COURSE LECTURE: MARITIME ECONOMICS ASSIGNMENT QUESTION: Shipowners trade in four shipping markets: 1. FREIGHT MARKET, 2. SALE & PURCHASE MARKET (S&P), 3. THE NEW BUILDING MARKET, 4. THE DEMOLITION MARKET. Each market with a different commodity, where their activities are closely correlated. Since the beginning of 2021, Dry Bulk Freight rates soar with an increase in cargo loading volumes. A. Explain how the four shipping markets are interconnected with each other. B. State some of the factors that led to the increase in dry bulk freight rates by giving examples. C. Mention the actions that shipowners of dry bulk carriers may adopt taking into consideration the risks in order to take advantage of the market condition. ASSIGNMENT SHOULD BE: Essay type and will be submitted electronically via Turnitin at least less than 20% similarity report. Referencing style should be in HARVARD ANGLIA. I want the referencing to be online sources I.e online journals. Online articles, web pages, e-books etc. Introduction at least 200 words without citations. Conclusions at least 200 words without citations.
