IntroductionMuch of our modern information on the shipping economy is primarily based on historical events in the world economy. As the world becomes increasingly globalized and interconnected, shipping faces challenges and benefits from greater business opportunities. Shipping is primarily the primary means of transporting parts and finished products worldwide. Because shipping is a very old industry, with a history of continuous, sometimes gradual change and sometimes disaster, we see time and time again that shipping and commerce recede from the economy, then magically reappear in new journeys, no other industry has played such a role. central role in economic travel over thousands of years. The airline industry is the closest counterpart to shipping and has barely 60 years of economic history. It plays a fundamental role in the economic and commercial development of countries. Essentially, economic development, trade and transportation reinforce each other. Ocean liner shipping is a regular service on established shipping routes between countries or areas. Liners mainly transport manufactured goods of relatively high value. Although ocean liners account for less than 53% of total cargo, they account for more than 93% of U.S. cargo. (http://www.wto.org) A striking feature of the shipping sector for foreigners is the different character of companies in different sectors of the industry. Liner companies and bulk shipping companies are in the same industry, but they don't seem to have much else in common. There are several different business groups involved in the transport chain, some directly and others indirectly. Direct actors are the owners of goods, often the p...... middle of paper ......b/osterlin/docDetail.action?docID=105471752. Board, Geoffrey. “Sailing with John Woolman: the millennium and maritime commerce.” Early American Studies 7.1 (2009): 46+. Academic OneFile. Internet. March 22, 20143. Seattle Economic Development Council and King, C. (11). Study finds $30 billion economic impact of maritime industry in Washington state. Business Wire (English4. Rupert L. Marronage, Manumission and Maritime Trade in the Early Modern Caribbean. Slavery & Abolition [online series]. September 2009;30(3):361-382. Available from: Academic Search Elite, Ipswich , MA . Accessed March 22, 20145. http://marinepedia.blogspot.com/2009/10/shipping-market-model.html6 -shipping industry/7. logistics by Yuen Ha (Venus) Lun, Kee Hung Lai and Tai Chiu Edwin Cheng (April 7, 2010)8.