Questions and Answers
What percentage of cross-border world trade is accounted for by maritime transportation by volume?
90%
Why is maritime transportation the most energy efficient mode?
Due to the nature of water transportation and its economies of scale
What limits the speed of maritime transportation?
Weather and navigable bodies of water
What is the primary advantage of maritime transportation for moving large volumes of goods?
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What has increased the efficiency of maritime transportation?
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How are freight rates for bulk shipping typically set?
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What percentage of all energy consumed by transportation activities is used by marine transportation?
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Which aspect has not contributed to increasing the efficiency of marine global trade?
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What is a common method of moving many shipments through marine transportation?
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What has increased the importance of marine global trade?
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What makes marine transportation the slowest mode of transport?
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