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Q1.In what ways do environment-related shipping policies affect the following components of the maritime industry?
a. New building and scrapping
b. Liner conferences and alliances
c. Shipping companies' profitability.
Provide examples to illustrate your answer.
Q2.Three Companies A, B, and C are providing liner shipping services. What effect will each of the following have on the demand for liner shipping services? For each effect, provide a brief explanation and justification.
a. Company B increases the frequency of services in a shipping route connecting to a particular port that is also serviced by Company A.
b. An interstate highway connected to a port, serviced by Companies B and C, is completed.
c. The economy experiences a moderate upturn, trade increases, and business confidence is improving. But Company A's image is tarnished as a result of a recent strike in one route where both Company B and C also provide shipping service
Q3.Identify and discuss the market structure and key economic issues related to the global dry bulk trades of iron ore, coal and grain.
Q4.Refrigerated cargoes are being carried by both container vessels and specialised reefer vessels. Compare and contrast the likely future growth in refrigerated cargo in both types of vessels. Include examples and economic justification for your views.
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In what ways do environment-related shipping policies affect the following components of the maritime industry?
An example: New ship scrapping policy in China has enabled faster demolition of the older vessels in order to build more efficient new ones. The transport ministry has announced a subsidy to shipping companies, to be given in two parts (once after the scrapping and once after building the new vessel). This would reduce pollution from old, single-hull ships and increase efficiency of the vessels
Liner shipping is a way of transporting goods with the help of high-capacity ships that move along given routes from different ports, following a fixed schedule. Then, as Company B increases its frequency of services in its schedule, the demand for its service will increase as customers are going to have more options under liner shipping services for a given span of time. They would tend to opt for this service over any other mode of goods transportation. The demand for Company A's service might decrease if B starts giving more frequent services. Company A will face increased competition from B and this will lead to a competitive pricing structure in order to attract more demand.