Intro part 1.1 Flashcards
1
Q
Dry bulk
A
Raw materials
2
Q
Geared container ship
A
Container ship with cranes
3
Q
Gear-less container ship
A
Container ship without cranes
4
Q
LPG
A
Liquefied petroleum gas
5
Q
LNG
A
Liquefied natural gas
6
Q
Supply and demand
A
economic model of price determination in a market
7
Q
Key factors of demand
A
freight rates price second-hand vessels financial resources available access to credit financial forecast
8
Q
freight rates
A
Cost of shipping cargo
9
Q
Shipyard supply is governed by
A
Production costs
Shipyard slipway
Machinery required
Order-book size