Shipowner (noun)

A person, company, or organization that owns one or more ships, typically for the purpose of transporting goods, passengers, or other cargo.

Origin:

From the words 'ship' and 'owner'.

Examples:

1. Shipowners play a crucial role in global commerce, providing the transportation infrastructure that enables goods and people to move around the world.
2. Some shipowners specialize in specific types of shipping, such as container ships, oil tankers, or bulk carriers.
3. Shipowners must navigate complex regulations and environmental concerns, while also managing their vessels, cargo, and crew.
4. The size and diversity of the global shipping industry makes it an attractive sector for investment by large corporations and financial institutions.
5. Shipowners must also compete in a challenging market environment, where factors such as fuel prices, port fees, and changing demand patterns can have a significant impact on their bottom line.