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Tramp Freighter
A boat or ship engaged in the tramp trade is one which does not have a fixed schedule, itinerary nor published ports of call, and trades on the spot market as opposed to freight liners. A steamship engaged in the tramp trade is sometimes called a tramp steamer; similar terms, such as tramp freighter and tramper, are also used. Chartering is done chiefly on London, New York, and Singapore shipbroking exchanges. The Baltic Exchange serves as a type of stock market index for the trade. The term tramper is derived from the British meaning of "tramp", as being an itinerant beggar or vagrant. In this context, it was first documented in the 1880s, along with "ocean tramp" (at the time many sailing vessels engaged in irregular trade as well). History The tramp trade first took off in Britain around the mid-19th century. The dependability and timeliness of steam ships was found to be more cost-effective than sail. Coal was needed for ships' boilers, and the demand created a business ...
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London Woolwich Tramp Steamer Geograph-3080372-by-Ben-Brooksbank
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ...
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Second World War
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ...
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Black Market
A black market is a Secrecy, clandestine Market (economics), market or series of transactions that has some aspect of illegality, or is not compliant with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution are prohibited or restricted by law, non-compliance with the rule constitutes a black-market trade since the transaction itself is illegal. Such transactions include the illegal drug trade, prostitution (where prohibited), illegal currency transactions, and human trafficking. Participants try to hide their illegal behavior from the government or regulatory authority. Cash is the preferred medium of exchange in illegal transactions, since cash transactions are less easily traced. Common motives for operating in black markets are to trade contraband, avoid taxes and regulations, or evade price controls or rationing. Typically, the totality of such activity is referred to with the definite article, e.g., "''the' ...
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Picaresque Novel
The picaresque novel ( Spanish: ''picaresca'', from ''pícaro'', for ' rogue' or 'rascal') is a genre of prose fiction. It depicts the adventures of a roguish but appealing hero, usually of low social class, who lives by his wits in a corrupt society. Picaresque novels typically adopt the form of "an episodic prose narrative" with a realistic style. There are often some elements of comedy and satire. The picaresque genre began with the Spanish novel '' Lazarillo de Tormes'' (1554), which was published anonymously during the Spanish Golden Age because of its anticlerical content. Literary works from Imperial Rome published during the 1st–2nd century AD, such as '' Satyricon'' by Petronius and ''The Golden Ass'' by Apuleius had a relevant influence on the picaresque genre and are considered predecessors. Other notable early Spanish contributors to the genre included Mateo Alemán's '' Guzmán de Alfarache'' (1599–1604) and Francisco de Quevedo's '' El Buscón'' (16 ...
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Pulp Magazine
Pulp magazines (also referred to as "the pulps") were inexpensive fiction magazines that were published from 1896 until around 1955. The term "pulp" derives from the Pulp (paper), wood pulp paper on which the magazines were printed, due to their cheap nature. In contrast, magazines printed on higher-quality paper were called "glossies" or "slicks". The typical pulp magazine had 128 pages; it was wide by high, and thick, with ragged, untrimmed edges. Pulps were the successors to the penny dreadfuls, dime novels, and short-fiction magazines of the 19th century. Although many respected writers wrote for pulps, the magazines were best known for their lurid, exploitation fiction, exploitative, and sensational subject matter, even though this was but a small part of what existed in the pulps. Digest magazines and men's adventure magazines were incorrectly regarded as pulps, though they have different editorial and production standards and are instead replacements. Modern superhero Su ...
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Dampskibsselskabet Torm
TORM based in Copenhagen, Denmark, is a shipping company that owns and operates product tankers. The company's product tankers carry refined oil products such as gasoline, jet fuel, naphtha and diesel oil. History Torm was founded by Ditlev Torm and Christian Schmiegelow in 1889. The company was listed on the Copenhagen Stock Exchange in 1905. Today, TORM is listed on Nasdaq Copenhagen and NASDAQ in New York. Operations The company was formerly composed of tanker and bulk carrier divisions with product tanker activity accounting for the majority of the business. The last two bulk carriers were divested in 2015. TORM is one of the leading tanker carriers of clean oil products such as gasoline, jet fuel, naphtha and diesel oil Diesel fuel, also called diesel oil, heavy oil (historically) or simply diesel, is any liquid fuel specifically designed for use in a diesel engine, a type of internal combustion engine in which fuel ignition takes place without a spark as a re ...
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D/S Norden
Dampskibsselskabet Norden A/S (commonly abbreviated D/S Norden or NORDEN) is a Danish shipping company operating in the dry cargo and tanker segment worldwide. The company headquarters are located in Copenhagen, Denmark and the company is listed on the Copenhagen Stock Exchange. History Early years D/S Norden is one of Denmark's oldest shipping companies, founded in 1871 by Mads Christian Holm. It was named after its first vessel, a Glasgow-built steamship. The company is composed of a dry cargo and a tanker division. Merger with D/S Orient In the years after World War II, D/S Norden entered into an operational collaboration with D/S Orient. In 1946 Orient began to buy shares. The acquisitions continued until Orient in 1955 was granted the status of majority shareholder in D/S Norden. The majority shareholder of D/S Orient was another shipping company, A/S Motortramp, founded on 15 July 1925 by Orient's vice-chairman Arnold Eugen Reimann. In 1962, Orient's director Aage ...
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Mitsui OSK Lines
Mitsui O.S.K. Lines (; abbreviated MOL) is a Japanese transport company headquartered in Toranomon, Minato, Tokyo, Japan. It is one of the largest shipping companies in the world. Founded as a key part of the Mitsui ''zaibatsu'' (family-owned conglomerate) during the early industrialization of Japan, the company remains part of the Mitsui ''keiretsu'' (group of aligned companies) after the dissolution of the zaibatsu in the post-war period. MOL fleet includes dry cargo ships (bulk carriers), liquefied natural gas carriers, Ro-Ro Car Carrier ships, oil tankers, container ships (among which mv MOL Triumph is the 4th largest containership in the world), and container terminals. The company's container shipping operations were merged with those of NYK Line and K Line and rebranded as Ocean Network Express in April 2018, with MOL holding a 31% stake in the joint venture. MOL is also active in passenger shipping. operates cruise ships such as the and MS Mitsui Ocean Fuji, wit ...
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Containerization
Containerization is a system of intermodal freight transport using intermodal containers (also called shipping containers, or International Organization for Standardization, ISO containers). Containerization, also referred as container stuffing or container loading, is the process of unitization of cargoes in exports. Containerization is the predominant form of unitization of export cargoes today, as opposed to other systems such as the barge system or palletization. The containers have Standardization, standardized dimensions. They can be loaded and unloaded, stacked, transported efficiently over long distances, and transferred from one mode of transport to another—container ships, rail transport flatcars, and semi-trailer trucks—without being opened. The handling system is mechanized so that all handling is done with cranes and special forklift trucks. All containers are numbered and tracked using computerized systems. Containerization originated several centuries ago ...
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Broker
A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal. Definition A broker is an independent party whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate broker who facilitates the sale of a property. Brokers can furnish market research and market data. Brokers may represent either the seller or the buyer but generally not both at the same time. Brokers are expected to have the tools and resources to reach the largest possible base of buyers and sellers. They then screen these potential buyers or sellers f ...
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Tanker (ship)
A tanker (or tank ship or tankship) is a ship designed to transport or store liquids or gases in Bulk liquids, bulk. Major types of tanker ship include the oil tanker (or petroleum tanker), the chemical tanker, Cargo ship, cargo ships, and a gas carrier. Tankers also carry commodities such as vegetable oils, molasses and wine. In the United States Navy and Military Sealift Command, a tanker used to refuel other ships is called an oiler (ship), oiler (or replenishment oiler if it can also supply dry stores) but many other navies use the terms tanker and replenishment tanker. Tankers were first developed in the late 19th century as iron and steel hulls and pumping systems were developed. As of 2005, there were just over 4,000 tankers and supertankers or greater operating worldwide. Description Tankers can range in size of capacity from several hundred tonnage, tons, which includes vessels for servicing small harbours and coastal settlements, to several hundred thousand tons, f ...
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Bulk Carrier
A bulk carrier or bulker is a merchant ship specially naval architecture, designed to transport unpackaged bulk cargo—such as Grain trade, grain, coal, ore, steel coils, and cement—in its cargo holds. Since the first specialized bulk carrier was built in 1852, economic forces have led to increased size and sophistication of these ships. Today's bulk carriers are specially designed to maximize capacity, safety, efficiency, and durability. Today, bulk carriers make up 21 percent of the world's merchant fleets, and they range in size from single-hold mini-bulk carriers to mammoth ore ships able to carry 400,000 deadweight tonnage, metric tons of deadweight (DWT). A number of specialized designs exist: some can unload their own cargo, some depend on port facilities for unloading, and some even package the cargo as it is loaded. Over half of all bulk carriers have Greek, Japanese, or Chinese owners, and more than a quarter are registered in Panama. South Korea is the largest ...
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