market segmented?

By the type of cargo transported, the international shipping 

market can be sub-divided into dry bulk transport, tanker 

transport, container transport, and special ship transport 

markets. Dry bulk carriers are used to transport iron ore, 

grain, coal, cement, and the like. Tankers mainly carry 

crude oil, refined oil, natural gas, liquid chemicals, and 

other liquid bulk cargoes. Container ships carry virtually 

all types of cargo-or “general cargo”-except those 

mentioned above, but principally industrial, mechanical, 

and electronic products. Special-purpose ships, including 

reefer ships and cars, large equipment and lumber 

carriers, are used to transport goods of irregular shapes 

or excessive weight or needing special equipment. The 

dry bulk, tanker, and container shipping markets are the 

three pillars of the international shipping market.

By the type of transport arrangements, the international 

shipping market can be classified into tramp shipping 

market and liner shipping market. Dry bulk transport and 

tanker transport are generally tramp services; container 

transport is generally liner services.

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