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Liquid and Bulk Transportation Vessels Market Trends and Forecast 2016 - 2024

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Liquid and Bulk Transportation Vessels Market: Overview In the entire shipping industry, a bulk commodity is referred to a substance such as coal, iron and grain, which is generally traded in large quantities and has a peculiar character which make
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REPORT DESCRIPTION
Liquid and Bulk Transportation Vessels Market: Overview
In the entire shipping industry, a bulk commodity is referred to a substance such as coal, iron and grain, which is generally
traded in large quantities and has a peculiar character which makes it easy for transportation. A transport system is
generally designed to ensure that all its parts work together as efficiently and in a minimum possible time. Sea transport
is one part of the transportation chain which helps in moving bulk commodities between producers and consumers from
one place to another. Cargo moves through the entire system as a series of distinct shipments. Storage areas acts as a
buffer to allow for timing differences in the departure and arrival of the particular commodity.
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In general a bulk transport system comprises of a sea voyage and two land journeys which could be done through
conveyor, lorry, train and pipeline. Typically, there are four storage areas, the loading port, the discharging port, the
destination, and handling operations as the cargo moves through the entire system. Ships which are considered to be the
part of the bulk transport systems are generally used by the cargo shippers. For instance, the transport system places
constraint on the ship size. Berth length and the depth of water at the both the ports i.e. loading and unloading
determines the maximum size of ship which can be used to transport a particular commodity.
Whether the transport system is for a coalmine and a power station or for a chemical plant and a fertilizer industry, the
main aim is to move the cargo as efficiently and cheaply in a minimum possible time. Every commodity and a particular
industry has certain specific transport requirements and no single system is best suitable for each and every situation.
The basic principle of the bulk transport is that unit costs can be decreased by increasing the size of the cargo. In bigger
and heavier ships unit costs are low, and cargo handling and storage charges are cheaper for high volumes. Thus, the bulk
trades are constantly under economic pressure to increase the cargo consignment size.
Delivery frequency of commodities is very important from the shipper’s point of view and bigger ships requires less
number of trips to deliver the same volume. Cargo handling, does not change with change in voyage distance, and hence
it becomes less important in the unit cost.
Liquid and Bulk Transportation Vessels Market: Competitive Insight and Key Drivers
The bulk transport system comprises numerous participants. Cargo owners stood at first position in the businesses of bulk
cargo transportation on a periodic basis. Their business varies enormously and from customer to customer. Industries
such as paper, steel, pulp and oil refineries, cost-effective transportation of raw materials is very crucial. They require the
cheapest possible transport, whose primary objective is to minimize the cost of transport.
Some of the key drivers of the liquid and bulk transportation vessels market are high requirement of commodities
such as natural gas and crude oil in emerging economies of Asia Pacific such as India and China. Thus, in order to bridge
the demand supply gap liquid and bulk transportation vessels are required. High maintenance and operational costs of the
transportation vessels can hamper the growth of the market. Large number of opportunities are there for transportation
vessels as new avenues for business are coming with increase in number of imports and exports.
Some of the key companies in the business of liquid and bulk transportation vessels are Gulf Agency Company, NYK Line,
SEACOR Ocean Transport Inc., Odfjell Tankers AS, Shipping Corporation of India, AGMARK LOGISTICS, INC, COSCO DALIAN
Ocean Shipping Company, BLT Chembulk Group, Toll Holdings Limited, and Shahi Shipping Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data,
and verifiable projections about market size. The projections featured in the report have been derived using proven
research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited to: Regional markets, technology, types, and
applications.
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