A Critical Investigation of the Bulk Shipping Commodities Trade

Fernandes, Rohit Walter (2010) A Critical Investigation of the Bulk Shipping Commodities Trade. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

Executive Summary The twentieth century has seen an exorbitant increase in sea borne trade that shifted eastwards due to the developing economies like India and China. Most of this trade constituted of the movement of raw materials like coal, iron ore, etc, which were used as inputs for production and manufacturing, thus an increased importance on bulk shipping. Though a large percentage of global sea transport consists bulk shipping, there is insufficient research related studies being conducted on bulk shipping of commodities.

The dissertation aims to critically investigate and analyze different elements of the bulk shipping industry involved in the movement of coal. In order to do this an explorative research is conducted on the basic elements of the global shipping industry, elements of which are then used to construct the bulk shipping model for coal which is the main focus of the research. The bulk shipping model constructed exhibits the relationship between demand, supply and freights rates. All the sub-elements of the model are explained in the order of their dependencies. Primary data is gathered from unstructured explorative interviews of key industry players which are then compared with the already constructed model to highlight the aspects the model fails to cover.

The bulk shipping model is divided into three parts. Firstly the demand side which describes the different factors that affect demand for bulk shipping of coal in India like the Indian economy, coal requirements of India, sourcing of coal from distant markets and average haulage. Secondly it deals with the supply side which caters to the demand for bulk shipping which are bulk shipping fleet and its productivity, and ship building and scraping. Finally it describes the impact of demand and supply variations on freight rates.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 20 Jan 2011 14:12
Last Modified: 12 May 2020 09:30
URI: https://eprints.nottingham.ac.uk/id/eprint/23952

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