than the older passenger ships. Refrigerated ships (usually called reefers) are cargo ships typically used to transport perishable commodities which require temperature-controlled transportation, mostly fruits , meat ...
These ships used two types of sail of their invention, the junk sail and tanja sail. Large ships are about 50–60 metres (164–197 ft) long, had 5.2–7.8 metres (17–26 ft) tall freeboard, [35] each carrying provisions enough for a year, [36]: 464 and could carry 200–1000 people. The Chinese recorded that these Southeast Asian ships were ...
In political philosophy, the means of production refers to the generally necessary assets and resources that enable a society to engage in production. [1] While the exact resources encompassed in the term may vary, it is widely agreed to include the classical factors of production (land, labour, and capital) as well as the general infrastructure and capital goods necessary to reproduce stable ...
This factory was in Malmö, Sweden. Burj al Arab as a symbol for the hospitality industry An image of the motor industry (automotive industry), a supplier to the transport industry. Economists may regard the manufacture of vehicles as a foundational industry and as a bellwether industry. [1]
In the sale and purchase market, second-hand ships are traded between shipowners. The administrative procedures used are roughly the same as in the real-estate business, using a standard contract. Trading ships is an important source of revenue for shipowners, as the prices are very volatile.