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NAICS Code 561599-07 Description (8-Digit)

Steamship Agencies are companies that provide services related to the transportation of goods and passengers by sea. These agencies act as intermediaries between the ship owners and the cargo owners or passengers. They are responsible for arranging the shipment of goods or the travel of passengers, as well as providing various other services related to the shipping industry. Steamship Agencies play a crucial role in facilitating international trade and commerce by ensuring the safe and efficient transportation of goods and people across the world's oceans.

Hierarchy Navigation for NAICS Code 561599-07

Tools

Tools commonly used in the Steamship Agencies industry for day-to-day tasks and operations.

  • Cargo tracking software
  • Port management software
  • Shipping documentation software
  • Vessel scheduling software
  • Freight forwarding software
  • Customs clearance software
  • Container tracking software
  • Marine insurance software
  • Electronic data interchange (EDI) systems
  • Global positioning system (GPS) technology

Industry Examples of Steamship Agencies

Common products and services typical of NAICS Code 561599-07, illustrating the main business activities and contributions to the market.

  • Freight forwarding
  • Cargo transportation
  • Shipping logistics
  • Marine insurance
  • Customs brokerage
  • Port management
  • Container leasing
  • Vessel chartering
  • Stevedoring
  • Marine surveying

Certifications, Compliance and Licenses for NAICS Code 561599-07 - Steamship Agencies

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

  • Federal Maritime Commission (FMC) License: Steamship agencies are required to obtain a license from the FMC to operate in the US. The FMC regulates ocean-borne transportation in the US and ensures that steamship agencies comply with federal laws and regulations.
  • Transportation Worker Identification Credential (TWIC): Steamship agencies are required to obtain a TWIC card for their employees who need access to secure areas of ports and vessels. The TWIC program is run by the Transportation Security Administration (TSA) and ensures that only authorized personnel have access to sensitive areas.
  • Customs-Trade Partnership Against Terrorism (C-TPAT) Certification: Steamship agencies can obtain C-TPAT certification to demonstrate their commitment to supply chain security. The program is run by US Customs and Border Protection (CBP) and provides benefits such as reduced inspections and expedited processing.
  • International Ship and Port Facility Security (ISPS) Code Compliance: Steamship agencies must comply with the ISPS Code, which is an international standard for ship and port security. The code is designed to enhance the security of ships and port facilities and prevent acts of terrorism.
  • International Maritime Dangerous Goods (IMDG) Code Compliance: Steamship agencies must comply with the IMDG Code, which is an international standard for the safe transportation of dangerous goods by sea. The code provides guidelines for the classification, packaging, marking, labeling, and documentation of dangerous goods.

History

A concise historical narrative of NAICS Code 561599-07 covering global milestones and recent developments within the United States.

  • Steamship Agencies have been around since the 19th century when steamships were first introduced. The industry was initially focused on the transportation of goods and mail, but it quickly expanded to include passenger transportation as well. In the early 20th century, steamship agencies played a crucial role in the mass migration of people from Europe to the United States. The industry continued to grow and evolve throughout the 20th century, with the introduction of new technologies such as containerization and the rise of global trade. In recent years, the industry has faced challenges such as increased competition from other modes of transportation and the impact of the COVID-19 pandemic. In the United States, the steamship agency industry has a long history dating back to the early 1800s. The industry played a significant role in the growth of the US economy, facilitating trade and commerce between the US and other countries. In the mid-20th century, the industry faced challenges such as the decline of the US shipping industry and increased competition from other modes of transportation. However, the industry has continued to adapt and evolve, with a focus on providing value-added services such as logistics and supply chain management. Today, the industry is facing new challenges such as the impact of the COVID-19 pandemic and the ongoing trade tensions between the US and other countries. Despite these challenges, the steamship agency industry remains an important part of the US economy.

Future Outlook for Steamship Agencies

The anticipated future trajectory of the NAICS 561599-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for Steamship Agencies in the USA is positive. The industry is expected to grow due to the increasing demand for cruise travel and the expansion of the global shipping industry. The industry is also expected to benefit from the growth of e-commerce, which will increase the demand for shipping services. However, the industry may face challenges due to the increasing competition from online travel agencies and the rising fuel costs. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 561599-07

Recent groundbreaking advancements and milestones in the Steamship Agencies industry, reflecting notable innovations that have reshaped its landscape.

  • Digitalization Of Booking and Payment Systems: Steamship Agencies have started to adopt digital booking and payment systems, which have made the booking process more efficient and convenient for customers.
  • Use Of Big Data Analytics: Steamship Agencies are using big data analytics to analyze customer data and provide personalized services to customers.
  • Implementation Of Green Initiatives: Steamship Agencies are implementing green initiatives to reduce their carbon footprint and promote sustainable shipping practices.
  • Expansion Of Services: Steamship Agencies are expanding their services to include logistics and supply chain management, which has increased their revenue streams.
  • Use Of Blockchain Technology: Steamship Agencies are exploring the use of blockchain technology to improve the transparency and security of their transactions.

NAICS Code 561599-07 - Steamship Agencies

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