Category
page 1Shipping trade associations
Baltic and International Maritime Council
international shipowners shipping association
International Chamber of Shipping
organization
Ortogh
Ortogh, also ortoq (Turkic: ortaq; Mongolian: ортог; Persian: urtak) was a merchant partnered with the state and individual aristocrats in the Mongol Empire. The term derived from the Turkic word ortak, meaning "partner." The institution allowed merchants to pool their resources and thereby reduce the risk of failed caravans, allowing for the expansion of long-distance trade and a substantial reduction in its costs.