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• Altar: In maritime context, an altar refers to a structure or a place of worship on board a ship or a vessel. It is usually a small table or a shelf where religious ceremonies and rituals are performed. Altars are commonly found on naval vessels, ... Read More >>
• Gyroscopic Stabilizers: Gyroscopic stabilizers are devices used to reduce the rolling motion of a ship caused by waves. They work by utilizing the principles of gyroscopic precession, where a spinning wheel resists any force applied perpendicular to its axis of ro ... Read More >>
• Currency Hedging: In the maritime context, currency hedging refers to a strategy used by global shipping companies to protect against potential losses that could be incurred due to currency fluctuations. As international shipping involves transactions in mul ... Read More >>