Definition
Maritime shipping, also known as sea freight or ocean freight, is the transportation of goods via ships across oceans and seas. It is one of the oldest and most cost-effective modes of transportation for bulky or heavy cargo over long distances. Maritime shipping involves various types of vessels, including container ships, bulk carriers, tankers, and roll-on/roll-off (Ro-Ro) vessels, catering to different types of cargo and trade routes.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.