Grade 10 – Maritime Economics

October 16, 2015

Grindrod

  Grindrod is the holding company of Unicorn Tankers and Island View Shipping and several other subsidiary companies. The following are some important events in the history of Grindrod. Besides those listed here, Grindrod has bought a number of other companies to grow its operations to become a leader in […]
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October 16, 2015

Maritime Carrier Services (MACS)

Teach Yourself As you read through the article, you will find reference to MACS (Maritime Carrier Services) GAL (Gulf Africa Line) and TAL (Trans-Atlantic Line) Now make a note of major events in the life of this interesting company; trades on which each Line operates; the type of ship operated […]
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October 19, 2015

African Marine Solutions (AMSOL)

African Marine Solutions (AMSOL) is a South African company with an association with the famous Dutch salvage and ocean towing company Smit, founded in Rotterdam (Netherlands) in 1842. The South African origin of the company dates back to the 1970s when Safmarine (then South Africa’s largest shipping company) formed Saftug […]
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October 19, 2015

Basic Principles of Marine Salvage

[vc_row][vc_column][vc_video link=”https://vimeo.com/522346459″][vc_column_text] Salvage is the saving of a ship and/or her cargo from imminent danger. The danger can be the result of Breakdown (Machinery) especially if near the coast Hull fracture/damage Fire/Explosion Grounding Sinking Collision Salvage operations are usually conducted in terms of a Lloyd’s Open Form (LOF). This means […]
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October 19, 2015

Calculating voyage duration

[vc_row][vc_column][vc_video link=”https://vimeo.com/506096302″][vc_column_text]When calculating the cost of a voyage, it is important to find out how long a ship will take to steam from one port to another. In these calculations, the distance between the ports and the speed of the ship are important. Example 1 A ship leaves Port A […]
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