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What is Air vs. Ocean Transport Overview about?

Air and ocean transport are major modes of transporting goods globally. Ocean transport accounts for around 95% of global trade by volume, with container ships being a key development that increased cargo capacity. Ocean transport faces constraints like high costs and limited cargo capacity for some goods. Ships are classified by type of cargo like dry bulk carriers, tankers, and combination carriers. Regulations and safety measures are important for ship operations given risks.

Author

Manali Takkar

Language

EN