Abstract
This is the first of three chapters that deal with ocean shipping. This chapter deals with the various types of ships that are in use by both shippers who own them and firms that own them for others to use. Chapter 5 deals with bulk carriers and charter arrangements that are used when a shipper has sufficient cargo that it can think in terms of utilizing an entire vessel. Chapter 6 deals with movements of smaller quantities, usually more valuable per unit of weight, that move on regularly scheduled liner vessels.
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