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NAICS Code 483211-08 Description (8-Digit)

Shipping-Overseas is a subdivision of the Inland Water Freight Transportation industry that involves the transportation of goods and cargo across international waters. This industry is responsible for the movement of a wide range of products, including raw materials, finished goods, and consumer products. Shipping-Overseas is a crucial component of global trade, enabling businesses to reach new markets and customers around the world.

Hierarchy Navigation for NAICS Code 483211-08

Tools

Tools commonly used in the Shipping-Overseas industry for day-to-day tasks and operations.

  • Container ships
  • Cargo planes
  • Freight forwarders
  • Cranes
  • Forklifts
  • Shipping containers
  • Pallet jacks
  • Cargo ships
  • Tugboats
  • Shipping software

Industry Examples of Shipping-Overseas

Common products and services typical of NAICS Code 483211-08, illustrating the main business activities and contributions to the market.

  • Automobile parts
  • Electronics
  • Clothing and textiles
  • Food and beverages
  • Chemicals
  • Machinery
  • Pharmaceuticals
  • Furniture
  • Building materials
  • Medical equipment

Certifications, Compliance and Licenses for NAICS Code 483211-08 - Shipping-Overseas

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Transportation Worker Identification Credential (TWIC): A security clearance issued by the Transportation Security Administration (TSA) that allows access to secure areas of maritime facilities. This credential is required for all maritime workers, including those in the Shipping-Overseas industry.
  • International Maritime Dangerous Goods (IMDG) Code: A set of regulations that govern the transportation of dangerous goods by sea. This code is required for all shipments of dangerous goods, including those in the Shipping-Overseas industry.
  • International Ship and Port Facility Security (ISPS) Code: A set of regulations that govern the security of ships and port facilities. This code is required for all ships and port facilities, including those in the Shipping-Overseas industry.
  • International Convention for the Prevention Of Pollution from Ships (MARPOL): A set of regulations that govern the prevention of pollution from ships. This convention is required for all ships, including those in the Shipping-Overseas industry.
  • International Convention on Standards Of Training, Certification and Watchkeeping for Seafarers (STCW): A set of regulations that govern the training and certification of seafarers. This convention is required for all seafarers, including those in the Shipping-Overseas industry.

History

A concise historical narrative of NAICS Code 483211-08 covering global milestones and recent developments within the United States.

  • The Shipping-Overseas industry has a long and rich history dating back to ancient times when seafaring was the primary mode of transportation for goods and people. The Phoenicians, Greeks, and Romans were among the first to establish maritime trade routes, which allowed them to expand their empires and increase their wealth. In the 15th century, the Age of Exploration led to the discovery of new lands and the opening of new trade routes, which further boosted the industry. The Industrial Revolution in the 18th and 19th centuries brought about significant advancements in shipbuilding, navigation, and communication, which made overseas shipping faster, safer, and more efficient. In recent history, the Shipping-Overseas industry has faced challenges such as piracy, geopolitical tensions, and environmental concerns, but it continues to play a vital role in global trade and commerce. In the United States, the Shipping-Overseas industry has a more recent history, dating back to the 19th century when American merchants began trading with Europe and Asia. The establishment of the Panama Canal in 1914 and the development of containerization in the 1950s and 1960s revolutionized the industry, making it more cost-effective and reliable. The deregulation of the industry in the 1980s and 1990s led to increased competition and consolidation, with larger companies dominating the market. Today, the Shipping-Overseas industry in the United States faces challenges such as rising fuel costs, changing trade policies, and the impact of the COVID-19 pandemic, but it remains a critical component of the global economy.

Future Outlook for Shipping-Overseas

The anticipated future trajectory of the NAICS 483211-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Shipping-Overseas industry in the USA is positive. The industry is expected to grow due to the increasing demand for goods and services across borders. The growth of e-commerce and globalization is also expected to contribute to the growth of the industry. However, the industry is also facing challenges such as rising fuel costs, increasing competition, and changing regulations. To remain competitive, companies in the industry are expected to invest in new technologies, improve their supply chain management, and expand their global reach. Overall, the industry is expected to continue to grow in the coming years, driven by the increasing demand for goods and services across borders.

Industry Innovations for NAICS Code 483211-08

Recent groundbreaking advancements and milestones in the Shipping-Overseas industry, reflecting notable innovations that have reshaped its landscape.

  • Digitalization Of Shipping Documents: Shipping-Overseas companies are increasingly adopting digital technologies to streamline their operations. One recent innovation is the digitalization of shipping documents, which allows companies to reduce paperwork, improve efficiency, and reduce errors.
  • Use Of Blockchain Technology: Another recent innovation in the Shipping-Overseas industry is the use of blockchain technology. This technology allows companies to track shipments in real-time, reduce fraud, and improve transparency.
  • Adoption Of Autonomous Ships: Some companies in the Shipping-Overseas industry are also exploring the use of autonomous ships. These ships can operate without a crew, reducing costs and improving safety.
  • Use Of Big Data Analytics: Shipping-Overseas companies are also using big data analytics to improve their operations. This technology allows companies to analyze large amounts of data to identify trends, optimize routes, and improve efficiency.
  • Expansion Into Emerging Markets: Finally, many companies in the Shipping-Overseas industry are expanding into emerging markets such as Asia and Africa. This allows them to tap into new sources of demand and diversify their revenue streams.

NAICS Code 483211-08 - Shipping-Overseas

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