Grade 10 – Maritime Economics

November 4, 2015

Products Tankers

Products tankers vary in capacity and therefore in size. Some are very small to enable them to enter small ports or to trade on inland waterways, canals and rivers; others are larger and carry oil products between ports that are further apart. Products tankers carry all kinds of liquids : […]
November 4, 2015

Gas Carriers

Some of these vessels are designed to carry LNG. Others carry LPG. LNG is Liquefied Natural Gas. (The gas that comes from gas reserves below the surface of the earth). LPG = Liquefied Petroleum Gas (The gas that is a by-product of the oil refining process.) LNG is liquefied by […]
November 4, 2015

Vessels associated with the offshore oil industry

Prospecting Vessels These vessels play an important part in searching for oil and gas below the seabed. Others play a role in collecting that oil or gas and bringing it ashore for refining. Some undersea prospecting vessels have a Dynamic Positioning System that via links to satellites and links to […]
October 7, 2015

Multi-purpose Ships

  Multi-purpose ships are designed to carry a number of types of cargo : Bulk Cargoes (e.g. grain, or minerals) Neo-bulk Cargoes (e.g. blocks of granite; steel bars; rolls of paper) Containers (on deck or perhaps in a specially designed hold) Break-bulk Cargoes (e.g. bags of rice; boxes of vehicle […]
October 9, 2015

Passenger Ships

Passengers are carried as part of the following types of shipping operation : Point-to-point passenger services Cruise Ships Point-to-point passenger services These services involve passenger ships operating from designated ports to other designated ports. In the South African context, the Union-Castle Line (officially known as Union-Castle Mail Steamship Company) was […]