November 29, 2016

Marine Insurance

To replace a ship or to repair damage to a ship can cost a lot of money, even millions of dollars. Similarly, to replace damaged or lost cargo (which in some cases can be of higher value than the ship) can also be very expensive, while the consequences of a […]
November 29, 2016

Test Yourself

  On her voyage from Brisbane (Australia) to Mombasa (Kenya), the bulker Sea Master (value $36 million) hits a drifting container that makes a small hole below the waterline in number one hold that becomes flooded. She diverts to Darwin (Australia) where repairs are carried out. The value of the […]
November 29, 2016

Ship Chartering and Laytime Calculations

This section assumes that you have a knowledge of Ship Chartering as covered in the Grade 11 modules. In most voyage charter parties, loading and discharge times are stipulated (e.g. 72 hours or 38 hours, etc.). This time period is called laytime. If the cargowork takes more time than the […]
December 9, 2016

Test Yourself: Example National Senior Certificate Exam

QUESTION 1: THE MARITIME WORLD 1.1   Give two reasons for no commercial ships operating with coal-fired boilers now when 100 years ago, it was the fuel used by virtually all ships. [2 x 2: 4] 1.2  Some shipowners are exploring several more eco-friendly ways to power their ships. Give two examples of […]