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Use "shipowner" in a sentence
"The shipowner is a cousin—a relation of some kind."
"Readers who would find the report useful would be those with an active interest in the short term commercial outlook of shipping, such as shipowner / operators, financial institutions, shipbuilders, shipbrokers and FFA traders as well as research analysts and journalists."
""armateur" — a kind of shipowner, or one who fits out and charters ships, and sometimes commands them himself — the profession of Jean Bart and Duguay"