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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]
In 2015, IRISL had announced its plans to become one of the world's top ten shipping lines by 2020. [2] After the United States withdrew from the Iran nuclear deal, US sanctions against IRISL were reimposed on 8 June 2020. [3] On 7 January 2022, shipping knowledge base Alphaliner ranked IRISL as 14th in its Top 100 league chart of global ...
In 1914, it took over the British India Steam Navigation Company, which was then the largest British shipping line, owning 131 steamers. In 1918, it gained a controlling interest in the Orient Line, its partner in the England-Australia mail route. Further acquisitions followed and the fleet reached a peak of almost 500 ships in the mid-1920s.
The main shipping routes of the line were: Britain to India, Australia, Kenya, Tanganyika. The company ran services from India to Pakistan, Ceylon, Bay of Bengal, Singapore, Malaya, Java, Thailand, Japan, Persian Gulf, East Africa and South Africa. BI had a long history of service to the British and Indian governments through trooping and other ...
After the 2016 COSCO-China Shipping merger, COSCO SHIPPING Lines formed a new 5-year vessel-sharing contract, the Ocean Alliance, along with CMA CGM, OOCL, and Evergreen. [ 14 ] [ 15 ] On July 24, 2018, COSCO SHIPPING Lines reported a cyber attack to its operations in the United States, Canada, and South America.
MOL (Mitsui O.S.K. Lines) was launched in 1964, following the merger of Osaka Shosen Kaisha (OSK) (大阪商船株式会社, Osaka Shōsen Kabushiki-gaisha) created in 1878, and Mitsui Steamship Co., Ltd. founded in 1942, formerly known as Mitsui Line, under the Law Concerning the Reconstruction and Reorganization of the Shipping Industry.
The Ethiopian Shipping and Logistics Services Enterprise (ESLSE), known commercially as the Ethiopian Shipping Lines, is the national cargo shipping company of Ethiopia. Established in 1964, it has continued to operate despite Ethiopia having become a landlocked country in 1993; its main base is now the Port of Djibouti and Berbera in Somaliland .
As of 2021, the cruise industry was estimated to be around US$ 23.8 billion with 13.9 million passengers per year. The following is a list of the largest cruise lines with over 1,000 passengers per year and their market share by passengers and revenue as of 2021 according to Cruise Market Watch.
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