Caribbean Maritime UniversityThe Highest Studies School of the Merchant Marine
Academic Vice RectorySubject: Marine Transportation
Facilitator: MSc. Omar A. Varela
Concept Maps of the Four Shipping Markets
Master Mariners Officers:Adaff Benavides Luis Fernández José Hernández Joaquín Pérez
Carlos González
1
The Four Shipping Markets
2
Shipping Markets
1. The New Building Market
3
2. The Freight Market
4
3. The Sale and Purchase Market
5
Procedures
Transactions by shipbrokers
Marketing the vessels
Prices and conditions
Memorandum of agreement
The closing
Inspection
Memorandum of Agreement
(MOA)
Freight rates Age
InflationShipowners expectations
Sales and purchase brokers
Characteristics and recent sales
Basic methodology
Participants
4. The Demolition or Scrap Market
6
Demolition or Scrap
Market
Bibliography
7
International Commerce and Shipping Business, first edition, 2012, Omar A. Varela
Maritime Economy, second edition, 2003, Martin Stopford