Definition, Meaning & Synonyms
merchant-fleet
noun
/ˈmɜːr.tʃənt fliːt/
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Definition
A merchant fleet refers to the group of commercial ships that are owned or operated by a country or a company, which are used for the transportation of goods and services across waterways.
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Examples
- The nation’s merchant fleet is vital for its import and export operations.
- Due to economic sanctions, the merchant fleet of the country faced significant limitations.
- Advancements in technology have greatly improved the efficiency of the merchant fleet.
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Meaning
The term often implies a collective of cargo vessels that facilitate international trade and commerce, playing a crucial role in the global economy.
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Synonyms
- Commercial fleet
- Cargo fleet
- Shipping fleet