Grade 11 – Maritime Economics

September 12, 2016

Stevedoring

Stevedores are those people who load and discharge cargoes. For each hold being worked, conventional cargoships required teams of about 12 men on the wharf and 12 men in the hold. A five-hatch cargoship working all holds would require about 120 men for one shift. If the ship was to […]
September 12, 2016

Ship Repair and Maintenance

Because they are exposed to salt water and salt water spray, ships need constant maintenance to prevent serous corrosion of the steel from which they are made. If corrosion is not checked, steel plates or steel “ribs” will weaken and could be seriously damaged by the sea, with possible loss […]
September 12, 2016

Ship Chandling

Chandling services provide stores for the ship. These could be engineroom stores and spares, or paint, additional mooring lines, or food, beverages, cleaning equipment and detergents. Some chandling companies specialise in engineroom stores, and others food, while others may specialise in supplies for the deck department. Other chandlers supply the […]
September 12, 2016

Salvage Operations

Some Definitions Salvage : The voluntary saving of a ship and/or her cargo from imminent danger. Salvor : The company involved in providing a salvage service to a ship in danger and/or saving cargo. Casualty : A ship that is in danger Lloyd’s Open Form (LOF) : This means that […]