The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.
If you are looking for statistical figures, go from the definition to the statistics page.
Shipping company under joint ownership
A shipping company under joint ownership is a corporate form reserved only for merchant shipping activity. A shipping company under joint ownership is born when two or more natural or legal persons join together to practise merchant shipping for hire or reward for mutual benefit with a vessel of which the partners (proprietors) themselves own specified shares.
Validity of the definition
- Valid until (31 December 2078)