{"title":"METHODOLOGICAL BASIS FOR DETERMINING THE RANGE OF THE FREIGHT RATE IN TRUMP SHIPPING","authors":"T. Timchenko, G. Aslanov","doi":"10.34046/aumsuomt105/15","DOIUrl":null,"url":null,"abstract":"Trump shipping, despite large quantitative and qualitative changes in the composition of the world fleet, the \nemergence of new forms of organization of maritime transport, continues to be one of the most important elements \nof international trade. The global freight market for tramp tonnage is a market of perfect competition for \nthe following reasons: a large number of sellers and buyers of homogeneous products independently operate \non it; each of them cannot significantly affect the level of freight rates and has fairly complete information \nabout prices and costs. Due to the fact that tramp ships are not associated with a specific navigation area and \ngo where there is a need, the tramp market is sensitive to changes in supply and demand, it is characterized by \nsignificant fluctuations in freight rates. In this regard, the research topic is relevant. \nWithin the framework of the article, the authors propose a methodical approach to determining the possible \nrange of freight rates in tramp shipping, taking into account the input parameters of the upcoming voyage and \nthe current state of the freight market. The practical calculations carried out allowed us to conclude that today \nfor ships of the size \"Handymax\" in the geographical section of the Black Sea-Mediterranean Sea, the gap \nbetween the minimum and maximum possible freight rates for ships of the same age can reach four dollars per \n1 ton of cargo","PeriodicalId":19521,"journal":{"name":"Operation of Maritime Transport","volume":"108 1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Operation of Maritime Transport","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.34046/aumsuomt105/15","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Trump shipping, despite large quantitative and qualitative changes in the composition of the world fleet, the
emergence of new forms of organization of maritime transport, continues to be one of the most important elements
of international trade. The global freight market for tramp tonnage is a market of perfect competition for
the following reasons: a large number of sellers and buyers of homogeneous products independently operate
on it; each of them cannot significantly affect the level of freight rates and has fairly complete information
about prices and costs. Due to the fact that tramp ships are not associated with a specific navigation area and
go where there is a need, the tramp market is sensitive to changes in supply and demand, it is characterized by
significant fluctuations in freight rates. In this regard, the research topic is relevant.
Within the framework of the article, the authors propose a methodical approach to determining the possible
range of freight rates in tramp shipping, taking into account the input parameters of the upcoming voyage and
the current state of the freight market. The practical calculations carried out allowed us to conclude that today
for ships of the size "Handymax" in the geographical section of the Black Sea-Mediterranean Sea, the gap
between the minimum and maximum possible freight rates for ships of the same age can reach four dollars per
1 ton of cargo
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