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Dockers loading bagged cargo. FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce.
COSCO Shipping Holdings Co., Ltd., formerly China COSCO Holdings Company Limited was established in the People's Republic of China in 2005.
Chartering is an activity within the shipping industry whereby a shipowner hires out the use of their vessel to a charterer. The contract between the parties is called a charterparty (from the French "charte partie", or "parted document").
Bath Iron Works (BIW), subsidiary of General Dynamics, is a major American shipyard located on the Kennebec River in Bath, Maine. Puget Sound Naval Shipyard in Bremerton, Washington, is also owned by the U.S. Navy. It services ships and submarines from the West Coast.
Large-scale shipping lines became widespread in the nineteenth century, after the development of the steamship in 1783. At first, Great Britain was the centre of development; in 1819, the first steamship crossing of the Atlantic Ocean took place and by 1833, shipping lines had begun to operate steamships between Britain and British Empire possessions such as India and Canada. [6]
A pair of preserved carronades in King Street, Stenhousemuir A neglected carronade still on display at the former Carron Works. Gascoigne pushed forward the development of a new type of cannon, originally known as the "Gasconades" but better known by its later name, the "Carronade".
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