It operates on a natural track, i.e., the sea and does not require any investment in the construction and maintenance of its track. There are three types of vessels employed in the overseas shipping: (i) Liners, (ii) Tramps, (iii) Tankers.(i) Liners: Liners are the ships which have regular fixed routes, time and charges.Sometimes the river changes its course which causes dislocation in the normal route of the trade.Tags: Introduction To College EssayStructures Of Expository EssaysTemplates Business PlanGeography Case Study LayoutComparison And Contrast Essays ExamplesHow To Write A News Paper ReportWebsites With EssaysThe Abstract Of A Research Paper
It has played a very significant role in bringing different parts of the world closer and is indispensable to foreign trade.
Water transport consists of: (i) Inland water transport (ii) Ocean-transport As shown in the chart, inland water transport consists of transport by rivers, canals and lakes.
Water transport is the cheapest and the oldest mode of transport.
It operates on a natural track and hence does not require huge capital investment in the construction and maintenance of its track except in case of canals.
They are, usually, a collection of vessels under one ownership, i.e., a fleet. Liners sail on scheduled dates and time, whether full of cargo or not.
(ii) Tramps: Tramps are ships which have no fixed routes. Usually, they do not sail till they have full cargo.The cost of operation of water transport is also very less.It has the largest carrying capacity and is most suitable for carrying bulky goods over long distances.Ocean transport is indispensable for foreign trade. Overseas Shipping It is one of the most important means of transport for carrying goods from one part to another in a country. Earlier, coastal shipping in India was mainly in the hands of foreign shipping companies.It has brought the different parts of the world closer and has knitted together all the nations of the world into one big world market. It is a cheaper and quicker mode of transport and is most suitable for carrying heavy, bulky and cheap traffic like coal, iron ore, etc. But now from 1951 onwards, it is exclusively reserved for Indian ships.Even the cost of construction and maintenance of canals is much less or they are used, not only for transport purposes but also for irrigation, etc.Moreover, the cost of operation of the inland water transport is very low.Rivers and canals cannot be operated for transportation throughout the year as water may freeze during winter or water level may go very much down during summer.The inland water transport by rivers is unreliable.Thus, it is the cheapest mode of transport for carrying goods from one place to another.It can carry much larger quantities of heavy and bulky goods such as coal, and, timber etc.