Maritime Economics

TOC \o 1-3 \h \z \u HYPERLINK \l _Toc3 1 .0 Introduction PAGEREF _Toc3 \h 2HYPERLINK \l _Toc4 2 .0 yokelish mask colour tanker take out offment merchandise PAGEREF _Toc4 \h 3HYPERLINK \l _Toc5 2 .1 Economic characteristics PAGEREF _Toc5 \h 3HYPERLINK \l _Toc6 2 .2 renormalise of exact and make out PAGEREF _Toc6 \h 3HYPERLINK \l _Toc7 2 .3 frighten off revenues , steer costs available pricing options PAGEREF _Toc7 \h 5HYPERLINK \l _Toc8 3 .0 The complicated ocean container lading commercialize PAGEREF _Toc8 \h 7HYPERLINK \l _Toc9 3 .1 Economic characteristics PAGEREF _Toc9 \h 7HYPERLINK \l _Toc0 3 .2 Nature of demand and supply PAGEREF _Toc0 \h 7HYPERLINK \l _Toc1 3 .3 despatch revenue , ship costs , pricing options PAGEREF _Toc1 \h 8HYPERLINK \l _Toc2 4 .0 Conclusion PAGEREF _Toc2 \h 9HYPERLINK \ l _Toc3 5 .0 wing PAGEREF _Toc3 \h 10 1 .0 IntroductionTankers argon unremarkably vessels use in the process of transporting liquid materials such as coarse anoint colour or oil derived commodities . Some terms tankers whitethorn contain chemicals , foods , wine-colored and early(a) commodities Consequently , the blunt oil tanker transport market or the wet flock freight market is the argona where consumers and suppliers meet and conduct minutes . It should be state that `area does not refer to a physical reparation but it refers to the mechanisms which traders use to exchange commodities with whiz another . This market is composed of a series of suppliers who are usually ship owners . The consumers are made up of crude oil owners who call for to transport their commodities to another location (Market meet , 1999The mystical sea container freight market is composed of a series of vessels that transport commodities between various ports . It should be storied that chummy sea freight markets mostly dea! l with the exile of inventd goods to their several(prenominal) destination or dose of raw materials to areas of manufacture .

The gentlemans gentleman s most economically stable countries depend on deep sea merchant marine to keep their economies intact . This also implies that deep sea markets are heavily affected by predominant economic conditions between respective markets Sometimes the deep sea transportation service are successful in transportation of military commodities or supplies . This is an aspect that is particularly car park in countries such as the US 2 .0 Crude oil tanker freight market2 .1 Economic characteristicsThe crude oil freight tanker market is made up of t ernary major(ip) players transporters , crude oil owners and shipping agents . The latter normally move into in the trade in to represent either fellowship in transactions . Revenues that shipping companies get for offering transportation services are more often than not set by freight rates at any time . However , these areas are usually fixed over a certain period of time of time . On the other hand , freight charges largely depend upon the spirit of vessel used to transport the crude oil2 .2 Nature of demand and supplyDemand and supply within this market is passing variable depending on the nature of freight charges utilised . In the case of...If you want to get a full essay, straddle it on our website: OrderEssay.net

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