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A business involved in marine transportation is known as a shipping corporation. Typically, shipowners are either active in inland river transport or ocean transport. It's noteworthy to note that some shipping companies operate with ship charters in addition to their own fleet of vessels.
A shipping company's major focus is on a ship's construction and upkeep. The shipowner is also in charge of the crew members and pays their salaries. The shipping firm does not have to handle all of the ship management-related activities; these can be delegated to contract shipowners instead.
Chartering is another conceivable activity for shipping companies in Sri Lanka, however it often comes more within the purview of a shipbroker. A shipping firm and a ship owner must be distinguished from one another since the latter is always the owner of a ship.
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