Corp

Corp may refer to:

Surname

Abbreviation

Acronym

Freight transport

Freight transport is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea, but is extended in American English to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also fashionably used in the same sense.

Modes of shipment

Ground

Land or "ground" shipping can be by train or by truck (International English: lorry). In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production facility near ports due to limited coastlines of countries. Ground transport is typically more affordable than air, but more expensive than sea especially in developing countries like India, where inland infrastructure is not efficient.

Shipment of cargo by trucks, directly from the shipper's place to the destination, is known as a door to door shipment and more formally as multimodal transport. Trucks and trains make deliveries to sea and air ports where cargo is moved in bulk.

Shipping Corporation of India

The Shipping Corporation of India (SCI) (Hindi: भारतीय नौवहन निगम) (BSE: 523598NSE: SCI) is a Government of India Public Sector Enterprise with its headquarters in Mumbai that operates and manages vessels that services both national and international lines.

History

SCI was established on 2 October 1961 by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. Two more shipping companies, Jayanti Shipping Company and Mogul Lines Limited, were merged with SCI in 1973 and 1986 respectively.

SCI started out with 19 vessels. It gradually metamorphosed into a conglomerate having 80 ships of 5.9 million metric tons deadweight (DWT) with interests in different segments of the shipping trade.

SCI was also awarded the prestigious "Navratna" status by Indian Government in 2008.

Recent contracts

Technical analysis

In finance, technical analysis is a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which, being an aspect of active management, stands in contradiction to much of modern portfolio theory. The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis which states that stock market prices are essentially unpredictable.

History

The principles of technical analysis are derived from hundreds of years of financial market data. Some aspects of technical analysis began to appear in Joseph de la Vega's accounts of the Dutch markets in the 17th century. In Asia, technical analysis is said to be a method developed by Homma Munehisa during early 18th century which evolved into the use of candlestick techniques, and is today a technical analysis charting tool. In the 1920s and 1930s Richard W. Schabacker published several books which continued the work of Charles Dow and William Peter Hamilton in their books Stock Market Theory and Practice and Technical Market Analysis. In 1948 Robert D. Edwards and John Magee published Technical Analysis of Stock Trends which is widely considered to be one of the seminal works of the discipline. It is exclusively concerned with trend analysis and chart patterns and remains in use to the present. Early technical analysis was almost exclusively the analysis of charts, because the processing power of computers was not available for the modern degree of statistical analysis. Charles Dow reportedly originated a form of point and figure chart analysis.

Petty officer

A petty officer (PO) is a non-commissioned officer in many navies and is given the NATO rank denotion OR-6. They are equal in rank to sergeant in the British Army and Royal Air Force. A petty officer is superior in rank to leading rate and subordinate to chief petty officer, in the case of the British armed forces.

Origin

The modern petty officer dates back to the Age of Sail. Petty officers rank between naval officers (both commissioned and warrant) and most enlisted sailors. These were men with some claim to officer rank, sufficient to distinguish them from ordinary ratings, without raising them so high as the sea officers. Several were warrant officers, in the literal sense of being appointed by warrant, and like the warrant sea officers, their superiors, they were usually among the specialists of the ships's company. The Oxford English Dictionary suggests that the title derives from the Anglo-Norman and Middle French "petit", meaning "of small size, small, little".

Two of the petty officer's rates, midshipman and master's mate, were a superior petty officer with a more general authority, but they remained no more than ratings. However, it was quite possible for a warrant officer (such as the armourer), in his role as a superior officer, to be court-martialed for striking a midshipman. This is because both were regarded as future sea officers, with the all-important social distinction of having the right to walk the quarterdeck. Midshipmen wore distinctive uniforms, master's mates dressed respectably, and both behaved like officers. The master's mate rating evolved into the rank of sub-lieutenant, and midshipman evolved into naval cadet.