New York, NY -- (SBWIRE) -- 11/24/2014 -- Containers are used to transport objects from one place to another. Container shipping is different from conventional shipping due to uses of various standard sizes - 20 foot (6.09 m), 40 foot (12.18 m), 45 foot (13.7 m), 48 foot (14.6 m) and 53 foot (16.15 m) - to load, transport and unload goods or objects. As a result, containers can be moved by trains, ships and trucks. Most commonly and important container sizes are 20-foot and 40-foot lengths. The 20-foot container referred to as a Twenty-foot Equivalent Unit (TEU) and the 40-foot length container known as the Forty-foot Equivalent Unit (FEU).

Containers are generally made up of aluminum and steel. Each container size and type built is based on International Organization for Standardization (ISO) specifications and guidelines.

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Shipping containers are off various types. The most important type of container is dry cargo. Dry cargo container often referred as special containers. These special containers include open side, open end, open top, half-height, flat rack, refrigerated, liquid bulk and modular. These containers are built as a same exterior lengths and widths as the standard dry cargo containers.

In addition, open tops containers are used for easy loading of cargo such as odd sized good and machinery. Flat racks are used for vehicles, boats, machinery and industrial equipment. Open side containers are used for vegetables such as onions and potatoes. Tank containers are used to transport liquids such as chemicals, wine and vegetable oil.

Every container has its own unique unit number, often known as box number. Box number are used by crews, ship captains, coastguards, customs officers, dock supervisors and warehouse managers to identify the owner of the container and who is using the container to ship goods and even track the container's whereabouts anywhere in the world.

The container sizes need to be standardized so that the containers can be most efficiently stacked. It transport one on top of the other in trains, ships, trucks and cranes at the ports can be specially fitted or built to a single size specification. Container size standardization is carried out by the ISO whose primary work is to set standard sizes for all containers.

The most important step in container shipping is proper loading of containers in trucks, ships and trains. Several government associations, such as the World Shipping Council (WSC), together with the International Chamber of Shipping (ICS), published Transport of Containers by Sea - Industry Guidance for Shippers and Container Stuffers. It provides specific guidelines to shipping companies to transport containers in safe and efficient way.

In terms of geographic, North America dominates the global container shipping market. This is due to improved transportation services in the region. The U.S. represents the largest market for container shipping followed by Canada in North America. In Europe, Germany, the U.K., Spain, Italy and France holds major share of container shipping market. However, Asia is expected to show high growth rates in the next five years in global container shipping market. This is due to many companies constructing their manufacturing facilities in the region. This rising number of manufacturing units has significant rise in the demand of containers to transports goods from one place to another. In addition, improving transportation services is also supporting in the growth of container shipping market in the region. Japan, China and India are expected to be the fastest growing container shipping markets in Asia.

In recent time, increasing demand of transportation services is key driver of the global container shipping market. Rising number of factories and manufacturing units has fueled to growth of global container shipping market. In addition, several government associations is also supporting in the growth of global container shipping market by providing specific guidelines to shipping companies.

However, high shipping freight rate obstructs the growth of global container shipping market.

Some of the major companies operating in the global container shipping market are China Shipping Container Lines, HANJIN, China Ocean Shipping Company, HAPAG-LLOYD, Mediterranean Shipping Company and MAERSK.

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