AN ANALYSIS OF THE QUALITY AND REDISTRIBUTION OF DRY CAPESIZE TONNAGE

This article analyzes the geographical redistribution of tonnage between trades and the deterioration in quality of large dry bulk carriers that has occurred recently. Only marginal growth has been observed in the quantity of such tonnage, but an increasing concentration of higher quality capacity in the Pacific basin has been detrimental to tonnage trading in the Atlantic basin. This discussion focuses on dry bulk carriers and combination carriers of 80,000 d.w.t. or more using data for 1989 and 1993. After initial exploration of these aging vessels, the discussion turns to change. Alterations in a vessel's name, its flag registry, and of the classification society within which it operates are all seen as indicators of a vessel's deteriorating condition. The article concludes by examining the structure of ship owning. Examples focus on a number of single voyages in coal or iron ore, which illustrate important trends and responses in international seaborne trade.

  • Availability:
  • Corporate Authors:

    Taylor & Francis

    4 Park Square, Milton Park
    Abingdon,   United Kingdom  OX14 4RN
  • Authors:
    • Timmermann, K W
  • Publication Date: 1996-1

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00724396
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 6 1996 12:00AM