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NAICS 483111, industry

NAICS 483111: Deep sea freight transportation

NAICS 483111 is the industry code for deep sea freight transportation. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.

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What 483111 covers

Deep sea freight carriers move cargo between US ports and foreign ports by ship. Container lines, bulk carriers and tanker operators are typical.

Included in this code

  • International container shipping
  • Bulk cargo shipping
  • Tanker shipping
  • Ship chartering with crew

Not this code

Businesses that use 483111

International shipping lineBulk carrier operator

Financing for this trade

Shipping companies finance vessels with ship mortgages, export credit backed loans and sale leasebacks. Lenders weigh charter rates and vessel values.

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Is 483111 the right code for an ocean shipping company?

Yes, if you transport freight by ship between US and foreign ports. Coastal and Great Lakes shipping uses 483113, and businesses arranging shipments without ships use 488510. If your work overlaps, also read the definitions for 483113 (coastal and Great Lakes freight transportation) and 488510 (freight transportation arrangement), then choose the code that matches your largest source of revenue.

What is the SBA size standard for 483111?

The SBA size standard for 483111 is 1,050 employees. SBA counts the average number of people on payroll, full time, part time and temporary, over the last 24 months, and adds in any affiliates. An ocean shipping company under that headcount counts as small for SBA 7(a) and 504 loans and for federal small business contracts, whatever its revenue.

How are ocean shipping companies financed?

Vessels are financed with ship mortgages from maritime banks, export credit agency loans and sale leaseback deals. Lenders analyze charter contracts, freight rate cycles, vessel age and classification records. A broker who works with many lenders can line up bank, SBA and alternative offers side by side, which often matters more than chasing the lowest headline price.

What does NAICS 483111 cover?

Deep sea freight transportation. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 483 Water transportation, 4831 Deep sea, coastal, and great lakes water transportation, 48311 Deep sea, coastal, and great lakes water transportation.

What financing do NAICS 483111 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for trucking and logistics businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 483111?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.