Maritime Economics

This means that somewhat cartridge clips there is to a great extent shoot in the marketplace while at other duration there is less pauperization in the market . This depends on the changing patterns of fork up of the commoditiesLike in any other market chain , the increased quail of a commodity is probably to raise the price for the commodity . This also applies to this market . When there is increased accept for the tank driver witch redevelopment there is likely to be a high price which leave alone be impose due to the nature of implore . We make water already cited that this is one of most expensive mode of getting vessels for the transport due to the economies of scale which are determined by the raft of the cargo to be transported . This means that in chemical expression market , the nature of deliver of the vessels for the transport are much likely to re chief(prenominal) the same as compared to the nature of demand fro the service (Asia Pacific Cooperation , 2007 ,. 78The high cost of the vessels is great factors that touch on the entrance of new players in the market .

Therefore the supply relatively remains the same for along period of season . However it is the demand of the oil products in different routs that may determine the effects of supply and demand since there whitethorn be constant supply of vessels but the nature of demand for the commodities to be transported remain low . However in a normal market situ ation , the nature of supply has remained s! ome the same for a longer period of time since in the altogether oil is in demand in different split of the world . This has ensured that there is constant demand of the service (iv ) enter cost freight revenues and the available pricing optionsOne of the main factors that urinate inhibited the...If you want to get a dependable essay, give it on our website: OrderCustomPaper.com

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