Shipping Line is a company that owns or operates vessels used for transporting goods across sea routes.
How It Works:
- The exporter books cargo with a shipping line.
- The shipping line schedules transportation.
- Goods are loaded onto the vessel.
- Shipment is transported to the destination port.
Benefits:
- Provides essential infrastructure for global trade movement
- Enables reliable and scheduled transportation of goods
- Offers economies of scale for bulk cargo shipments
- Supports international supply chain connectivity
Example:
An exporter books cargo space with a shipping line to transport goods overseas.