The global shipping industry transports goods all over the world, connecting commerce and businesses across continents. In today’s fast-paced world, the speed and capacity of ships have increased. Transporting goods through seaborne vessels has become one of the cheapest means of transporting goods, on the basis of- From machinery and equipment to foodstuff and vehicles, ships are modified to handle various types of goods. Crude oil, fuel gases such as LNG and CNG, minerals, and ores require their own types of vesselst that are specially constructed to cope up with the challenges that these volatile goods possess. The danger of transporting cargo through non-optimized means i.e., vessels not built to handle that articular cargo, includes volatile behaviour, fire, spoilage of foods, bacterial and fungal growths etc. Thus, care must be taken when hiring or leasing vessels for transportation to ensure that the appropriate type of vessel is chosen.

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