Grade 11 – Maritime Economics

September 7, 2016

Role of a harbour as the interface between sea transport and other modes of transport  

A ship will come to a harbour to do one or more of the following load and/or discharge cargo take on fuel (“to bunker”) take on stores (food, deck stores or engineroom stores) undergo repairs or maintenance (which may include drydocking) in the case of passenger ships, to land and […]
September 7, 2016

Ship Owning

Anyone can become a ship owner – an individual, a company, a bank, a consortium of companies, or other group. Whoever owns a ship wants the ship to be an investment in terms of its ability to earn money by moving cargo, or by carrying passengers, or by providing a […]
September 7, 2016

The Structure of Shipping Companies

Below is the basic structure of a typical shipping company.
September 7, 2016

Ship Management

Some shipowners prefer to place their ships under the management of specialist companies who manage the vessels. This might be because the owner does not have the resources or experience to manage the ship properly, or the company has only a few ships and it is difficult to operate a […]