Marine Transportation Management


Henry S. Marcus
Auburn House Publishing Company
1.5 Mb

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   The past two decades have seen dramatic changes in vessel technology. The first tanker of 150,000 deadweight tons was launched in 1966. The same year, the first fully cellular containership service started in international trade using converted World War II vessels. Now ultra-large crude carriers (ULCC) over 550,000 DWT exist. Huge containerships, roll-on/roll-off vessels, and barge-carrying vessels are now commonplace. Changing vessel technology presents a major challenge to shipping management. Vessels cost tens of millions of dollars and have a physical life of more than 20 years. A change in vessel design for a company may also require a change in port facilities, information systems, and marketing techniques. Shipping managers must carefully evaluate new technologies. They must be ready to adapt to change in order to be competitive, but they must be careful not to choose a technology that cannot be successfully implemented in their market environment. The next 14 chapters deal with many of the vessel technology issues that shipping companies have confronted in recent years. Specific technologies are described along with their economic, regulatory, and political aspects. The rest of this chapter is devoted to providing the reader with an overview of the shipping industry, as well as the format of the book.

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