NAICS Code 483111-01 - Deep Sea-Foreign Transport Of Freight

Marketing Level - NAICS 8-Digit

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NAICS Code 483111-01 Description (8-Digit)

The Deep Sea-Foreign Transport Of Freight industry involves the transportation of goods and cargo via deep sea vessels between countries. This industry is responsible for the movement of a significant portion of the world's international trade. The transportation of goods can be done through various types of vessels, including container ships, bulk carriers, and tankers. The industry is highly regulated due to the potential environmental impact of shipping and the need to ensure the safety of crew and cargo.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 483111 page

Tools

Tools commonly used in the Deep Sea-Foreign Transport Of Freight industry for day-to-day tasks and operations.

  • Container cranes
  • Cargo handling equipment
  • GPS navigation systems
  • Marine communication systems
  • Cargo securing equipment
  • Marine engines
  • Ballast water treatment systems
  • Marine fuel management systems
  • Marine propulsion systems
  • Marine safety equipment

Industry Examples of Deep Sea-Foreign Transport Of Freight

Common products and services typical of NAICS Code 483111-01, illustrating the main business activities and contributions to the market.

  • Container shipping
  • Dry bulk shipping
  • Liquid bulk shipping
  • Roll-on/roll-off shipping
  • Refrigerated shipping
  • Cruise shipping
  • Ferry services
  • Offshore support vessels
  • Oil and gas exploration vessels
  • Research vessels

History

A concise historical narrative of NAICS Code 483111-01 covering global milestones and recent developments within the United States.

  • The Deep Sea-Foreign Transport Of Freight industry has a long and rich history dating back to the early days of seafaring. The first recorded instance of deep-sea shipping dates back to the 3rd millennium BC when the ancient Egyptians used boats to transport goods along the Nile River. Over the centuries, advancements in shipbuilding and navigation technology have allowed for the transportation of goods across the world's oceans. In the 19th century, the advent of steam-powered ships revolutionized the industry, making it possible to transport goods faster and more efficiently. In recent history, the industry has faced challenges such as the global financial crisis of 2008 and the COVID-19 pandemic, which have impacted global trade and caused disruptions in supply chains. Despite these challenges, the industry has continued to adapt and innovate, with the development of new technologies such as autonomous ships and blockchain-based supply chain management systems. In the United States, the Deep Sea-Foreign Transport Of Freight industry has played a vital role in the country's economy since its inception. The industry has been instrumental in facilitating international trade and has helped to establish the United States as a global economic power. In the early days of the industry, American ships dominated the seas, with the country's merchant fleet accounting for a significant portion of the world's shipping capacity. However, in recent years, the industry has faced increased competition from other countries, particularly China, which has emerged as a major player in the global shipping industry. Despite this competition, the industry in the United States has continued to grow, with companies investing in new technologies and expanding their operations to meet the demands of a rapidly changing global economy.