Shipping markets

Okay kiddo, let's talk about shipping markets! Imagine you have a toy that you need to send to your friend who lives far away. You can't just send it through the air or teleport it, so you have to send it through the sea or land. And to do that, you need a ship or a truck.

Now imagine that there are many other kids who also need to send their toys to their friends who live far away. This means there are many toys that need to be shipped, and many ships or trucks are needed to do the job. This is what we call the shipping market.

The shipping market is like a big game where companies who own ships or trucks (called "shipping companies") compete with each other to provide the best service for their customers (like you!). These shipping companies have to decide how much they should charge for their services, how fast they should deliver the toys, and where they should go to pick them up and drop them off.

Sometimes, there are too many ships or trucks available for too few toys to be shipped, which means that the competition among shipping companies is very fierce. And sometimes, there are too few ships or trucks available for too many toys, which means that shipping companies can charge more for their services because they have the upper hand in the competition.

So, in a nutshell, the shipping market is like a big game where shipping companies compete with each other to offer the best service for their customers. And as long as there are toys to be shipped, there will always be a shipping market!