
Shipping Econs (Part 8)
Quiz
•
Business
•
University
•
Hard
Siti Marsila
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the freight market primarily trade in?
New ships
Second-hand ships
Scrap ships
Sea transport
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What is the primary focus of the sale and purchase market?
New ships
Second-hand ships
Scrap ships
Freight contracts
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the newbuilding market concerned with?
Trading existing ships
Building new ships
Scrapping old ships
Purchasing second-hand ships
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the demolition market?
Buying new ships
Selling second-hand ships
Scrapping old ships
Trading in sea transport
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two types of transactions in the freight market?
Time charter and voyage charter
Demolition and newbuilding
Bare boat charter and contract of affreightment
Freight contract and time charter
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Under a voyage charter, what does the shipowner contract to do?
Hire the ship by the day
Carry a specific cargo for a negotiated price per ton
Compensate the charterer for future changes in freight rates
Scrap the ship after a certain period
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a contract of affreightment?
To hire a ship for a fee per day, month, or year
To carry a specific cargo for a negotiated price per ton
To compensate each other for changes in freight rates
To hire out a ship without crew or operational responsibilities
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