Marine Transportation and Logistics Sector
Shipping
Liner service
Containers/Reefers and others
Tramp service
Freight
Freight Dry bulk Wet bulk
Ferry Passenger Cruise
Cross -section of a cargo carrying ship
Factors affecting tradeability of ships
..hull types..
Double Hull After Grounding
Single Hull After Grounding
Factors affecting tradability of ships
INSURANCE/P &I COVER CLASS OIL MAJOR APPROVALS
SPECIFICATIONS
FLAG STATE
OWNER CHARTERER
AGE/HULL TYPE
..global nature of industry..
UK USA India UK
BANK
MEG
CHARTERER
UK
P& I CLUB
INDIA
KOREA
Concepts
• • • • Draft: Depth upto which the ship is immersed in water Load Line: The maximum draft to which the vessel may load Bunker: Fuel for vessels Deadweight Tonnage (DWT): The weight of cargo, water, bunkers and
accommodation that may be carried when a vessel is down to her load line marks
• Net Registered Tonnage (NRT):The internal capacity of a vessel
measured in units of 100 cubic feet less the space occupied by boilers, engines, shaft alleys, chain lockers, officer's and crew quarters and other spaces not available for carrying passengers or freight • Classification Society: The professional organizations which vet and certify the strength and seaworthiness of vessel • Flag of Convenience: A flag of convenience ship is one that flies the flag of a country other than the country of ownership
DWT based classification - Crude oil carriers
• Panamax - 50,001 DWT to 80,000 DWT • Aframax - 80,001 DWT to 120,000 DWT • Suezmax - 120,001 DWT to 200,000 DWT • VLCC (Very Large Crude Carrier) - 200,001 DWT to 350,000 DWT • ULCC (Ultra Large Crude Carrier) - 350,001 DWT and Larger
DWT based classification - Product carriers
• Small - 3,001 DWT to 10,000 DWT • Handy - 19,001 DWT to 25,000 DWT • Medium Range - 25,001 DWT to 45,000 DWT • Long Range One - 45,001 DWT...