Abstract
A sophisticated and widespread transportation mode is absolutely essential for the
efficient mobility of passengers and goods. This report first investigates the various
economical, cost and environmental factors specific to maritime transportation. This
investigation includes a comparative analysis between maritime, land and air transport.
Lastly, the growing demand in marine transportation and the multitude reasons that make
shipping one of the most globalized industries in terms of freight transportation is
examined. After careful weighing of all the diverse factors, one can conclude that
maritime transportation still retains its competitive edge over other modes of transport.
Table of contents
Abstract 2
Table of contents 3
Introduction 4
Marine Economics 4
Cost of Marine Transportation 5
Environmental Factor 7
Growing Demand of Marine Transportation 7
Conclusion 9
References 10
Introduction
The story of the shippin...
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Marine transportation remains to be the dominant mode in international trade in terms of economies of scale, cost effectiveness, efficiency, environmental friendliness and growing demand. It is changing technologically and strategically in line with global market requirements. Presented with the world’s demand and future technology advancements, marine transportation is set to remain as one of the most highly competitive and multi-advantageous transportation mode.
References
Kenneth D.Boyer, 1997, Principles of Transportation
Martin Stopford, 1997, Maritime Economics
Michaellowa, Karsten Axel Krause, 2000, International maritime transport and climate policy, Hamburg, Germany
DC Velocity Staff, 2007, a sea change for air freight, http://www.dcvelocity.com, 08/08/2008
Kasaba K Abdul Basti, 2008, Dubai sea transport, http://www.business24-7.ae, 08/08/2008
Shipping goods through Detroit to the Port of Halifax provides the opportunity to use vacated industrial centers by repurposing these facilities for transshipment and manufacturing. Detroit as a transshipment hub provides a distribution system for goods to move to worldwide markets. Many manufacturers have failed due to a lack of an adequat...
Surface Transportation Board (2012). FY 2012 Annual Report. Washington, DC: Chairman Daniel R. Elliott III
During the classical era, there were shifts worldwide with regards to economic imports and exports. As many societies transformed from hunting-gathering societies into specialization societies, global trade networks expanded. This led to the founding and growth of many complex trade networks, both on land and by sea. Two notable trade networks were the Mediterranean Sea network and the Silk Road. The Mediterranean Sea is in Europe, and the trade network lined the shores of Turkey and North Africa. The Silk Road was trans-Asian. It reached from China to the Eastern Mediterranean. While these networks had multiple similarities in their expansion and spread of religion and ideas, there were many differences. These included the type of materials
The North American transport system is run by several different agencies, each one having its own important part in making it all run smoothly and efficiently . There are also several policies that have been put in place to keep the transportation system working for the good of everyone. The agencies involved keep very good records of all the types of transportation that make up the system, which makes it easy for anyone to be able to see all the different statistics associated with the system. The Freight broker business is another important part of the transportation system, the following paragraphs will tell how all these things work together.
The article was written by professionals at the School of Logistics at Inha University in Korea. This source discusses the newly immerging cruise industry in various Asian countries. The researchers came up with mathematical equations to foresee the economic impact the industry will have on various Asian economy’s. With the information predicted, the data was organized into charts that breach down each expenditure into sectors such as, food and kindred products. The information presented could present a bias considering the researchers are Asian and they are forecasting the outcome and effects on an Asian economy. Overall, the source presents statistical data, of the benefits of the cruise ship industry, in an emerging market.
As sea ice begins to melt, opportunity in sea transportation strikes as an interesting topic for the Canadian economy. Wintertime shipping has proven to be difficult in the Canadian arctic, due to heavier and thicker ice (Fergal & Prowse, 2007). Summertime has always been a preferable season for sea transportation partially due to the softened ice, and the amount of daylight produced, compared to wintertime darkness (Ferg...
The main character, a loner known simply as Mariner, sails the world’s oceans in a catamaran, occasionally trading with communities who live on atolls, man-made floating fortresses designed to keep out a violent group of society known as smokers. The Mariner has evolved to adapt to this new watery existence and has webbing between his toes and gills that allow him to breathe underwater. This ability to swim underwater has left the Mariner in the position of knowing that hundreds of years ago man lived in vast cities that were on land. Much of what the Mariner has to trade comes from his excursions into these drowned cityscapes. In this new world, the two most valuable commodities for trade are fresh water, known
This report provides an analysis and recommendation of current issues faced by Singapore-based Meli Marine, a leading container shipping company in the intra-Asian market, weather gain a presence in the Asia-North America trade routes through an acquisition of 16 vessels of Teeh-Sah Holdings. On the surface, this opportunity would expands Meli’s business and diversify it’s operations and provide a protect function against a downturn in intra-Asian market. But, this oppotunity will bring Meli lots of economic risks. It would return Meli to its former less flexible model with owning vessels also. I recommend that Meli giving up this opportunity and keeping going current excellent customer service then gradually into TransPacific
"People either love it, or they hate it," Fred proclaimed again, for the umpteenth time. His reddish face almost glowed against the gray sky. The combination of giddy grin, round cheeks, and fine, yellow, tousled hair yielded a face far too boyish for a man in his mid-fifties. But the always-present twinkle in Fred's eye was ever so slightly diminished today, and I knew why: he feared that his intuition might be mistaken and that I might not, after all, take to today's activity. His concern was compounded by weather; it was far from ideal for this, my first sail. Why was it so important to him that I like sailing anyway?
It was found that the closer the ports are to the hinterland, the less their port-city equilibrium is realized, given the concentration of flows and the indirect dependence on inland markets. Wang and Olivier (2007) also studied the relationship of different global supply chains (GSCs) with port development. Six requirements have been mentioned by them which are the type of cargo, volume, flexibility in using alternative ports or terminals, environment considerations, vertical integration including port facilities, and horizontal clustering in
The authors try to emphasize the importance of new growth dynamics for containerization not just for being a transport unit but also as a supply or commodity chain unit as well. The group of authors also briefly explain that Containerized freight is commonly characterized by the movement of manufactured goods and parts from manufacturing facilities to retail activities with the whole range of distribution activities in between, such as terminals and distribution centers. The way containerized freight is used is a benefit in multiple ways from the space flexibility to movement of goods shown in terms of distribution efficiency. Containerization dynamics has for some time relied on a variety of factors that are noted as being derived volume linked with globalization, the substitution of break-bulk traffic into
Should students take advantage of the public transportation more seriously than owning a car? The public transportation can solves to numerous problems; the bus transportation can be a universal antidote for bigger issues such as global warming. By taking the bus can save students’ time and money, rather than students who have a car have deal with traffic and expensive parking fee. Students who own a car might experience sitting in such a long traffic, where during the traffic cars may produce noxious gases relieving particle of air that can contribute the affect to human health. The public transportation is the best solution for an enormous population of students, so students’ needs to get on the transit a try. The transition system in the
The bill of lading under a charterparty is just a certificate of receipt for the charterer, the bill of lading is not to be seen as a contract of carriage of goods by sea due to the relationship between the shipowner and charterer under a charterparty. When the bill of lading issued by the shipowner is transferred to a third party by the charterer, the right-obligation relationship between the shipowner and the bill of lading indorsee will be effected by the international conventions that related to the bill of lading. And that means the terms governing the relationship between the shipowner and a bill of lading indorsee will be different from the terms originally agreed with the charterer, the shipowner will exposed to greater liability than he initially anticipated. Obviously, the shipowner does not want to see that happen. Under this circumstance, the shipowner always wonder that the terms of the charterparty can be carried through into the terms of bill of lading contracts. So whether it is a charterparty or a bill of lading, the liability of the shipowner would always be the same, and that led to the development of incorporation clause.
For the freight, I separate into a domestic shipping and international shipping. A domestic freight shipment, the rail transportation will take place or have a higher market share than air transport because the rail network will be congested, easier to access especially in the centre of the country furthermore costs is much more lower compared with a large capacity of its. But for international freight shipment, 90 percentage of air cargo belongs to air transport, it can beat against rail transport because of the geography to clarify, mountain or river that hard to build a railway and connect to neighbor countries likes Myanmar (Burma), and the time savings of air transport is on demand mostly for just-in-time businesses. Anyway, it also depend on the type of its product, a product which is fragile, perishable and high-value is more suitable for air transport but rail transport will compete for agricultural products which is perishable by a cold storage rail that a cost reduction and it usually ships an industrial product. Not only competing with rail transport but also contend with Singapore Changi Airport, the top busiest AEC's busiest airports by cargo traffic. Next the passenger, I also divide into two parts, first in a centre of Thailand and less than 300 kilometres from Bangkok, second is the remote area where is more than 300 kilometres far from the capital. In a short distance (less than 300 kilometres from Bangkok) and the centre part of a country where the rail transport is the better choice to be in services because railway network is very dispersed than any parts, many stations, lower fare and time saving in operation likes transit or boarding period, moreover the government promotes a rail transport to be a centre of tourism in a region. In the
Most of the risks in carrying solid bulk cargoes include liquefaction of cargoes that tend to reduce the ship’s stability that may even re...