Maritime Transportation History 20th Century Sov. Sheet of 6 Stamps MNH
Maritime transport is the transport of people (passengers) or goods (cargo) by water. Freight transport has been achieved widely by sea throughout recorded history. Although the importance of sea travel for passengers has decreased due to aviation, it is effective for short trips and pleasure cruises. Transport by water is cheaper than transport by air, despite fluctuating exchange rates and a fee placed on top of freighting charges for carrier companies known as the Currency Adjustment Factor (CAF).
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