[经管营销]4 Supply_ demand and freight rates.pdfVIP

4. Supply, demand and freight rates 交通运输管理学院 唐丽敏 PDF 文件使用 pdfFactory Pro 试用版本创建 4.1 The shipping market model 4.1.1 The search for signposts l Task of this chapter To look in greater detail at the economic mechanisms which the shipping market uses to regulate supply and demand . l To improve our understanding of what is going on in the market, a consistent way to develop a systematic explanation of market mechanisms is Using supp ly and demand model PDF 文件使用 pdfFactory Pro 试用版本创建 4.1 The shipping market model 4.1.2 Key influences on supply and demand l What is transport demand measured in? l To simplify the model Selecting the most impo rtant factors from many influences as the variable in the model. variables influence demand variables influence supply World economy World fleet Seaborne commodity trade Fleet productivity Average haul Shipbuilding production Political events Scraping and losses Transport cost Freight rates PDF 文件使用 pdfFactory Pro 试用版本创建 4.1 The shipping market model 4.1.3 Dynamic links in the model l The shipp ing market model and its mechanics Fig. 4.1 PDF 文件使用 pdfFactory Pro 试用版本创建 4.1 The shipping market model 4.1.3 Dynamic links in the model (Fig. 4.1) l The freight rate mechanism is the ‘switchbox’, why? † when the ships are in short supply, what will happen ? † when there are too many ships, what will happen? † Changes in freight