Paper 1 uses Kondratieff wave (K-wave) strategy to present the behavior of containerization through different stages. The five waves of K-wave display the evolution and importance of containerization, with supporting data of global trade and container throughput. It shows that containerization has a cyclic behavior that may spread to a specific port or port range. It is related to the topic as it gives the general information about containerization and its importance in the trade. Meanwhile, it also points out that container volume is correlated to the development of container port by remaindering to consider the choice of port in the research. Paper 2 is an econometric analysis about to investigate if the variation of the container freight rate is influenced by the services of container transportation and container fleet volume. It collects past two decades’ world container…
Intermodal Transportation When driving the coast lines near large shipping ports the use of intermodal transportation can be an impressive sight, especially as a young child. Those who grew up along coastlines as can recall seeing these massive containers scattered about closely resembling large Lego bricks. The ease and stack ability intermodal containers bring to the logistics environment allows for fluidity in shipment around the globe. The popularity of intermodal containerization is to…
Introduction For my next few weeks of training we still focused on safety and how to implement different types of safety plans and precautions. And how it can affect the operators and them working safely and in a proficient manner. So for another part of my initial training for Assistant Supervisor was focused on loads and different types. Ranging from containers exports and domestic loads and, their arrangements. For some of the different loads there are different requirements that has to…
Terrorism remains an ever present threat in the U.S. Critical infrastructure and key resources (CI/KR) will continue to be enticing targets for terrorist activities for a number of reasons, including their economic impact (e.g. 9/11), symbology (e.g. U.S.S. Cole) and their psychological impact to a surrounding city or nation. Asymmetric in nature, terrorist seek to cripple their enemies by attacking components of a larger system. For example, in her 2002 report for Congress, Gail Makinen…
To start with, a proper definition given for liner shipping would be: “the service of transporting goods of high-capacity, ocean-going ships that transit regular routes on fixed schedules” World Shipping Council (2017). Nowadays there are almost 400 liner services in operation, most of them providing weekly departures from different ports. Liner vessels in the form of containerships and RORO ships carry about 60 percent of the merchandise by value moved internationally by sea each year. There to…
With the expansion of maritime and intermodal transportation, older ports with limited real estate must remain possible options to move cargo. There are some ways, in which the older ports like Baltimore, Philadelphia, and others with limited real-estate available for expansion would be able to compete with bigger newer ports. Improvements would be critical in improving the ports productivity to compete with the newer larger ports. The majority of ports and terminals were built for a volume of…
Introduction The cargo shipping industry is an international business commerce. It is included four main segments: container shipping, roll-on and roll-off, bulk shipping and tanker shipping. The top 15 success industries focus their business on Asia-Europe and Asia-North America shipping lanes, which accounted for approximately 80% (‘Case Study: Meli Marine’ 2015). Meli Marine, another shipping industry in Singapore, has already been attracted to expand their international business into the…
With the mission statement “We move global trade,” Hanjin Shipping Co. Ltd is Korea’s largest and one of the world’s top ten container carriers. Hanjin Shipping operates approximately 60 linear and tramper services around the world, transporting over 100 million tons of cargo annually. The Company commands different types of vessels including 170 container vessels, liquefied natural gas (LNG) carriers, bulk carriers, and oil tankers. As a marine transportation services provider, Hanjin Shipping…
The reliance of the national and world economies on the global supply chain make them vulnerable to any number of incidents, including deliberate attack, natural disasters and accidents. Furthermore, the supply chain’s existence on both land and sea require several different modes of transportation to function properly. Each of these different modes of transportation present unique security challenges, which must be addressed in order to ensure the efficient flow of goods across the globe. Of…
gets the first down payment around 20% from customers (port operators) at the signing of the contract, then another 20% after the drawing/design done, and another 10%-40% after the free on board (FoB). Hence, around 90% of the product price are able to be paid before the product is delivered. Using this payment system, Gaussin are able to pay the subscontracting agent 30 days after the delivery. Issue in Gaussin : The turnover that less than the order book which amounted to around 20 million…