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A layman's guide to the shipping industry

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All at sea: Ships remain loaded with 90 per cent of the world's transported goods, and there would be no world trade or commerce without ships. - PHOTO: BLOOMBERG

THERE would be no world trade or commerce without ships. Ships of various stripes and uses have been around for thousands of years. Even shipping's faster cousin - air transport - has been unable to usurp sea transport as the largest carrier of cargo; ships remain loaded with 90 per cent of the

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