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Water transport, also known as maritime transport, is the transport of people or goods by water. It includes the transportation of goods and passengers by ships, boats, barges, and other watercraft. Maritime transport is an important part of the global economy, providing a critical link between countries and continents.
Maritime transport is used for a variety of purposes, including the transportation of goods, passengers, and military personnel. It is also used for recreational activities such as fishing and sailing. Maritime transport is also used for the transportation of hazardous materials, such as oil and gas.
Maritime transport is subject to a variety of regulations, including safety regulations, environmental regulations, and international trade regulations. Maritime transport is also subject to taxation, including customs duties and port fees.
Some of the major companies in the water transport market include Maersk, CMA CGM, MSC, Hapag-Lloyd, Evergreen, and COSCO. Other companies include APL, Hyundai Merchant Marine, and Yang Ming. Show Less Read more