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The Relationship Cost and ship size.
Shipping is about moving cargo, so the economic focus is: unit cost, cost per ton, per TEU or per cubic metre. Bigger ship reduces the unit freight cost. #MaritimeEconomics #MartinStopford
The cost of running Ship,
5 group of cost:
(1) operating costs;
(2) periodic maintenance; (3) voyage costs;
(4) capital costs.
(5) Cargo Handling
#MaritimeEconomics #MartinStopford
There are two cost-related principles; (1) cost and age; (2) cost and size.
Cost and Age:
As the ship ages, its capital cost reduces, but its operating and voyage costs increase relatively.
#MaritimeEconomics #MartinStopford
Ahoy, Knowledge Seekers! ⚓🌊
Discover the astonishing world of #maritime economics: did you know that ships are not just vessels, but high-value assets worth millions? 🚢💰
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World Maritime University
WMU
is looking for:
➡ Assistant / Associate Professor of Maritime Economics
Apply before: 2024-02-15
academiceurope.com/job/?id=2725
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Honored to give lecture today at alma mater on #MaritimeEconomics in Prof T Loch #EnergyTransportEconomics at Baker Institute Rice University #ECON622 Karatzas Marine Advisors & Co. #Houston #shipping #energy
Maritime Economics schooldepot.co.uk/B/9780415275583 #Martin Stopford #Stopford #Martin #MaritimeEconomics #isbn_978041527