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Shipping’s ability to offer economic and efficient long distance transport puts it at the centre of the world economy.
Shipping is the least environmentally damaging form of commercial transport and, compared with land based industry, is a comparatively minor contributor to pollution from human activities.
Graph and Table to show the tonnage of dead weight for various countries
Shipping and World Trade Facts: Top Containership Operators | The international shipping industry is responsible for the carriage of around 90% of world trade.
Graph of the Predicted increase in world Seaborne trade. GDP and population
Link to UNCTAD review of Maritime Transport 2019
The following are the major international shipping conventions, adopted by the International Maritime Organization (and the International Labour Organization) concerning safety and pollution prevention.
Relatively few ships actually sink at sea. The vast majority of the following "losses" simply refer to ships which are damaged and "written off" by the hull insurers as being beyond economical repair - described by underwriters as "total constructive losses".