StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Shifts In Maritime Transportation Industry - Case Study Example

Comments (0) Cite this document
Summary
Maritime commerce has played an important role in human commercial activities. The paper "Shifts In Maritime Transportation Industry" discusses the cyclic nature of the maritime transportation industry and the role of the global geopolitical environment on its dynamics…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful
Shifts In Maritime Transportation Industry
Read TextPreview

Extract of sample "Shifts In Maritime Transportation Industry"

Download file to see previous pages The present slow down of the industry in the developed world gives rise to this pessimism however, the forecast for the developing world produces a completely contrasting picture.
Maritime transportation is intricately linked by the means of transportation i.e by the shipping industry. Thus the health of the shipping industry gives a fair picture of the state of the transportation industry. After the end of the Second World War, The United States was the leading country in maritime transportation. The remarkable Marshall Plan saw the rebuilding of a shattered Europe in which seaborne commerce played an important role. Transportation of oil as also other goods increased manifolds. Closure of the Suez Canal in 1956 caused a short term downswing, but also helped add impetus to the shipping industry as the oil now had to come around the Cape of Good Hope thus increasing the capacity and capability of the maritime transportation sector. Between 1957 and 1973, the West's domination of the maritime transportation industry was challenged by Japan who became the industry leader. In that period the transportation industry was very much a 'sunset industry' as far as the Europeans and the Americans were concerned but a 'sunshine industry' for Japan. The OPEC oil embargo of 1973, caused a sudden glut of oil tankers which had no cargo to carry. Consequently, the maritime transportation industry suffered badly. The Japanese shipbuilding industries suffered heavily and in the intervening vacuum, the South Koreans stepped in to claim their stake in the global maritime transportation pie. China and Singapore too joined the race. The maritime transportation industry today is characterized by some important factors shaping the world. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Shifts In Maritime Transportation Industry Case Study”, n.d.)
Shifts In Maritime Transportation Industry Case Study. Retrieved from https://studentshare.org/business/1525326-maritime-transportation-industry-essay
(Shifts In Maritime Transportation Industry Case Study)
Shifts In Maritime Transportation Industry Case Study. https://studentshare.org/business/1525326-maritime-transportation-industry-essay.
“Shifts In Maritime Transportation Industry Case Study”, n.d. https://studentshare.org/business/1525326-maritime-transportation-industry-essay.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Shifts In Maritime Transportation Industry

Maritime Industry

...? Maritime Industry Word Count: 2000 (8 pages) As fledgling ship operator you are about to take delivery of a brand new 65.000 tonne deadweight bulk carrier, for which you have secured a year-long charter to complete voyages between Indonesia and Japan. ? ?In 2000 words(+/-10%) Please answer the following question: ?? 1- With regards to your ship type and trading pattern investigate the background of this trade, the cargoes that could be carried. ??(528 words) According to the “Japan-Indonesia Economic Partnership Agreement: Joint Study Group Report” (2004), “Both sides emphasized that one of the main purposes of the Japan-Indonesia EPA is to pursue expansion of investment from Japan to Indonesia through the improvement of investment...
8 Pages(2000 words)Assignment

Maritime Transportation in Arabian / Persian Gulf

...? Maritime Transportation in Arabian Persian Gulf Introduction The fragile and vulnerable eco system of the Persian Gulf has been largely due to the environmental degradation caused by the accidental or deliberate oil spills caused by the oil producers surrounding the Gulf region. Background Sea Star Oil Spill The accident of Sea Star Super-tanker took place in 1971 due to its collision with Horta Barbosa, the Brazilian tanker in the Persian Gulf. Both the tankers caught fire due to the collision and Sea Star spilled about 35.3 million gallon of crude oil in Persian Gulf. Although rescue attempts for the Sea Star was made, the super tanker sank into the Persian Gulf after several explosions followed by huge volume of oil spill...
15 Pages(3750 words)Research Paper

Maritime Transportation Industry

...MARITIME TRANSPORTATION INDUSTRY: SUNSET INDUSTRY Submitted by: Submitted Submitted] TABLE OF CONTENTS I.0 INTRODUCTION 3 2.0 PROBLEMS 2.1 High Cost of Delivery due to Ship Damage and Preventive Maintenance 3 2.2 Instability of the Maritime Transport Industry 4 2.3 Restrictive Shipping Practices 5 2.4 Piracy 5 3.0 CONCLUSION 6 1.0 INTRODUCTION According to Roberts (1993), people from different civilizations were lured by the high seas and used ships for both trading and conquest. The maritime industry goes a long way back in 3,200 B.C when coastal sail ships from Egypt dominated the seas. According to Schleishwig-Holstein (2005...
4 Pages(1000 words)Essay

Maritime Transportation Security Act

... crisis, widespread shortages and rampant price gouging by the energy industry. While estimates of the economic cost of a terrorist attack on the maritime transport system vary depending on the many variables involved and assumptions used, the stakes are clearly enormous (White, 2002; McCrie, 2003; DHS, 2005). On the other hand, multiplying the bureaucratic requirements can make the problem worse. A proposed solution revolves around a simpler conceptual framework to maritime security that would ensure minimal loss of efficiency in the system: (1) emphasize risk assessments focused on the threat and consequences of a terrorist attack rather than vulnerability; (2) increase attention to continuity of operations to enable the maritime...
6 Pages(1500 words)Essay

E-commerce & it // maritime industry

... E-commerce is gaining momentum in the current global market. E-commerce coupled with information technology (IT) is becoming the current trend and in maritime industry, it is changing the ways things are conducted. In United States, e-commerce is growing at a steady rate. In 2000, sales from e-commerce were $27.6 billion and in 2011 the sales from e-commerce were $46.0 billion. The major drivers of ecommerce are technological factors, political factors, social factors and economic factors. The impact of e-commerce on maritime is significant; it has affected the physical distribution systems and the mode and speed of business transactions. EDI is one of the latest technologies being used in the maritime industry. E-Commerce...
6 Pages(1500 words)Essay

Maritime transportation

...Maritime Transportation With employment opportunities for over a million workers and a significant contribution to Singapores GDP, the maritime industry is a formidable force in the progress of Singapores status as the most favorable country for business ventures in Asia. It is crucial to evaluate the reasons and factors that are essential for the growth of Singapore in coming years. Introduction on Singapore’s Maritime Transport Singapore is a home to one of the world’s fastest growing maritime industries. It is a home to over 4,400 shipping companies. The maritime industry contributes about 7% to Singapore’s Gross Domestic Product and provides employment for over 100,000 workforces. It was forecasted to rise between 6.5-7% per annum over...
6 Pages(1500 words)Essay

Research project on Maritime transportation

..., the Love Boat decided to opt to the idea of luxury exploration, apart from the usual transport ability. Therefore, in order to revive this nature of maritime transport, the Love Boat made it more luxurious in order to capture the interest of those who wanted to travel in luxury or was going to vacation, and this was in influence by the year 1970s. Following this, there was a growth in the cruise ship vocational travel in all social classes. Casinos, Ocean Viewers, Pools and onboard entertainment were all available on the cruise ships. Crowning it all, even today, larger vessels are in construction continually in the cruise ship industry in order to meet the fast growing population. Research Problems encountered following...
12 Pages(3000 words)Research Paper

Transportation industry

...Transportation industry due: Part one Industrial growth is a situation where the industry isgrowing in earnings and/or revenue faster than the growth of the overall market. Usually growth industries contain a great number of growth stocks. I am of the opinion that in United States industrial growth began in the states in the early 1800’s, and it steadily continued to and through the civil war. After the civil war, the American industry drastically changed. Hand labor was replaced by machines as the main manufacturing mean increasing the production capacity of industries tremendously (Barden, 2011). Part two The groundwork for the industrialization and rapid postwar economic growth of America was laid by civil war, stimulated by state...
2 Pages(500 words)Essay

Japans Transportation Industry

...How accurate is the argument that national economic success rests on leadership in systems of production and operations management? BODY (JAPAN V.SUS – compare the production and operation management) Management techniques In the year 2002, Japan’s transportation industry had to motivate their employees in order to improve their production. The management of the country ensures that it provides training to its staff to update their skills. On the other hand, the US managers in most companies are using management by objective, for instance, Coca-Cola Company ensures that it direct the operations of its employees towards the set objectives. Production is another approach that Japan, uses to realize success in its economy... accurate is...
3 Pages(750 words)Essay

A Short History of Japanese Film Industry

The response generated from other regions is good enough yet questionable. What do these Asian productions have that attracted the international scene? What does the Korean wave really mean? Furthermore, were their productions in the recent years created in the nature that the other regions would appreciate, diverting from the contemporary film style they used to execute locally so that it would sell in the global market?

The transition from traditional to contemporary entertainment in Japan came a few years before the advent of the 20th century with the production of the first Japanese films, Bake Jizo1 and Shinin No Sosei2, both said produced in 1898. The next year, a short production entitled Geisha no Teodora was cr...
9 Pages(2250 words)Case Study

The Growth of the Service Industry

The expansion of the service sector has unquestionably generated economic prosperity, but it has eminently contributed to social injustice and inequality. Consequently, I believe that while the growth of the service industry has great economic intuition, it is eventually socially detrimental and distancing society from achieving paradigms of social equilibrium.
Service, by definition, is the exchange of a commodity that has no tangible form; whereas industry is described as the people or organizations engaged in a particular type of enterprise. The service industry is then simply defined as an aggregation of commercial entities that provide services rather than physical objects. The non-material nature of services can be dist...
9 Pages(2250 words)Case Study

Significance of Maritime Transportation

The Maritime Administration is executing a leading role in relieving congestion in US ports, which assists in easing the congestion all over the national transportation system. Strategically planned utilization of marine highway has to lead to reduce stress on the overall transportation system in order to facilitate highways to bear a load of the amplified traffic that is anticipated in the approaching decades. The exceptional and imaginative utilization of vessels and other resources has enthused significant opinion about how waterborne transportation assets be capable of filling imperative transportation gaps and be utilized as recovery assets. Marine transportation is essential if an occasionally less publicly visible element o...
6 Pages(1500 words)Assignment

The Effects of Financial Crisis on Supplier Selection Criteria of the Oil and Gas Industry Equipment Market

It is a difficult task to find those vendors who not only have the adequate quality and quantity of the needed raw materials but who also have an attitude of efficiency and display commitment to customer service (Sonmat, 2006). Further, organizations also strive to locate and select vendors who can be depended upon for long term relationship.

The number of factors or attributes desired from the vendor is vast, and different organizations and different industries place different importance on the attributes (Sonmat, 2006). Some of the vendor attributes may gain importance owing to the nature of the industry, for example, in the case of consumer perishables suppliers, like fresh vegetables or fruits, the buying firm would...
20 Pages(5000 words)Literature review

Structure of the Educational System in Morocco and Its Capacity for Addressing the Needs of the Hospitality Industry

...Independent Research Study An investigation into the Structure of the Educational System in Morocco and its Capa for Addressing the Needs and Expectations of the Hospitality Industry in the Country Submitted by : Submitted to : Course : Date : September 29, 2009 Word Count : 3,069 words STATEMENT OF AUTHORSHIP “I confirm that no part of this work, except where clearly quoted and referenced, has been copied from material belonging to any person e.g. from a book, handout, another student. I am aware that it is a breach of GIHE regulations to copy the work of another without clear acknowledgement and that attempting to do so render me liable to disciplinary procedures.” ________________ Table of Contents I. Consultant’s Brief 4...
15 Pages(3750 words)Research Proposal

Risk Management in the Airline Industry

With revenues in excess of ₤9 billion and a fleet of 245 aircraft as of March 2009, Heathrow-based BA’s risk management strategies provide an excellent example.
b) easyJet Plc, a Low-Cost Carrier, flying to more than 100 destinations in Europe, UK, and Northern Africa, and clocking over 50 million seats, with revenues of ₤2.4 billion in 2007-08 [2]. Covering over 380 routes with a fleet of 165 aircraft as of September 2008, Luton-based easyJet’s risk management strategies provide another excellent example with a different set of policies.

The airline industry, internationally, is characterized by its exposure to substantial operational and financial risks. Financial risks result in uncertainly in key pa...
6 Pages(1500 words)Case Study

Economic Analysis on BMW Cars in the US Car Industry

Mini and the 1-series rapidly grew at a much higher rate through 2008. Since the early days of the new millennium, BMW has been one of the first automakers to utilize flexible factories in which more than one vehicle model could be produced at the same time. This enabled the company to meet shifts in market demand more effectively than BMW’s competitors could. BMW challenges to retain its market position in the international market for luxury cars. Many automakers, such as Hyundai with its Genesis sedan or Nissan's Infiniti brand are increasingly successful in realizing higher margins earned on luxury vehicles. BMW is rated behind luxury brands such as Lexus, Porsche, Mercedes, and Infiniti for these reasons

1. Th...
7 Pages(1750 words)Case Study

Management Theory and Practice in the Early Childhood Education Industry

...Management Theory and Practice in the early childhood education industry This Report applies management theory into practice in the early childhood industry, especially in the context of women leaders. Management issues play a significant role in the academic sector, because early childhood professionals need higher levels of motivation in order to avoid burnout . As pointed out in a study by Osgood and Halsall (2007) where they carried out research to examine the position of women in leadership or management positions, a “glass ceiling” exists for women in the academic setting, which could significantly impair motivation. Since many of the individuals employed in the early education sector are women, addressing this issue is even more...
6 Pages(1500 words)Coursework

The Key Macro Factors that Have Influenced the UK Grocery Retailing Industry since the Early 1960s

...1. Assess the key macro factors that have influenced the UK grocery retailing industry since the early 1960s. The concept of organisational change is inherently intertwined with external threats and opportunities, which businesses must adapt to as part of strategic planning to continue long term growth. Senior and Fleming argue that the concept of organisational change has many faces, namely “convergent changes and transformational change that is organisation wide and characterised by radical shifts in strategy, mission values and associated changes of structures and systems” (In Thompson & Martin, 2005, p.41). Moreover, Johnson et al highlight that external macro-economic factors intrinsically impact strategy management and without...
13 Pages(3250 words)Assignment

The Trends in the Steel Industry and How It May Impact Nucor Corporations Strategy

The whole organization at Nucor’s revolves around the laid principles and focus on reinforcing to the extent that the organization is known for its culture and quality. Simultaneous quality checks and adherence are also as important building a strong culture for the organizations.

Nucor Corporation has always tried to challenge itself for further progress and to keep abreast of the industry of steel business.

Let us look at the trends observed in the business of the steel industry. The trend in the steel industry is very dynamic and always impacted by internal and extraneous factors. For almost 50 years the United States of America reigned in the industry of steel production, almost half of the entire p...
8 Pages(2000 words)Case Study

Analysis of the Oil Industry

In 2001 alone, the US reported earning from the industry close to two hundred billion US dollars. According to a previous study, the middle east tops the list as the largest exporters of crude oil taking over sixty-six percent of the global production of oil. Europe is the least producers of oil taking only two percent of the market share (Green, 4).
According to the American Association of Petroleum Geologists, the major problem facing the industry is lack of workforce and the increase in demand for oil. The report indicated that by 2030, the world’s oil demand is expected to increase from one hundred and three to one hundred and thirty million barrels per day. Natural gas, on the other hand, will expectedly increase t...
7 Pages(1750 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Shifts In Maritime Transportation Industry for FREE!

Contact Us