COMBINED SHIPS: AN EMPIRICAL INVESTIGATION ABOUT VERSATILITY

Combined ships have been built in order to minimize ballast voyages and to take advantage of the highest freight rates on either the oil or dry cargo market. Their versatility should have been very attractive for shipowners. However, the combined fleet shrunk to a great extent. This paper provides an analysis of the employment of combined ships, how this has been influenced since the 1970s, and how these ships may have influenced oil and dry market balances. The research identifies the decisive role that grain trade seems to be able to play about shifting markets and that combined ships were the largest bulk carriers in the 1970s. It stresses that freight rates are not always the only salient point for a shipowner's decision and considers the importance of combination ships' contribution to shipping markets.

  • Availability:
  • Corporate Authors:

    Taylor & Francis

    4 Park Square, Milton Park
    Abingdon,   United Kingdom  OX14 4RN
  • Authors:
    • Douet, M
  • Publication Date: 1999-7

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00767781
  • Record Type: Publication
  • Contract Numbers: DAAL03-91-C-0034
  • Files: TRIS
  • Created Date: Aug 22 1999 12:00AM