News Archives - American-Pride https://www.americanpride.org/category/news/ Water Transport Blog Thu, 27 Jun 2024 10:06:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://www.americanpride.org/wp-content/uploads/2022/03/cropped-storage-tank-32x32.png News Archives - American-Pride https://www.americanpride.org/category/news/ 32 32 Exploring the Best Travel Destinations via Water Transportation https://www.americanpride.org/exploring-the-best-travel-destinations-via-water-transportation/ Thu, 27 Jun 2024 10:06:35 +0000 https://www.americanpride.org/?p=1766 Traveling is an exhilarating experience that opens up a world of possibilities. Whether it’s exploring new cultures, indulging in local cuisines, or simply relaxing in a new environment, travel has a unique way of enriching our lives. One of the most fascinating aspects of travel is the variety of transportation methods available, each offering its own unique experience. Among these, water transportation stands out for its economic benefits and capacity to transport people and goods efficiently. This article delves into the beauty of travel through water transportation, highlighting its advantages and exploring some of the best destinations accessible by sea. […]

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Traveling is an exhilarating experience that opens up a world of possibilities. Whether it’s exploring new cultures, indulging in local cuisines, or simply relaxing in a new environment, travel has a unique way of enriching our lives. One of the most fascinating aspects of travel is the variety of transportation methods available, each offering its own unique experience. Among these, water transportation stands out for its economic benefits and capacity to transport people and goods efficiently. This article delves into the beauty of travel through water transportation, highlighting its advantages and exploring some of the best destinations accessible by sea.


The Advantages of Water Transportation


Economic Efficiency


Water transportation is often lauded for its cost-effectiveness. Unlike road or rail transport, water transport utilizes natural water basins such as seas, oceans, and large navigable rivers, significantly reducing infrastructure costs. The need for extensive construction and maintenance of roads or railways is eliminated, making water transportation a more affordable option. This economic efficiency is particularly beneficial for the transportation of bulky goods over long distances, providing a substantial cost advantage.


High Carrying Capacity


One of the standout features of water transport is its high carrying capacity. Ships and vessels can carry enormous quantities of goods and large numbers of passengers, making it an ideal choice for long-distance travel and bulk transportation. This capacity not only reduces the cost per unit of transport but also minimizes the environmental impact by decreasing the number of trips required.


Environmental Benefits


Water transportation is also considered one of the more environmentally friendly modes of transport. Ships and vessels generally emit fewer pollutants per ton of cargo compared to trucks and trains. Additionally, the use of water transport helps to reduce traffic congestion on roads and railways, further mitigating environmental degradation.


Exploring Top Travel Destinations via Water Transportation


Cruise Vacations: A Unique Travel Experience


Cruise vacations have gained immense popularity in recent years, offering travelers a luxurious and leisurely way to explore multiple destinations in a single trip. Companies like Tophotels provide a range of cruise options that cater to various preferences and budgets. From the serene waters of the Caribbean to the stunning fjords of Norway, cruises offer an unparalleled travel experience that combines the comfort of top-notch accommodations with the excitement of discovering new places.


River Cruises: Discovering Hidden Gems


River cruises are another fantastic way to explore travel destinations, particularly in regions where rivers play a significant role in the local landscape and culture. Europe, with its extensive network of rivers like the Danube, Rhine, and Seine, offers some of the most picturesque river cruises. These cruises allow travelers to immerse themselves in the history and charm of cities and towns along the riverbanks, providing a unique perspective that is often missed by traditional land-based travel.


Island Hopping: A Tropical Adventure


For those seeking a tropical adventure, island hopping is an excellent choice. The Pacific and Indian Oceans are dotted with stunning island destinations that are best explored by boat. Countries like Indonesia, the Philippines, and the Maldives offer incredible island-hopping experiences, where travelers can enjoy pristine beaches, vibrant marine life, and rich cultural heritage. Tophotels.com features numerous island destinations, ensuring travelers find the perfect getaway.


Planning Your Water Travel Adventure


Choosing the Right Itinerary


When planning a water travel adventure, selecting the right itinerary is crucial. Consider the destinations you wish to visit, the duration of your trip, and the type of experiences you seek. Whether you’re interested in a leisurely cruise, an adventurous island-hopping trip, or a cultural river cruise, Tophotels.com offers a variety of options to suit every traveler’s needs.


Packing Essentials for Water Travel


Packing for a water-based trip requires some special considerations. Ensure you bring appropriate clothing for both warm and cool weather, as temperatures can vary significantly on the water. Don’t forget essentials like sunscreen, hats, and sunglasses to protect yourself from the sun. Additionally, consider motion sickness remedies if you’re prone to seasickness.


Making the Most of Your Trip


To fully enjoy your water travel experience, take advantage of the amenities and activities offered on board. Participate in excursions and guided tours to explore each destination thoroughly. On cruises, enjoy the onboard entertainment, dining options, and relaxation facilities. Engaging with fellow travelers can also enhance your experience, providing opportunities to share stories and make new friends.


Conclusion


Water transportation offers a unique and economical way to explore the world, providing travelers with unforgettable experiences and access to some of the most beautiful destinations. Whether you’re embarking on a luxurious cruise, discovering hidden gems on a river cruise, or enjoying a tropical island-hopping adventure, the benefits of water travel are numerous. By planning carefully and choosing the right itinerary, you can ensure a memorable and enriching travel experience. Visit Tophotels to explore a wide range of water travel options and start planning your next adventure today.

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Exploring Barcelona: A Scenic Journey by Direct Ferry from Mallorca https://www.americanpride.org/exploring-barcelona-a-scenic-journey-by-direct-ferry-from-mallorca/ Thu, 29 Feb 2024 13:27:55 +0000 https://www.americanpride.org/?p=1758 I’ve always been a fan of sea travel. There’s something about the open water that’s liberating. So when I discovered the direct ferries from Mallorca to Barcelona, it was an opportunity I couldn’t pass up. The journey is not just a means to an end, it’s an adventure in itself. As the ferry departs from the beautiful island of Mallorca, you’re treated to stunning views that can only be appreciated from the sea. Travelling by ferry also offers a unique perspective of Barcelona. As you approach the city, you’ll be captivated by the stunning skyline and the iconic landmarks. It’s […]

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I’ve always been a fan of sea travel. There’s something about the open water that’s liberating. So when I discovered the direct ferries from Mallorca to Barcelona, it was an opportunity I couldn’t pass up.

The journey is not just a means to an end, it’s an adventure in itself. As the ferry departs from the beautiful island of Mallorca, you’re treated to stunning views that can only be appreciated from the sea.

Travelling by ferry also offers a unique perspective of Barcelona. As you approach the city, you’ll be captivated by the stunning skyline and the iconic landmarks. It’s a sight that’ll stay with you long after your journey ends.

Benefits of Sea Travel

Sea travel offers unparalleled, heart-stirring views and a rewarding, immersive journey that it’s hard to match. As an avid sea traveller, I’d say it’s more than mere transport; it’s an extraordinary adventure that comes with a slew of advantages.

First and foremost, the pace of sea travel fosters a sense of relaxation. There’s something indescribably soothing about the gentle undulation of waves and the rhythmic creaking of the ship. You’re swept into an unhurried rhythm – far removed from the urgency of our daily grind.

Equally important is the opportunity to connect with nature. A ferry trip brings you face-to-face with aquatic wildlife in its natural environment. Dolphins leaping in the sea spray, birds soaring in the azure sky, or perhaps a breathtaking cresting whale – encounters that you’ll remember for a lifetime.

On a practical note, sea travel – especially with the direct ferries from Mallorca to Barcelona – offers the most scenic route. As the ferry meanders across the blue expanse, it offers stunning views of Mallorca’s coastline gradually shrinking behind you and, in time, the towering silhouette of Barcelona’s skyline appearing on the horizon.

Finally, let’s talk convenience. Travelling by ferry means you can bring along your car or bicycle. No need for stressful public transport connections on either side. It’s as easy as “drive on, drive off”.

Whether you view it as a grand adventure or a time for personal reflection, a voyage at sea has a charisma all its own. I’d recommend sea travel to anyone looking for a greener, more relaxed and surprisingly affordable way to travel.

Remember, next time you’re planning a trip from Mallorca to Barcelona, don’t just travel – embark on an unforgettable sea journey.

Direct Ferries from Mallorca to Barcelona

I can’t emphasise enough the convenience offered by direct ferries from Mallorca to Barcelona. You’re in for a smooth ride across the Mediterranean, gliding effortlessly on the calm azure waters. These ferries provide a host of onboard amenities to ensure you’re comfortable and entertained throughout your voyage.

  • Onboard Amenities

These ferries come equipped with all the facilities you’d need for an unforgettable sea voyage. There’s a range of restaurants and cafes for you to sample exquisite cuisine, bars where you can enjoy a refreshing drink, and a cinema to keep you entertained. Ensuring your comfort, they also provide cosy cabins where you can rest and sleep on overnight journeys.

  • Accessibility

What could be more comfortable than travelling door-to-door with your own car? Travelling in your personal vehicle allows you to set your own pace, loading and unloading at your leisure. Direct ferries provide seamless car ferrying services, saving you the hassle of car hire or using public transport in Barcelona.

  • Travel Time

You might be wondering about the time it takes. A direct navigation between Mallorca and Barcelona is typically a 7-hour journey, certainly longer than flying. However, bear in mind the unique experiences and comfort that sea travel offers. It’s a voyage of pure relaxation where every moment is a treat for the senses.

Moreover, the cost-effectiveness of these ferries is another point worth noting. Consider the fact you won’t have to splash out on expensive airport transfers or car rentals in Barcelona. As an early bird, you could snag yourself some great deals and discounts. Overall, you’ll find that the overall costs match, if not beat, the cost of flying.

Scenic Views from the Ferry

One of the major attractions of a direct ferry from Mallorca to Barcelona is, without question, the spectacular scenic views. Being out at sea creates a unique perspective on the grandeur of the Mediterranean, quite unlike anything else.

Imagine being engulfed in nature’s beauty, the azure sea below and the expansive blue sky above me. The endless horizon separated only by the faint tinge of colour at sunrise or sunset. There’s something truly mesmerising about tasting the salty sea breeze on my lips while I watch the golden sun plunge into the ocean.

That’s a kind of experience that no airplane will offer you. As we depart from Mallorca’s bustling port, I wave back to the retreating picturesque landscapes, historic bell towers, and the mighty Tramuntana mountains. I had the best time on Mallorca in the city of Cala Millor, thanks to the tipps I found online on Cala Millor Guru. The journey on the ferry seems to slow down time, allowing us to take in Mallorca’s beauty in a way not possible from the confines of an aeroplane.

In the middle of our voyage across the Mediterranean, we often cross paths with colourful boats or vast cargo ships, adding strokes of life to the expansive canvas of the sea. Sometimes, if we’re truly lucky, we might catch sight of a playful school of dolphins racing alongside the ferry.

As we approach Barcelona, the ferry offers a breathtaking view of the city’s skyline from the sea. The distinctive shapes of Antoni Gaudi’s architectural masterpieces, like the Sagrada Familia and Park Güell, or the sprawling sandy beaches of Barceloneta, beckoning us as we advance towards our destination. It’s like watching the city come to life as we get closer.

Travelling on a direct ferry from Mallorca to Barcelona is not just about reaching the destination. It’s about enjoying the journey, relishing the scenic views, and making memories. And that’s the kind of experience I personally seek, where every moment of the voyage becomes a destination in itself.

Arrival in Barcelona

As the ferry nears the Catalonian capital, all aboard are greeted by Barcelona’s iconic skyline. The cityscape stands tall, signaling the end of our peaceful voyage across the Mediterranean, and the beginning of another adventure. A sight that’s worth a thousand pictures, but none truly do it justice – at least not like seeing it firsthand.

Literally making waves, Barcelona presents itself with a mix of both historical and contemporary architectural designs. The Sagrada Familia looms in the distance – Antoní Gaudí’s unfinished masterpiece, an awe-inspiring sight that’s served as the city’s pinnacle of tourist attraction. Basking in the glory of the Catalonia sun, this breathtaking sight stands tall amidst Barcelona’s skyline, radiating brilliance in every beam of light it catches.

The Port of Barcelona straight ahead, it’s known as one of Europe’s busiest ports – both commercially and for tourism. The port is abuzz with activity: cargo ships shifting their load, cruise liners packed with tourists, local fishermen sorting their catch, and speedboats leaving trails of frothy foam in their wake. The energy is palpable, a testament to the city’s vibrant spirit and bustling life.

While on the ferry, it’s an ideal opportunity to get an overview of Montjuïc – Barcelona’s historic hill. Framing the western edge of the city centre, it’s filled with numerous attractions like the Montjuïc castle, the Magic Fountain, and many more. You’ll find you’re already building a mental map, planning trips to these must-visit sites in the coming days.

Approaching the dock, you’ll realise this is a view very few have the privilege of experiencing. However, nothing truly prepares one for the feeling of finally stepping foot in the city – knowing all that lays ahead in discovery. The excitement permeates the air, a heady mix of anticipation and curiosity, creating moments to cherish for a lifetime.

Remember, Barcelona is not just a place on the map. It’s a story to be lived, memories to be created, and adventures to be embarked upon.

Let’s take it all in and get ready for the grand exploration of Barcelona.

Conclusion

So there you have it. Taking a direct ferry from Mallorca to Barcelona isn’t just about getting from point A to point B. It’s an experience in itself, a journey that sets the stage for the adventure that awaits in Barcelona.

As the city’s skyline comes into view, the anticipation builds. You’re not just arriving at a destination, you’re stepping into a story that’s waiting to unfold. Whether it’s your first time or you’re returning for another visit, Barcelona never fails to captivate.

Each trip, each journey, is a chance to make new memories and embark on new adventures. So why wait? Hop on a ferry and let Barcelona’s story become part of yours.

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Major shipping companies and their container ships https://www.americanpride.org/major-shipping-companies-and-their-container-ships/ Mon, 07 Aug 2023 12:57:54 +0000 https://www.americanpride.org/?p=1742 A shipping company is an organization that transports goods and passengers on ships. It can be either a public or a private company. Shipping companies provide services for the transport of goods and passengers, as well as rent and manage ships. They may also engage in ship chartering, cargo insurance, logistics and other activities related to shipping. Today we will tell you about the three largest shipping companies in the world. Maersk Line Maersk Group is a Danish shipping group that is engaged in maritime freight transport. The group was founded in 1989 and today is one of the largest […]

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A shipping company is an organization that transports goods and passengers on ships. It can be either a public or a private company. Shipping companies provide services for the transport of goods and passengers, as well as rent and manage ships. They may also engage in ship chartering, cargo insurance, logistics and other activities related to shipping. Today we will tell you about the three largest shipping companies in the world.

Maersk Line

Maersk Group is a Danish shipping group that is engaged in maritime freight transport. The group was founded in 1989 and today is one of the largest shipping companies in the world. The parent company of the group is Maersk Line, which was established in 1899.

Maersk Line has a fleet of over 600 vessels that transport a variety of cargo including containers, general cargo and other types of cargo. The company has its own ports and terminals around the world, which allows it to deliver cargo anywhere in the world.

One of the main features of Maersk Line is its flexibility and adaptability to changing market conditions. The company is constantly upgrading its fleet and infrastructure to meet customer requirements and ensure maximum transport efficiency.

In addition, Maersk Line is actively involved in social projects, such as helping poor countries develop infrastructure and improve the quality of life of the population. The company is also actively working to reduce its carbon footprint and increase environmental responsibility.

The container ship “Madrid Maersk” is one of the largest and most famous container ships in the world. It was built in 2016 at a shipyard in South Korea and is owned by Maersk Line, one of the largest sea container shipping operators.

The Madrid Maersk is 330 meters long and 53 meters wide, allowing it to carry up to 12,000 TEU (twenty-foot equivalent unit) containers. Containers are installed on board in special compartments called “container compartments”, which allow for maximum efficiency and safety in the transport of goods.

The container ship “Madrid Maersk” is equipped with modern navigation and control systems, and also has a high speed, which reduces the time of cargo delivery. In addition, it is equipped with powerful engines and an air purification system, which ensures safety and comfort for the crew and passengers.

MSC

MSC – Mediterranean Shipping Company – is one of the largest shipping companies in the world, specializing in the carriage of goods and passengers by sea. MSC was founded in 1963 and is now headquartered in Hamburg, Germany.

MSC has over 400 ships of various types and sizes, including container ships, bulk carriers, bulk carriers and cruise ships. The company operates in more than 150 ports around the world, including Europe, Asia, Africa and America.

One of the main advantages of MSC is its global network, which allows the company to deliver goods and passengers anywhere in the world. The company also pays great attention to environmental sustainability and uses innovative technologies to reduce carbon dioxide and other pollutant emissions.

In addition, MSC is actively involved in various charitable projects and programs aimed at supporting socially significant initiatives and protecting the environment.

MSC Loreto is a container ship built by Samsung Heavy Industries in South Korea in 2008.

The MSL Loreto is 399 meters long and 60 meters wide, allowing it to carry up to 9,000 twenty-foot equivalent units (TEU) containers. It is equipped with modern navigation systems and engines, as well as an air purification system to ensure safety and comfort for the crew and passengers.

The container ship MSC Loreto operates on routes between the ports of Europe and Asia, as well as North America. It is part of the MSC fleet and is used to carry a variety of cargo including containers, general cargo and bulk cargo.

Evergreen

Evergreen Marine Corporation is one of the world’s largest shipping corporations, founded in 1885 in the United States. The company’s headquarters is located in Hong Kong. Evergreen is the world’s largest container shipping operator and one of the largest cargo carriers. The company has a fleet of more than 200 ships and operates in more than 30 countries around the world. Evergreen is also the largest ship owner in China and the largest container terminal operator in Asia.

The container ship Ever Alot was built in 2017 and is one of the most modern container ships in the world.

Ever Alot is 330 meters long, 48 meters wide and 60 meters high. It can carry up to 15,000 containers on board and has a cargo capacity of over 100,000 tons.

The Ever Alot container ship is equipped with the latest technologies and systems that allow it to move containers faster and more efficiently than other ships. It also has a large cargo deck, allowing it to carry more cargo on a single flight.

In addition, Ever Alot is an environmentally friendly vessel, as it uses little fuel and does not produce a lot of emissions. This makes it one of the most promising container ships on the market.

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Navigation Systems and Applications https://www.americanpride.org/navigation-systems-and-applications/ Mon, 07 Aug 2023 12:19:08 +0000 https://www.americanpride.org/?p=1738 The ship’s navigation system is a set of devices and software that help the ship navigate in space and determine its position. It includes various sensors such as GPS, GLONASS, LAG (Laser Log), LAB (Laser Altibatometer), Echo Sounder, Sonar, etc., as well as data processing and analysis software. The ship’s navigation system allows the captain and crew of the ship to accurately determine their position, speed, heading and depth. This is especially important when navigating in difficult conditions such as fog, storms or other obstacles at sea. Navigation systems by type are divided into: The Global Positioning System (GPS) is […]

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The ship’s navigation system is a set of devices and software that help the ship navigate in space and determine its position. It includes various sensors such as GPS, GLONASS, LAG (Laser Log), LAB (Laser Altibatometer), Echo Sounder, Sonar, etc., as well as data processing and analysis software. The ship’s navigation system allows the captain and crew of the ship to accurately determine their position, speed, heading and depth. This is especially important when navigating in difficult conditions such as fog, storms or other obstacles at sea. Navigation systems by type are divided into:

The Global Positioning System (GPS) is a satellite navigation system that allows ships to determine their position and heading with high accuracy. GPS is used in many countries around the world and is one of the most common navigation systems on ships.

The Laser Positioning System (LPS) is a system based on the use of laser beams to determine the position of a ship. It is used on large ships and can be more accurate than GPS.

Radar system (RADAR) is a radar navigation system that uses radio waves to determine the distance to objects at sea. RADAR can be used to determine the speed and direction of a ship, as well as to detect other ships and obstacles at sea.

A hydroacoustic system (SAS) is a navigation system based on the use of sound waves that bounce off the seabed and other objects. SAS can be used to measure the depth of the sea, determine the direction of movement and detect other objects on the seabed.

Garmin Navigation Devices and Apps

Garmin is a company that manufactures various navigation devices and systems, including GPS navigators, echo sounders, radars, action cameras and other devices for various activities. Here are some of the popular navigation systems and apps from Garmin:

Garmin ECHOMAP ULTRA. This is a powerful fish finder with a large screen and a resolution of 800 x 480 pixels. It has many features for fishermen and sea fishing enthusiasts, including map display, track and waypoint recording, and wireless sensor support.

One of the main features of ECHOMAP ULTRA is its support for CHIRP technology, which allows you to more accurately determine the depth and structure of the bottom. It also has the ability to record videos and photos, which can be useful for capturing interesting moments while fishing or while traveling.

Garmin RIVET. Garmin RIVET is a mobile app designed to track your location and record routes on a map. The application is available for Android and iOS platforms and can be used on smartphones or tablets.

With Garmin RIVET, you can create routes, add waypoints, and save tracks. The app also supports a GPS tracking feature that allows you to track your location in real time.

In addition, the Garmin RIVET has the ability to connect to a Garmin GPS system for more accurate location information.

Garmin GPSMAP 585 Plus. The Garmin GPSMAP 585 Plus is one of the most popular and reliable marine GPS systems due to its high accuracy, large screen and many features. This system features a bright and clear 5″ screen with a resolution of 240 x 160 pixels, making it ideal for use on open decks.

In addition, the Garmin GPSMAP 585 Plus has many advanced features such as a built-in compass and barometer, making it ideal for navigating the sea. Also, this system has the ability to connect to the Internet, which allows you to receive up-to-date information about the weather and maps.

The Garmin GPSMAP 585 Plus does not support as many file formats as we would like. In some cases, one has to resort to using an online file converter such as MiConv. For example, to convert KML files. Overall, though, the Garmin GPSMAP 585 Plus is an excellent marine navigation system and one of the best options on the market.

Garmin MARINA is software designed to control boat systems. It allows you to track the location of the vessel, set up routes, control the radio station and navigation lights.

Garmin MARINA software is available for Android and iOS devices. It has a simple and intuitive interface that allows you to quickly configure all the necessary settings.

GARMIN MARINA also allows you to create routes using the GPS system, making navigation on the water more accurate and convenient. In addition, the software supports an Internet connection, which makes it possible to receive up-to-date information on weather conditions and other important data.

In addition to Garmin, we also recommend paying attention to the products of such companies as Lowrance, Raymarine, Simrad, Furuno, Furunadu. These companies also produce quality navigation systems and equipment.

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S-Corporation or LLC: Which Is Better for a Shipping Company? https://www.americanpride.org/s-corporation-or-llc-which-is-better-for-a-shipping-company/ Wed, 22 Jun 2022 14:00:23 +0000 https://www.americanpride.org/?p=1718 A cargo transportation or trucking company is a business that can grow big in the course of time. So, starting it under the umbrella of an independent legal entity is a much safe path. For this reason, many entrepreneurs-to-be choose between a limited liability company and an S-Corporation structure for their logistics venture. If it sounds like you, our quick overview will reveal this issue for you.  LLC vs S-Corp: How They Compare Both entities require state filing and are not associated with their proprietors on a legal plane.  To be more specific, an LLC stands in-between unregistered entities and […]

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A cargo transportation or trucking company is a business that can grow big in the course of time. So, starting it under the umbrella of an independent legal entity is a much safe path. For this reason, many entrepreneurs-to-be choose between a limited liability company and an S-Corporation structure for their logistics venture. If it sounds like you, our quick overview will reveal this issue for you. 

LLC vs S-Corp: How They Compare

Both entities require state filing and are not associated with their proprietors on a legal plane. 

To be more specific, an LLC stands in-between unregistered entities and corporations combining the features of both structures. As such, it offers secure protection to your individual funds and property against business commitments along with the ultimate flexibility in management and taxation. 

An S-Corp is a more complex structure, with more regulatory rules and restrictions to observe. One thing you should clearly understand is that it’s not an entity type but rather a tax status available for LLCs and corporations alike. In other words, you can’t register an S-Corp from scratch. First, you should file an LLC (you can contact any of the best online llc service) or start a C-Corporation and then, gain an S-Corp status for it from the IRS.  

S-Corp and LLC Similarities

These two types of legal entity structures have many features in common, including a few key benefits for shipping or cargo transportations companies:

  • Flexible taxes: LLCs and S-Corps are disregarded entities for tax purposes which means that they are free from paying income taxes at a business level. Enterprise revenues and losses are transferred to tax reports of its proprietors and are payable at a personal level, thus, cutting down the risk of double taxation;
  • Protective corporate veil: What gives incorporated entities an edge over unregistered ones is the liability screen they provide to the enterprise owners. As a separate entity, your company will be in charge of any business-related debts, sues, lawsuits, and financial problems. You’ll have no personal responsibility for that and your own assets can’t be seized to settle the enterprise liabilities. To further enhance this liability veil, take care of splitting your own and company funds by opening a dedicated checking account for your venture;
  • Simple filing rules: Similar to other disregarded entities, LLCs and S-Corporations enjoy very simple compliance rules. They just need to file state and tax reports once a year;
  • More open to fundraising: Business loans, operational credit lines, factoring programs, and other additional financing resources will be all at your disposal. Besides, engaging partners won’t be a problem as well since legal entities look more reliable for investors and creditors;
  • Strong market image: Named after their owners, unregistered entities usually lack the credibility and brand power of companies. Operating under the structure of a separate entity, your enterprise will get more trust and appreciation from customers, vendors, and suppliers. Your company will have more chances to build a professional image and gain a solid reputation on the market. 

S-Corp and LLC Differences

As similar as they might seem, LLCs and S-Corps are not the same. They have quite a number of differences in the main aspects that clearly sets them apart:

  • Membership structure: LLCs are open to an unlimited number of members and accept individuals and legal entities from the US and from abroad as their co-owners. S-Corps, on the other hand, are restricted by only 100 stockholders. Non-US residents, corporations, trusts, banks, and other legal persons are not allowed. Besides, the issue of the shares is limited by a single class of stock;
  • Management system: LLCs are either owner-managed or manager-managed entities, with no bureaucracy in the management structure. By way of contrast, S-Corps have a strict and complex management hierarchy, and stockholders don’t operate the business on a daily basis;
  • Formalities to observe: Unlike LLCs, S-Corps have multiple formalities they need to stick to. Stock issue and regular stakeholder and managing board meetings are to name a few;
  • Profit distribution: Corporate profits and losses are allocated proportionally to the stakeholders’ interests in the company’s equity. Meanwhile, LLC owners can divide the profits as they want irrespective of their equity shares;
  • Tax nuances: LLC members are self-employed persons, so their incomes are subject to self-employment levies accordingly. S-Corp owners could be employed in the company, which brings certain tax benefits. You’ll be free from self-employment and payroll taxes and will be able to reduce taxable income and dividend charges.       

Is an LLC Good for a Shipping Company? 

An LLC framework has a lot to offer to many types of businesses including logistic companies. LLCs allow you to start small and grow big without changing the company structure. You’ll get a chance to separate your own and your enterprise assets from the very beginning and obtain a much-sought liability shield without saddling yourself with too many formalities and statutory restrictions. 

Is an S-Corp Good for a Cargo Transportation Company?

An S Corporation structure is a more appropriate choice for complex and bigger ventures than for smaller private companies. If you have ambitious plans, seek quick venture growth, and still want beneficial tax opportunities, an S-Corp is worth your attention. You’ll be able to easily engage side investors by issuing and selling stock, and taxation options offer a number of benefits to corporate owners. 

Take Professional Advice

Whatever your intuition tells you, getting expert advice will never go amiss. There is a whole bunch of nuances and details that are beyond your radar, and a competent advisor will reveal them to you through the lens of your own company perspectives. 

Summary

LLCs and Subchapter S Corporations have a lot in common as well as they have their own pluses and minuses. If you hesitate about which is a better option for your shipping firm, you can’t go wrong by starting it as an LLC and switching to an S-Corp if you outgrow the LLC capabilities.

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Sweden to launch the world’s first zero-emission catamaran https://www.americanpride.org/sweden-to-launch-the-worlds-first-zero-emission-catamaran/ Wed, 16 Jun 2021 15:25:48 +0000 http://bk-ninja.com/rubik/?p=35 Hydrogen solutions are increasingly being introduced in order to reduce CO2 emissions.

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Hydrogen solutions are increasingly being introduced in order to reduce CO2 emissions. Thus, Sweden is developing the world’s first high-speed carbon-free catamaran Beluga24.

The project is the result of a partnership between the Swedish companies Green City Ferries AB, Echandia, New Zealand’s Teknicraft and Italy’s Studio Sculli.

About the ship

  • Built from carbon fiber by Green City Ferries;
  • Equipped with an integrated system with battery and Echandia fuel cell propulsion for greater energy efficiency;
  • Designed for 150 passengers;
  • Scheduled to begin delivery in 2022.

Other similar developments include the electric ship Candela (Sweden), the hydrogen steamer Sea Change (USA) and the ship MF Hydra (Norway).

 

 

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Shipwreck off Madagascar: 17 victims and more than 60 missing https://www.americanpride.org/shipwreck-off-madagascar-17-victims-and-more-than-60-missing/ Fri, 04 Jun 2021 15:27:09 +0000 http://bk-ninja.com/rubik/?p=24 A shipwreck off Madagascar

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The Francia freighter sank off the coast of Madagascar. There were illegal passengers on board. There were at least 17 victims of the incident.

The tragedy happened near the northeastern coast of Madagascar. This edition reports with reference to the Agency of Sea and River Ports.

The cargo ship Francia left the town of Antanambe in the eastern region of Mananara-Nord and was heading toward the port of Suanyerana-Ivongo. There were 130 illegal passengers aboard the ship.

The ship sank off the coast of Madagascar. It was probably caused by damage to the ship’s hull.

As a result, at least 17 people died and 45 were rescued. In addition, 68 people are missing. The rescue operation is now continuing.

Jean Edmond Randrianantenana, director general of the Sea and River Ports Agency, noted that the ship was registered as a cargo ship. Therefore, it had no right to carry passengers. Moreover, Antanambe is not an official port.

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Tanker ran aground in the Suez Canal: traffic had to be stopped https://www.americanpride.org/tanker-ran-aground-in-the-suez-canal-traffic-had-to-be-stopped/ Mon, 15 Mar 2021 15:21:03 +0000 http://bk-ninja.com/rubik/?p=48 A Panama-flagged tanker ran aground in the Suez Canal.

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A Panama-flagged tanker ran aground in the Suez Canal. Because of this, the movement of water artery from north to south had to be temporarily stopped.

The tanker ran aground at 54th kilometer while the ship convoy was moving from Port Said in the direction of Suez. The canal’s management promptly organized work to remedy the situation.

How the problem was solved

The canal authority stated that it took 15 minutes to free the tanker and allow other ships to resume their journey.

It was a minor traffic problem that was resolved in less than an hour,
– a Suez Canal official said.

According to local media, the tanker is 225 meters long and 32 meters wide. It was carrying 43,000 tons of cargo.
Synopsis. The Suez Canal connects the Mediterranean Sea with the Red Sea, providing the shortest sea connection between Asia and Europe. Its length is approximately 193 kilometers. It passes through three natural lakes.

Jam in the Suez Canal in March

  • A huge cargo ship was stuck in the Suez Canal on March 23. The container ship Ever Green (400 meters long and 59 meters wide) blocked the traffic.
  • This created a large queue of other ships which were unable to pass through the canal. The crew were not injured during the incident.
  • It was not until March 29 that traffic was restored through the Suez Canal. For this purpose, a specialized operation for elimination of consequences – SMIT Salvage Papendrecht – was deployed.

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