Podcast
Questions and Answers
What is the primary characteristic of Neo Bulk cargo?
What is the primary characteristic of Neo Bulk cargo?
- Each pre-packaged unit is accountable (correct)
- It is loaded on a pallet or crate
- It is a type of wheeled cargo
- It is carried in container load units
What is the main difference between a RO/RO Vessel Ship and a LO-LO Vessel Ship?
What is the main difference between a RO/RO Vessel Ship and a LO-LO Vessel Ship?
- Size of the vessels
- Speed of the vessels
- Type of cargo carried
- Method of loading and unloading (correct)
What percentage of world merchandise exports did manufactured goods represent in 2018?
What percentage of world merchandise exports did manufactured goods represent in 2018?
- 50%
- 68% (correct)
- 40%
- 80%
What is the main reason countries like Japan export mainly manufactured products?
What is the main reason countries like Japan export mainly manufactured products?
What is the recent trend in the Global Supply Chain?
What is the recent trend in the Global Supply Chain?
What is the main reason for the development of larger containerships?
What is the main reason for the development of larger containerships?
What percentage of annual operating costs is attributed to fuel in a standard Panamax containership?
What percentage of annual operating costs is attributed to fuel in a standard Panamax containership?
What is the approximate annual operating cost per TEU for a 10,000 TEU containership?
What is the approximate annual operating cost per TEU for a 10,000 TEU containership?
What is the main expense category that remains constant for both Panamax and 10,000 TEU containerships?
What is the main expense category that remains constant for both Panamax and 10,000 TEU containerships?
What is the advantage of using larger containerships in terms of port charges?
What is the advantage of using larger containerships in terms of port charges?
What is a major advantage of containerization in terms of cargo handling?
What is a major advantage of containerization in terms of cargo handling?
What is a disadvantage of containerization in terms of terminal space?
What is a disadvantage of containerization in terms of terminal space?
Why is there a need for repositioning of containers across the Pacific?
Why is there a need for repositioning of containers across the Pacific?
What is a benefit of containerization in terms of cargo security?
What is a benefit of containerization in terms of cargo security?
What is the impact of containerization on port turnaround times?
What is the impact of containerization on port turnaround times?
What type of goods is suitable for final consumption?
What type of goods is suitable for final consumption?
What are capital goods primarily designed for?
What are capital goods primarily designed for?
Which term refers to goods that are not conducive to packaging or unitization?
Which term refers to goods that are not conducive to packaging or unitization?
What does a dry-bulk carrier transport in Australia according to the text?
What does a dry-bulk carrier transport in Australia according to the text?
In maritime transport, what are manufactured products commonly referred to as?
In maritime transport, what are manufactured products commonly referred to as?
What is the standard height of a 20-foot container?
What is the standard height of a 20-foot container?
Which freight container size is represented by the abbreviation 'TEU'?
Which freight container size is represented by the abbreviation 'TEU'?
What is the significance of a container's unique identification number?
What is the significance of a container's unique identification number?
Which type of container is one foot higher than the standard?
Which type of container is one foot higher than the standard?
What does the 'FEU' abbreviation stand for in the context of containers?
What does the 'FEU' abbreviation stand for in the context of containers?
The majority of international trade in value consists of bulk cargo.
The majority of international trade in value consists of bulk cargo.
RO/RO vessels are designed to carry containers on pallets.
RO/RO vessels are designed to carry containers on pallets.
The growth rate of manufactured goods has decreased over the past 50 years.
The growth rate of manufactured goods has decreased over the past 50 years.
Countries like Brazil and South Africa mainly export manufactured goods.
Countries like Brazil and South Africa mainly export manufactured goods.
The global supply chain has shifted from a process-based approach to a product-based approach.
The global supply chain has shifted from a process-based approach to a product-based approach.
The Bureau International des Containers et du Transport Intermodal is responsible for issuing owner codes on behalf of the American company Textainer.
The Bureau International des Containers et du Transport Intermodal is responsible for issuing owner codes on behalf of the American company Textainer.
The product group code 'U' refers to a refrigerated container.
The product group code 'U' refers to a refrigerated container.
Each owner code can have up to 1 million unique containers.
Each owner code can have up to 1 million unique containers.
The check digit is used to calculate the total weight of the container.
The check digit is used to calculate the total weight of the container.
The size and type code '45' indicates that the container is a 20 footer of 8 feet 6 inches in height.
The size and type code '45' indicates that the container is a 20 footer of 8 feet 6 inches in height.
About 2,000 containers are lost at sea each year due to bad weather.
About 2,000 containers are lost at sea each year due to bad weather.
A Panamax ship can enter the newer locks of the Panama Canal.
A Panamax ship can enter the newer locks of the Panama Canal.
Handy Size ships are used for liner service.
Handy Size ships are used for liner service.
A Cape-Size ship can fit through the Suez Canal.
A Cape-Size ship can fit through the Suez Canal.
All vessels can enter the locks of the Panama Canal.
All vessels can enter the locks of the Panama Canal.
The term 'Post-Panamax' refers to the ships that could fit through the Suez Canal.
The term 'Post-Panamax' refers to the ships that could fit through the Suez Canal.
Port charges account for 50% of the annual operating costs of a 10,000 TEU containership.
Port charges account for 50% of the annual operating costs of a 10,000 TEU containership.
Annual operating costs per TEU increase by more than one half for a 10,000 TEU containership compared to a standard Panamax containership.
Annual operating costs per TEU increase by more than one half for a 10,000 TEU containership compared to a standard Panamax containership.
Manning costs account for the majority of annual operating costs for both Panamax and 10,000 TEU containerships.
Manning costs account for the majority of annual operating costs for both Panamax and 10,000 TEU containerships.
A 10,000 TEU containership has higher annual operating costs than a standard Panamax containership.
A 10,000 TEU containership has higher annual operating costs than a standard Panamax containership.
Raw materials and agricultural products make up the two primary categories of goods in international trade.
Raw materials and agricultural products make up the two primary categories of goods in international trade.
More than two-thirds of seaborne trade by volume consists of manufactured goods.
More than two-thirds of seaborne trade by volume consists of manufactured goods.
Liquid resources include goods like coal, iron ore, and bauxite that are transported in tanks.
Liquid resources include goods like coal, iron ore, and bauxite that are transported in tanks.
Dry resources are materials in a solid or dry state like grains, which do not include liquid cargos.
Dry resources are materials in a solid or dry state like grains, which do not include liquid cargos.
Manufactured goods represent the largest share in international trade based on their value.
Manufactured goods represent the largest share in international trade based on their value.
Countries now specialize in complete products rather than specific tasks within the production process.
Countries now specialize in complete products rather than specific tasks within the production process.
The value-added to the final product is maximum during the manufacturing and assembling stages.
The value-added to the final product is maximum during the manufacturing and assembling stages.
Asia has witnessed a significant shift of production from Vietnam to Japan.
Asia has witnessed a significant shift of production from Vietnam to Japan.
The global supply chain has shifted from a process-based approach to a product-based approach.
The global supply chain has shifted from a process-based approach to a product-based approach.
The relocation of production facilities is driven by constant comparative advantages.
The relocation of production facilities is driven by constant comparative advantages.
Containers are typically opened at multiple points during transportation.
Containers are typically opened at multiple points during transportation.
More than half of the containers leaving the United States are full.
More than half of the containers leaving the United States are full.
Containerization has increased port turnaround times.
Containerization has increased port turnaround times.
The majority of intermodal terminals are located in urban centers.
The majority of intermodal terminals are located in urban centers.
There is a balance in the number of containers moving between Asia and the United States.
There is a balance in the number of containers moving between Asia and the United States.
The term 'Post-Panamax' refers to the ships that fit through the Suez Canal.
The term 'Post-Panamax' refers to the ships that fit through the Suez Canal.
The approximate annual operating cost per TEU for a 10,000 TEU containership is $2,314.
The approximate annual operating cost per TEU for a 10,000 TEU containership is $2,314.
The incentive to use larger containerships is mainly due to lower manning costs.
The incentive to use larger containerships is mainly due to lower manning costs.
The majority of the annual operating costs for a 10,000 TEU containership are attributed to port charges and manning costs.
The majority of the annual operating costs for a 10,000 TEU containership are attributed to port charges and manning costs.
The principle of economies of scale is not a significant factor in containerized maritime shipping.
The principle of economies of scale is not a significant factor in containerized maritime shipping.
General cargo mainly consists of liquid goods that are packaged or unitized for transport.
General cargo mainly consists of liquid goods that are packaged or unitized for transport.
Maritime transport refers to the transportation of goods and people by land, sea, or air.
Maritime transport refers to the transportation of goods and people by land, sea, or air.
Break bulk cargo is characterized by being carried in containers that are unitized and easy to handle.
Break bulk cargo is characterized by being carried in containers that are unitized and easy to handle.
Capital goods are designed for final consumption rather than for production purposes.
Capital goods are designed for final consumption rather than for production purposes.
In maritime transport, manufactured products are commonly known as specialized cargo.
In maritime transport, manufactured products are commonly known as specialized cargo.
Neo Bulk cargo is typically carried in container load units.
Neo Bulk cargo is typically carried in container load units.
Bulk cargo is transported in a different manner than General cargo.
Bulk cargo is transported in a different manner than General cargo.
The trade volume of manufactured goods has decreased since 1950.
The trade volume of manufactured goods has decreased since 1950.
Industrialized exporting countries like Japan mainly export manufactured products due to abundant natural resources.
Industrialized exporting countries like Japan mainly export manufactured products due to abundant natural resources.
The Global Supply Chain has recently shifted from a product-based approach to a process-based approach.
The Global Supply Chain has recently shifted from a product-based approach to a process-based approach.
Flashcards are hidden until you start studying
