Grade 12 – Maritime Economics

November 25, 2016

Graphic displays of information and text from a variety of sources

Sources of Information To help them to identify trends and potentially successful services or potentially weak areas of operation, shipping companies and organisations need to keep up to date with information that relates to shipping. Although some of this might not be direct shipping information, it will be of interest […]
October 28, 2016

Test Yourself

  2008 2009 2010 2011 2012 2013 2014 2015 Containerships 2100 2006 2114 2101 2156 2964 3118 3109 Bulk Carriers 204   232   241   221    248 1109 2115 2332 Tankers (VLCC)   367   393   379   381    369   387   392   369 […]
November 25, 2016

International Employment of Seafarers

In former times, crewing of ships was not as regulated as it is now.  The original practices were regulated following the realisation that inadequate training and flawed certification procedures in some countries meant that under-qualified seafarers were serving aboard many ships. Several serous maritime accidents occurred as a result of […]
November 28, 2016

Registration of Ships

All ships have to be registered in a country of the owner’s choice. Many owners choose to register their ships in their own country (e.g. a German shipowner will register his ship in Germany or a Japanese shipowner will register his ship in Japan.) However, for several reasons, a shipowner […]
November 28, 2016

Classification Societies

These are non-governmental organisations that draw up and maintain the standards for the construction and continued seaworthiness of vessels, including offshore structures such as oil rigs and platforms. Some of the main classification societies are as follows (The abbreviation that appears as part of a ship’s loadline and the country […]