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DISCOVER

Maritime Businesses

Maritime Businesses

Background to Maritime Business

The maritime industry is not just a collection of shipowners and container ship lines.

While ships and seafarers are central to the operations of maritime trade, there are hundreds of different maritime businesses that all play a crucial role in keeping the industry running smoothly and effectively. Whether it’s fishing, map-making, chartering a sailboat, transporting passengers or shipping goods, any business that utilises the sea is in the maritime industry.

Professionals who supply maritime services are also part of the sector. They include merchants, educators, lawmakers, and prospectors.

As ships become more advanced and international relationships more complex, the need for newer, updated maritime businesses has increased. Because of the intricate nature of the maritime industry and global economy, these businesses are increasingly becoming more interconnected.

 

An Example of a Maritime Business Supply Chain: Building a Ship

From the moment a buyer places a shipbuilding order, all the parties involved become part of the supply chain and the maritime trade industry. Including:

  • Naval architects
  • The shipbuilders and boatyards
  • The suppliers and manufacturers of raw materials
  • The inspectors and regulatory agencies
  • The array of business operations
  • Legal and insurance services
  • Logistics and consultants
  • Plus many more interrelated businesses