Pres 6 Og 7 Flashcards
What is deep sea shipping?
This is often big ships being used to transport. Also called intercontinental shipping meaning they travel between continents
What is short sea shipping ?
Smaller ships also transporting goods but in a smaller scale. Often in the continent where the ship is stationed.
How are ships categorizing?
They are selected and categorized based on their cargo
Dry bulk transports ?
Iron, coal
Oil tanker transports ?
Raw oil
Parcel tanker transports?
Oil products such as gasoline, diesel
Chemical tankers transport?
Edible fluids such as oil, vin, juice
Supply vessel transport?
Supplies to offshore installations
What kind of dimensions can shipping companies compete in?
Price
Speed
Reliability
Safety
Three different sea transport categories ?
Bulk
Specialized transport
General cargo
What is globalization ?
Process where different kind of organizations develop an international influence on the market worldwide. This is for example brands where you can find in all continents such as Nike, Coca Cola, apple etc.
What does GBP stand for and what does it mean
Gross domestic products
The total value of goods and services provided in a country during a year. How much an economy produces every year (Services AND goods)