11.2.2.5 Ship scrapping

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Grade 11 – Maritime Economics
11.2.2.5 Ship scrapping

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11.0 All the Grade 11 videos
11 Introduction
11.1 The Maritime World
11.1.1 Lloyd’s Register of Shipping
11.1.2 Trade routes and port locations
11.1.2.1 Southern African Ports
11.1.2.2 Examples of other African ports
11.1.2.3 Examples of other major world ports
11.1.2.4 Trade routes
Iron Ore
Coal
Grain
Oil
Containers
11.1.3 International Time Zones & International Date Line
11.1.4 Maritime-related Careers
11.1.4.1 Sea-going Careers
11.2 Shipping Operations
11.2.1 Harbours as transport interface
11.2.2 Ship operations
11.2.2.1 Ship owning
11.2.2.2 Ship management
11.2.2.3 Ship broking
11.2.2.4 Ship chartering
11.2.2.5 Ship scrapping
11.2.2.6 Shipbuilding
11.2.2.7 Ship’s agency operations and procedures
11.2.2.8 Bunkering
11.2.2.9 Cargowork
11.2.2.10 Stevedoring
11.2.2.11 Ship repair and maintenance
11.2.2.12 Ship chandling
11.2.2.13 Salvage
11.2.5 Voyage costs
11.3 International Trade
11.3.1 Principles governing trade and transport
11.3.2 Major global areas of supply and demand
11.3.3 Factors influencing trade fluctuations
11.3.4 Procedures pertaining to shipping containers
11.3.5 A Littoral State
11.4 Maritime Environmental Challenges
11.4.1 Environmental aspects which could affect maritime operations
11.4.2 Influence of Weather Systems on shipping operations
11.4.3 Fishing
11.4.4 The Environmental Impact of the Extraction of Minerals, Oil, and Gas
11.4.5 Alternative Energy Sources
Test Yourself

graham
Howie
howieowen2
WebDev

September 7, 2016

Ship scrapping (also known as ship recycling)

[vc_row][vc_column][vc_video link=”https://vimeo.com/473796833″][vc_column_text]Ships are scrapped when they come to the end of their economic lives i.e. it costs a lot to maintain them. Some charterers will not want to charter an older ship, especially if insurance surcharges apply to cargo shipped in an older vessel. Scrapping is often hastened by low […]