Since the decline in sea ice north of Russia became clear in the early 1990s, ideas of using the northern route for sea transport between Europe and Asia have taken a hold of the shipping community. Large and small research projects with varying complexity and results have looked into this option. In this article, the available information is studied in detail and four scenarios for the costs a…
This paper shows the possibility that, as a simple average, BDI occasionally over- or under-states the status of global dry bulk freight market. In order to overcome this shortcoming, this paper suggests an alternative method of calculating new index by using a common stochastic trend model. This econometric approach to understanding the dynamics of dry bulk freight markets not only provides ne…
The world bulk shipping market has been in a peak period since 2003, and this has lasted an incredibly long time considering that the markets are much more complex than before. This paper investigates the characteristics of volatility in dry bulk freight rates of different vessel sizes (capesize, panamax and handysize). The daily returns of freight rate indices of three different types of bulk …
A multi-purpose cargo terminal in a seaport contains necessary infrastructure to handle different types of cargo, such as container, dry bulk, general bulk, and Ro-Ro. Since such terminals generally have dedicated areas and equipment for different types of cargo, berth, and yard operations for each type of cargo can be considered separate. On the other hand, trucks that carry all types of cargo…
The purpose of this study is to determine the most often preferred charter types by Turkish general cargo and dry bulk shipowners and investigate the criteria which affect and determine the selection of charter types. In the study, the methodology utilized constitutes literature review, in-depth interview and survey. The data gained through the survey was processed, through which the means wer…
A dry bulk terminal acts as a multi-modal interface for transhipping iron ores. Stacker reclaimers are the dedicated equipments in storage yard for iron ore handling. Both unloading and loading processes are supported by stackerreclaimers in most cases. The operation efficiency of dry terminals heavily depends on the productivity of stackerreclaimers. This paper discusses the stacker-reclaimer …
Since the late 1980s the ILO has supported the implementation of effective portworker training through the provision of generic training materials under its Portworker Development Programme (PDP). The programme is to be extended to include the major dry bulk trades, initially focusing on iron ore, coal and phosphate rock. In 2010 a study was conducted to gain an understanding of the organisatio…