Shipping is the transport of cargo and passengers, typically through the sea. The transportation of freight is widely used way back in time until today as a mode of delivering traded products. It plays a crucial role in the global economy as it facilitates the transport of raw materials and the import/export of finished goods. The shipping industry generates over half a trillion USD in annual income in freight rates. The financial model templates here can be used for businesses related to shipping.
This financial model is specially helpful for those entrepreneurs in shipping vessel business. It allows the user to generate various accurate and reliable financial report in no time to better assist owners and investors make an informed decision.