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JNB534 Commercial Ship Management
Questions:
Question 1
Liner shipping companies are facing several challenges in the present business environment.
Explain at least seven challenges and discuss the strategies that they can use to overcome them.
Use real-world examples to support your discussion.
Question 2
a) Why do ships leaving Australia carry so many empty containers? Discuss the impact this
imbalance in trade has on the entire supply chain.
b) With the aid of examples discuss how shipping companies can reduce costs
associated with empty container reposition?
Question 3
MV Nani is a Post Panamax-sized bulk carrier owned by Zakah Shipping Company. Details of the vessel are as per the attached ship particulars table on page 3 of this booklet. The vessel is currently under a consecutive voyage charter and the owners expect redelivery at Melbourne on
21st November 2021. The owners are considering two options for the ship. Option 1 is a voyage charter carrying wheat from Fremantle (Australia) to Felixstowe (UK). Option 2 is a 65-days’ time charter with delivery at Brisbane (Australia) and redelivery at Rotterdam (Netherlands).
Task (a)
Prepare a voyage estimate and determine the breakeven freight rate based on the following voyage fixture (option 1) for MV Nani:
• 91,000 tonnes wheat in bulk, 10% MOOLOO
• 1 sb (safe berth) Fremantle / 1 sb Port Felixstowe
• LAYCAN 23/26 November 2021
• FIO
• Loading rate: 8,500 tonnes PWWD SHEX
• Discharging rate: 9,000 tonnes PWWD SHINC
• Total commission 5%
In preparing the voyage estimate, assume that the vessel has no draft restriction in any port and the bunkers ROB at Melbourne are 100 tonnes IFO and 20 tonnes MDO.
Task (b)
For Option 1, a voyage charterer is willing to pay a freight rate equal to the breakeven rate calculated as per the fixture details in Task (a) plus 10%.
For Option 2, a time charterer is willing to hire MV Nani at US$ 12,500 per day for a duration of about 65 days.
Delivery is at Brisbane and redelivery at Rotterdam. Total commission is 6%.
Compare the two options and suggest the best employment for MV Nani. Justify your choice with appropriate explanations and calculations.
JNB534 Commercial Ship Management
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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.
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