Shipping Rates

Shipping Rates THE THEORY OF FREIGHT RATES An astonish assortment of goods are moved over the worlds ocean switch over routes. Of necessity, the carriers charge for the service they render. These charges vary almost as widely as do the cargoes, for they mirror both the shipowners greet and the special conditions prevailing on the trade routes traversed by the ships. ocean charge rates may be described as the prices charged for the services of water carriers. Each ship factor develops its own rates, usually without consultation with the shippers.

The charges reflect the cost of providing the carriage, the value of this service to the owner of the goods, the ability of the merchandise to sustentation the expense of transportation, and economic conditions in general. Freight rates sincerely reflect the working of the laws of supply and demand. In tramp shipping, particularly, it is feasible to observe how these factors influence the rise or fall of freight rates from day to day and from carg...If you want to get a full essay, order it on our website: Orderessay

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