Sea
Trade

Maritime trade has existed for millennia. The Ptolemaic dynasty had developed trade with India using the Red Sea ports, and in the first millennium BC, the Arabs, Phoenicians, Israelites and Indians traded in luxury goods such as spices, gold, and precious stones. The Phoenicians were noted sea traders and under the Greeks and Romans, commerce continued to thrive. With the collapse of the Roman Empire, European trade dwindled but it continued to flourish among the kingdoms of Africa, the Middle East, India, China and southeastern Asia. From the 16th to the 19th centuries, over a period of 400 years, about 12–13 million Africans were shipped across the Atlantic to be sold as slaves in the Americas as part of the Atlantic slave trade.

Large quantities of goods are transported by sea, especially across the Atlantic and around the Pacific Rim. A major trade route passes through the Pillars of Hercules, across the Mediterranean and the Suez Canal to the Indian Ocean and through the Straits of Malacca; much trade also passes through the English Channel. Shipping lanes are the routes on the open sea used by cargo vessels, traditionally making use of trade winds and currents. Over 60 percent of the world's container traffic is conveyed on the top twenty trade routes. Increased melting of Arctic ice since 2007 enables ships to travel the Northwest Passage for some weeks in summertime, avoiding the longer routes via the Suez Canal or the Panama Canal.

Shipping is supplemented by air freight, a more expensive process mostly used for particularly valuable or perishable cargoes. Seaborne trade carries more than US$4 trillion worth of goods each year. Bulk cargo in the form of liquids, powder or particles are carried loose in the holds of bulk carriers and include crude oil, grain, coal, ore, scrap metal, sand and gravel. Other cargo, such as manufactured goods, is usually transported within standard-sized, lockable containers, loaded on purpose-built container ships at dedicated terminals. Before the rise of containerization in the 1960s, these goods were loaded, transported and unloaded piecemeal as break-bulk cargo. Containerization greatly increased the efficiency and decreased the cost of moving goods by sea, and was a major factor leading to the rise of globalization and exponential increases in international trade in the mid-to-late 20th century.
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