Maritime Op Midterm
The international ocean container sizes by ISO are :
20 and 40 ft
Hanjin filed for bankruptcy on:
2016
The total tonnage of deliveries in the Shipbuilding market in 2007 was 22.7 m.dwt, accounting for ___________ of total output
32%
According to the UNCTAD, what percentage of global trade by value is carried by sea and are handled by ports worldwide? 70% 85% 91% or 80%
70%
Which of the following is not a variable of Supply in the Shipping Market Model?
Average Haul
What are the four innovation to transform merchant shipping?
Deep Sea Cable Network, Screw Propellers, Iron Hulls, Steam Engines
Which of the following is not a sector of the Freight Market?
Demolition market
The most important influence on the shipping market are ____________ shocks.
Economic
80% of the tonnage of seaborne trade is associated with the energy and metal industries. Is this statement true or false?
False
According to the Code of Hammrubi, the ships were required to be hired at a variable tariff, depending on the cargo capacity of the vessel. Is this statement true or false?
False
Derived demand is demand for one good or service in one sector occurring as a result of demand from the same sector. Is this true or false
False
For high volume inter-regional cargoes, deep-sea shipping is one of the economic transport between the continental landmasses. Is this statement true or false?
False
Four main aspects to the transport service which contribute to the product 'delivered' by shipping companies are price, speed, just-in-time and security. Is this statement true or false?
False
Freight rate Mechanism links World trade and Freight market. Is this statement true or false?
False
Freight rates are the secondary influence on ship prices. Is this statement true or false
False
Hanjin was the world's largest container line before it filed bankruptcy. Is this statement true or false?
False
In 2005, the shipping industry transported 7.0 billion tons of cargo between 200 countries, Is this statement true or false?
False
In the early 1970's, about 88% of the tanker fleet was on the period charter. Is this statement true or false?
False
Shipping today has become more than ever before integral part of the process of globalization (Global Logistics & SCM) under the laws of customers and suppliers. Is this statement true or false?
False
Short-term trends in commodity trade are best identified by studying the economic characteristics of the industries which produce and consume the traded commodities. Is this statement true or false?
False
Supply and demand are determined jointly, with two modules linked by the freight negotiation. Is this true or false?
False
T/F: According to the UNCTAD, Around 90 per cent of global trade by volume and over 70 per cent of global trade by value are carried by sea and are handled by ports worldwide. Is this statement true or false?
False
The Shipping risk is defined as measurable liability for any financial loss arising from foreseen imbalances between the supply and demand for sea transport. Is this true or false?
False
The modern international transport system consists of roads, railways, inland waterways, shipping lines and pipeline. Is this statement true or false?
False
The transport network consists of node, mode and railroad. Is this statement true or false?
False
There are three types of change in Long-term Seaborne Commodity trade: changes in the demand, changes in the source from which supplies of the commodity are obtained and changes due to a relocation of processing plant. Is this statement true or false?
False
Shipping industry developed new system, which are passenger liner, cargo liner and bulk liner. Is this statement true or false?
False: Passenger liner, cargo liner, and spot
5 specialized shipping services
Liquified gases, chemicals, cars and wheeled vehicles, refrigerated cargoes, forest products
The Cargo fleet categories are:
Non-cargo, general cargo, bulk, specialized cargo
What are the Stages in a typical Shipping cycle?
Recovery, Collapse, Tough, Peak
Which of the following is not a variable of Demand in the Shipping Market Model?
Shipbuilding production
The demolition market is also called:
The Recycling Market
The two aspects to change in demand for sea transport are ________________ and Business cycle.
Trade Development Cycle
Dead weight tonnage is the weight (in tons) of all the cargo, fuel, dry provisions, supplies, etc. carried on board the ship. Is this statement true or false?
True
Port to port service, short-sea ships are smaller than deep-sea ships. T/F?
True
The US domestic container size is 53 feet and 48 feet. Is this statement true or false?
True
The Worldscale index is used as a way of negotiating the freight rate per barrel of oil transported on many routes. Is this statement true or false?
True
The cash earned in the freight market is the primary motivating force for other activities. Is this statement true or false
True
The demand for transport is a derived demand. Is this statement true or false?
True
The three components of economic cycles are long term cycle, seasonal cycle, short term cycle. Is this statement true or false?
True
Three zones in the international transport system are inter-regional, short-sea and Land. Is this statement true or false?
True
Tramp shipping is a spot voyage to carry bulk cargoes such as coal and grain. Is this statement true or false?
True
The four types of contractual agreements commonly used are: voyage charter, time charter, tourist charter and bare boat charter. Is this statement true or false?
false
The contract of affreightment is where The shipowner agrees to carry a series of cargo parcels for a ____________ price per ton.
fixed
In 1996, the Shipbuilding output was _______ 2007's output of 9%.
higher than
When freight rates go up, shippers ______ and owners ______ and vice versa
lose, gain
The Ton mile is the tonnage of cargo _____________ the average haul.
multiplied by
A Bare boat charter agreement is when:
the ship owner pays the capital costs alone, charterer pays the rest.
