25 Mind Blowing Facts About The Shipping Industry

Posted by , Updated on August 6, 2017

For an industry that basically runs the world economy most people know very little about the enormous complex that touches almost every single thing you use. From the chair you are sitting on to the yogurt you’re eating to the steering wheel in you car, all those things were made possible thanks to an industry that has been operating since man learned to float. Recently a great book came out titled Ninety Percent of Everything by Rose George that talked about these 25 mind blowing facts about the shipping industry.

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10

20 Million

20 Million

As of this moment there are roughly 20 million containers crossing the world.

9

A lot of power

A lot of power

A container ship engine has about 1,000 times more power than a family car.

8

Average cost of shipping

Average cost of shipping

To give you an example of how much it costs to ship something, a bicycle would be roughly 10 dollars while a soda can would be less than a penny.

7

Huge source of revenue

Huge source of revenue

Economically speaking, the shipping industry is enormous. In the United Kingdom, it accounts for more of the GDP than restaurants, takeaway food, and civil engineering combined.

6

90 Percent

90 Percent

Shipping is so big in fact that it constitutes roughly 90 percent of the world’s trade.

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