As other have pointed out, ports need to be prepared to handle the carrier industry special characteristics, in terms of "frequency, punctuality, reliability and geographical coverage" (Slack, 1996).
Further more, ports need to be able to keep down the landslide costs, in close connection with some of the things I have previously mentioned when referring to dry bulk cargo and transportation. The competition, brought about by the growing demand and growing numbers of competitors, is more and more significant and ports need to be able to offer the best services at the lowest prices. This means operability, flexibility and productivity at low landslide costs.
The container shipping industry, due to the cost challenge and necessity that every carrier is facing, is currently facing a concentration phase, where many of the international carrier choose vertical integration solutions in order to cut down on costs and gain a cost advantage. This means that…...
mlaBibliography
1. All data from ISL Publication SSMR Market Analysis No. 6. Executive Summary. On the Internet at enor at http://www.isl.org/products_services/publications/pdf/COMM_6-04_short.pdf http://www.isl.org/products_services/publications/samples/cargo.shtml .
2. Notteboom, Theo. Container Shipping and Ports: An Overview. Institute of Transport and Maritime Management Antwerp (ITMMA), University of Antwerp. Review of Network Economics Vol.3, Issue 2 - June 2004.
3. South Carolina State Ports Authority. On the Internet at http://www.port-of-charleston.com/online_tools/glossary.asp?first_letter=B
4. The Dry Cargo Industry. International Association of Dry Cargo Shipowners (INTERCARGO). On the Internet at http://www.intercargo.org/index.htm
It is also established practice to assume that the date on the bill of lading is the actual date on which the goods were successfully loaded onto the shipping vessel in the absence of any other evidence, and this would at first seem to suggest that the bill of lading must be taken at face value (GAFTA 100). BigNut's agents encountered evidence that loading of the peanuts onto the Al Sudan did not take place until April 1, however, meaning that the bill of lading itself could be a fraudulent document.
There is also substantial incentive for SudanNut to have fraudulently applied the date of March 31, 2011 to the bill of lading: the contract of sale explicitly stated that the peanuts were to be transported during the month of March, and both law and case precedent insist that this be interpreted as a literal interpretation of the calendar month…...
Shipping News by Annie Proulx tells the story of Quoyle, a man who begins the book naive, buffeted by life, and passive, but by the end has earned his place in a small town in Newfoundland. Quoyle, unsure of himself and troubled by his looks, allows the ups and downs of life to toss him without resistance. Eventually he marries, but his wife, Petal, is unfaithful. In the ultimate act of her selfishness she sells their two daughters, unny and Sunshine, to a pervert, but they are returned to Quoyle after Petal's death in a fiery car accident. Aided by his Aunt Agnis, he takes his family to live in the Quoyle homestead near Killick-Claw, Newfoundland, Canada, to start anew.
In Killick-Claw he works for the town newspaper, gaining self-confidence and writing skills, learning the foreign ways of the fishermen and their wives. He meets Wavey, a widow, and slowly…...
mlaBibliography
Campbell, Joseph. The Hero With A Thousand Faces. Princeton, N.J.: Princeton University Press. 1972.
Proulx, Annie. The Shipping News. New York: Charles Scribner's Sons. 1993.
Shipping News
In her novel The Shipping News, E. Annie Proulx brings to life a Newfoundland fishing town and a small group of its inhabitants - a more-or-less failed journalist and the three women in his life - his two daughters and his aunt. The four of them have decided to retake their ancestral home, and the action of the plot derives from this attempt - both literal and psychological - to reclaim history. The story that results is certainly not a happy one, even the ending seems to be happy.
ith this novel, Proulx seems to be providing us with a reworking of that axiom we have all heard: You cannot go home again. Home may be the place that that have to take you in when you have to go there, but you will have forgotten how to speak the language, and the food will no longer satisfy you…...
mlaWorks Cited
http://134.153.160.118/educ4142/babineau3.htm
http://www.theatlantic.com/unbound/factfict/eapint.htm
Proulx, E. Annie. New York: Scribner, 1994.
Proulx 331.
In the shipping business, this can be speed, customs expediting, or specialized handling, or price. The firm should analyze its internal competencies to identify which ones are strongest before seeking opportunities in the marketplace. Most firms will not be the best at all of these, so the firm should be realistic about its competencies when conducting a self-assessment. Often, core competencies are well-supported so that they can be sustained over the long-run.
There are two main mechanisms for supporting internal competencies. The first is organizational culture. hen the culture is oriented towards specific types of achievement, then the culture can become a powerful form of internal control mechanism. If a firm has decided to pursue a specific niche, the organizational culture should therefore be built around the execution of that strategy. This will drive success and innovation towards that strategy above all others and provide internal control.
The other main mechanisms…...
mlaWorks Cited:
Business Link. (no date). How to identify new business opportunities. Business Link. Retrieved March 4, 2011 from http://www.businesslink.gov.uk/bdotg/action/detail?itemId=1081822436&type=RESOURCES
85).
Newly independent countries joined in the shipping industry as a way of demonstrating their economic independence, leading to an increase in the number of open registers as owners in the traditional maritime countries could now register in countries with less demanding tax laws and lower costs for workers. Shipbuilding, which had long been dominated by Europe and North America, moved instead to East Asia. Other changes also took place in the industry:
Shipowners, still seeking to cut costs, looked to the developing countries for seagoing personnel, and multinational crews became more and more common. Some owners left the operation of their ships to specialist ship management companies. Manning agencies supplied an increasing proportion of the world's seafarers. Some, or indeed all, of these companies may come under different jurisdictions (Shipping: The shoreline of time and technology 1997, p. 85).
Ship management was not immediately affected by these changes, but the changees…...
mlaBibliography
Agrawal, M.K. & Pak, M.H., 2001, Getting Smart about Supply Chain Management. The McKinsey Quarterly, p. 22.
Bradshaw, R., 2002, August, Keeping the Supply Chain Fluid, Chain Store Age 78(8)(August 2002), 178.
Brooks, M.R., 1996, Competition in liner shipping: Are national policies appropriate?, Halifax, Canada: Dalhousie University, unpublished paper.
Choi, C.J. & Grammenos, C.T., 1999, the Greek shipping industry: Regulatory change and evolving organizational forms, International Studies of Management & Organization, Volume 29, Issue 1, 34.
International Shipping
Oriental Manufacturing Ltd. is suing International Shipping Ltd. For damages to a return shipment that had outer container breakage and soiled with an oily substance that had permeated the interior of the cardboard boxes. The inner sealed aluminum bags were also covered with the oily substance. Oriental did not attempt to open the bags to determine damage to the computer chips they contained.
Under Article 77 of CISG, Oriental would have been required to undertake reasonable measures to minimize loss to satisfy the duty to mitigate (Risnik, 2009). Under Article 77 Oriental would not be able to recover loss that could have been avoided if reasonable steps could have been taken. The principle of good faith suggests no compensation for avoidable loss. Where Oriental made no attempt to open the aluminum bags, there is no evidence of damage to the computer chips.
Under the Carriage of Goods by Sea Act, if…...
mlaBibliography
Guide to Article 77. (n.d.). Retrieved from PACE: http://www.cisg.law.pace.edu/cisg/text/peclcomp77.html
Risnik, P. (2009, Nov 10). Article 77 CISG: Reasonableness of the Measures Undertaken to Mitigate the Loss. Retrieved from PACE: http://cisgw3.law.pace.edu/cisg/biblio/risnik.html
Shipping Law. (n.d.). Retrieved from The Free Dictionary: http://legal-dictionary.thefreedictionary.com/Shipping+Law
Winship, P. (2002, Mar 26). CISG Case Presentation. Retrieved from PACE: http://cisgw3.law.pace.edu/cases/020326u1.html
Pricing
It is not necessary for marketers to give goods away for free, but things like free shipping and free returns both serve two important purposes in online retailing. The first is that they lower a critical cost barrier between online retailers and offline ones. Consumers may or may not incur costs associated with going to be store to buy something (depending if they walk or not) but these costs are basically ignored by the consumer. The gas used to drive to the store is never factored into the purchase decision. It is not like that with e-commerce. Consumers see added charges for things like delivery and they realize that the goods are not cost-competitive. A price-sensitive consumer will quickly realize that the shipping charge is essentially the charge for the convenience of buying from home. For the online retailer, this added cost makes them go from being cost-competitive with offline…...
Global Transportation
How containerization has made shipping more cost effective
Containerization is defined as the process where goods are shipped in containers instead of being singularly onto a ship. This implies that a ship is used to carry several thousand containers each with a wide range of commodities rather than a single line of product. This has made the process of shipping goods efficient resulting in enhanced cost-effective process. Containers are inclusive of ships. They must be unloaded from ships on to trains, trucks, and barges without the need to repackage. This implies that the costs of shipping are cut because ships will not go directly to destination of ports. Instead, they are likely to moor at hubs and unload the cargo. Then, the goods can be dispersed to various different destinations (Lun, Lai & Cheng, 2010).
When using containers, they only need to be loaded and offloaded once. First, containers must be…...
mlaReferences
Lun, Y.H.V., Lai, K., & Cheng, T.C.E. (2010). Shipping and logistics management. New York: Springer.
Muller, G., & Mahoney, J.H. (2009). Intermodal freight transportation. Westport: Eno Foundation for Transportation.
Organization for Economic Cooperation and Development (2010). Globalization, transport and the environment. Paris: OECD
This will present a substantial cost savings to the company and increase efficiency in bringing products to market.
Because of the efficiency and the large expected availability of cargo space on the flights to Indianapolis, there are no expected bottlenecks or delays in this distribution chain. egular and rapid responses to inventory demands and retail sales will be available, and short-notice shipping as well as standard long-term contracts with regular space booked will be available to the company whenever the need arises, it is expected. Given that simple ground transportation will be all that is needed to move the cargo from the airport to retail stores, there are no expected bottlenecks or delays here, either; barring major highway problems in Indianapolis (which will not be a regular occurrence), there is no reason that any interruptions in distribution to retailers should occur at any point in the described chain.
No quotas or…...
mlaReferences
Indianapolis Airport Authority. (2012). New cargo flight gives Indiana exports non-stop bridge to Europe. Accessed 23 April 2012. http://www.indianapolisairport.com/admin/uploads/643/1.13.12%20Intl%20Cargo%20Flt.pdf
US Custom Service. (2001). Importing Into the United States: A Guide for Commercial Importers. New York: Books for Business.
History
The muddy estuary (rotta) of the Maas River became a settlement in the 10th century CE. A few hundred years later, a dam was built in the rotta, giving the fledgling seaport its name: Rotterdam. By the 14th century the Rotterdam Schie, or shipping canal, had been fully dredged, giving birth to what would one day become the world’s most important shipping port (“A History of the Port of Rotterdam,” 2015).
Rotterdam immediately gained traction as a pivotal shipping destination because of its strategic location linking England with not just the Netherlands but also the rest of Europe. Trade routes boomed during the Age of Exploration and Imperialism, boosting the significance of Rotterdam especially as the Dutch East India Company dominated global trade.
During the Industrial Age, Rotterdam suffered a major setback as the rotte, its naturally muddy estuary, proved too shallow for high tech industrial barges. The city of Rotterdam responded…...
mlaReferences
“A History of the Port of Rotterdam,” (2015). Twente. Retrieved online:
Hurenkamp, J. (2017). Port of Rotterdam. Chemical Parks in Europe. Retrieved online: https://chemicalparks.eu/parks/port-of-rotterdam JOC (2017). Port of Rotterdam. Retrieved online: https://www.joc.com/port-news/european-ports/port-rotterdam Karan, C. (2016). The port of Rotterdam. Marine Insight. Retrieved online: https://www.marineinsight.com/ports/the-port-of-rotterdam-the-biggest-port-of-europe/
Strategic Management Analysis of Maersk Shipping Company
Maersk Shipping Company is a largest global shipping company operating more than 600 ships, recording more than 23,000 bookings daily and 2.2million containers. Maersk can boast of 14.5% of market shares globally because their vessels arrive at ports every 15 minutes. Established in 1904, Maersk operates in more than 130 countries with over 110,000 employees. The company market capitalization was $27.6 billion at the end of 2015 fiscal year. Maersk facilitates the transportation of 14% of global seaborne containers coupled with Damco and APM Terminals, the company offers infrastructure with global demand for energy and global trade. The company offers different services that include Reefer Cargo, Verified Gross Mass, Special cargo, Dry Cargo, and Routenet. However, Maersk derives 40% of their revenues from container business. Despite the superior market advantages that the company has enjoyed in the last few decades, the global economic recession…...
One of the most crucial factors towards the success of a shipping company is effective operations management. Shipping companies establish organizational structures and cultures that seek to promote effective operations management. Some of the major divisions in ship management include commercial, operation, administration, finance, and technical departments. Operations department is mandated with the task or responsibility of handling all issues relating to shipping management and ensuring that the shipping company undertakes activities that focus on achievement of respective business objectives. However, this department works in collaboration with the other departments to ensure that all functions and activities are coordinated and streamlined. Through the coordinated activities, the operations department has several responsibilities and authority that enable it to act as a link between the ship and the office. This paper discusses the authorities and responsibilities of the operation department as a link between the ship and the office.
Overview of Operation Management
Operations…...
Sea Shipping Services in Europe
The study aims to identify the impact, benefits, and drawback of implementing a short sea shipping policy within Greece. Within the paper, arguments have been made for supporting the adoption of the policy, and there have been clear facts presented. The paper also attempts to make comparisons between the different modes of transport available with an aim to show how cost effective and environmentally friendly short sea shipping is to a country. The results presented are backed by previous research that has shown the impact of marine transportation and made comparisons with road or rail transportation.
Short Sea Shipping is defined as the movement of passengers and cargo by sea, between ports that have a shared coastline without crossing an ocean. Short seas shipping has been at the forefront of the European Union's transport policy mainly because it offers the potential to reduce road congestion and reduce…...
Business Plan for Argos Shipping Company
The proposal attempts to inaugurate a new shipping business to meet the demand for an overwhelming increase in the shipping services. Moreover, an increase in the level of international business has led to a rapid increase in demand for shipping services that offer reliability, convenience, speed, and promise. Moreover, the shipping industry is rapidly changing and growing because of the rapid rate of international trade, however, it is still pertinent to realize that shipping industry involves a lot of money because the business is competitive and capital intensive. More importantly, starting the shipping business requires having in-depth knowledge of container, import, and export, and logistics industries. Despite our intention to start the shipping business, we still need a business plan to realize our goal.
A business plan is one of the strategies that can assist a start-up company in succeeding in the shipping business, and one…...
I. Introduction
A. Hook: Begin with a captivating statement about the transformative power of e-commerce.
B. Thesis statement: State the main argument that online shopping and traditional shopping offer distinct advantages and disadvantages, warranting a comparative analysis.
II. Body Paragraph 1: Advantages of Online Shopping
A. Convenience and Time Efficiency: Elaborate on the ease of shopping anytime, anywhere, without the need for physical travel or queues.
B. Wider Selection and Comparative Options: Discuss the vast array of products available online, allowing consumers to compare prices and features effortlessly.
C. Frequent Deals and Discounts: Highlight the frequent promotions, coupons, and loyalty programs....
The maritime industry is a sector of the economy that encompasses all activities related to the transportation of goods and people by water. This includes industries such as shipping, shipbuilding, port operations, navigation, fisheries, and marine tourism. The maritime industry plays a crucial role in global trade and economic development by facilitating the movement of goods and passengers across oceans and waterways. It is a diverse sector that includes a wide range of businesses and organizations, from large shipping companies to individual fishermen.
In addition to the transportation of goods and people, the maritime industry also plays a key role in....
Maritime Industry: A Vital Economic Engine
The maritime industry encompasses a vast network of businesses and activities related to the transportation of goods and people across oceans, seas, and inland waterways. It plays a crucial role in global trade, economic development, and national security.
Key Components of the Maritime Industry:
Shipping: The transportation of goods and passengers via ships, including container ships, tankers, and ro-ro vessels (roll-on/roll-off).
Shipbuilding and Repair: The construction, maintenance, and repair of vessels.
Ports and Terminals: Infrastructure facilities that provide access to waterborne transportation and facilitate the handling of cargo.
Logistics and Supply Chain Management: The coordination and....
Information Systems in Supply Chain Management
Information systems play a pivotal role in modern supply chain management, enabling businesses to optimize their operations, enhance collaboration, and drive efficiency throughout the entire supply chain network. Here's how information systems are used in supply chain management:
1. Data Collection and Management:
Information systems provide a platform for collecting and storing vast amounts of data from various sources within the supply chain, including orders, inventory levels, shipments, and financial transactions. This data serves as the foundation for decision-making and enables businesses to track and monitor the performance of their supply chains.
2. Demand Forecasting:
Information systems help businesses....
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