THIS
IS THE DAY THAT THE LORD HAS MADE. This is the song that I've sung
this morning, because for the first time here I've cooked and eat
rice, for the first time. It's an Egyptian Rice, its quite different
from Philippine Rice, it's shorter. But best thing is my breakfast
is with rice. I've finished 3 plateful of it. Feel at
home for the first time here. The thing I have noticed is for you
not to feel homesickness is to eat and do things you usually do at
home. That helps a lot. Anyway lets move on.
Our topic for today was
about Cash Flow in Shipping Market, just perhaps you want to start
your own shipping lines. There are factors that affects it, and
those are the In's and Out's of the company. Those factors are as
follows:
| THE
OUT'S IN THE SHIPPING INDUSTRY |
| Operating
Cost |
|
Define as |
|
|
---> |
Crew Numbers |
|
---> |
Crew Wages |
|
---> |
Lubricants |
|
---> |
Repair and
Maintenance |
|
---> |
Insurance
and Administration |
| Voyage
Cost |
|
Define as |
|
|
---> |
Fuel
Consumption |
|
|
Main Engine |
|
|
Auxiliary
Engine |
|
---> |
Fuel Price |
|
---> |
Speed |
|
---> |
Port
Charges |
|
---> |
Canal Dues |
|
---> |
Tugs and
etc... |
| Capital
Cost |
|
Define as |
|
|
---> |
Capital
Repayment |
|
|
Size of
Loan |
|
|
Length of
Loan |
|
|
Moratorium |
|
|
Currency |
|
---> |
Interest
Payments |
|
|
Source of
Loan |
|
|
Size of
Loan |
|
|
Market
Interest Rates |
|
|
Terms of
Loans |
| Cargo
Handling Cost |
|
Define as |
|
|
---> |
Cargo Type |
|
---> |
Ship Design |
|
---> |
Cargo
Handling Gear |
|
---> |
Unitization |
|
---> |
Organization
Skill |
| Taxes |
|
Define as |
|
|
---> |
Taxes |
|
---> |
Dividend |
| THE
IN'S IN THE SHIPPING INDUSTRY |
| Ships
Revenue |
|
Define as |
|
|
---> |
Cargo
Capacity |
|
|
Ship Size |
|
|
Bunkers and
Stores |
|
---> |
Ship
Productivity |
|
|
Operational
Planning |
|
|
Backhauls |
|
|
Off Hire
Time |
|
|
Dwt
Utilization |
|
|
Port Time |
|
---> |
Freight Rate |
|
|
Market
Balance |
|
|
Quality of
Service |
|
|
Competition |
Did you find it easy? Yeah,
its quite easy as it looks but, at least you must have ideas on the
terminologies used here. If you have knowledge in financing you find
easy for you to coup up with.
After the class we go to the beach, we just enjoyed the view with
people fishing its nice, I hope I have my own fishing rod so that I
can fish also. Anyway just imagine yourself in our place fronting
the Mediterranean Sea, seeing those young people doing surfing. Fun
isn't it? Okey, my hands are tired see you tomorrow.
|