the quantitative analysis method‚ partial correlations method‚ to find out the key factors in local marine insurance development. Though the analysis we conclude that Shanghai has advantages in such key factors as property insurance development and cargo handling capacity. These advantages should help Shanghai to develop marine insurance most effectively‚ strengthen the link between international shipping and finance development‚ and continuously promote the local economic development. Finally‚ the
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SGE’s Profitable Third Wharf? Case Synopsis In 1949‚ Canadian grain shipping company‚ Superior Grain Elevator‚ Inc (SGE) was secondary in the grain shipping industry in Canada to the Saskatchewan Grain Cooperative. Local interest brought out SGE in 1974 and five years later‚ SGE shipped a million tons of grain during a year for the first time ever but‚ since that year‚ volumes of grain has been inconsistent. In 1990‚ SGE purchased property along the waterfront and has yet to see the needed return
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Bargaining Power of Supplier Suppliers barely make any difference to companies involved in shipping line business‚ especially who are leading players like “Maersk” in this business. While it may affect to certain extent to small players like Five star shipping company‚ Varun Shipping company etc. who are struggling to establish within the industry. Many suppliers are such which are borne directly by customers but arranged by shipping lines like pesticide‚ wooden pallets‚ container repairs and truck
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It is the amount of cargo that an empty ship will be able to hold‚ without going beyond its standard design limits. This load limit does not include the ships weight and instead its fuel and ballast water only. There are two main markets that considers maritime freight transportation. Bulk Cargo- Freights either dry/liquid like minerals (oil‚ coal‚ iron ore‚ bauxite) and grains that are not packaged requires
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MAERSK LINE vs. CA G.R. No. 94761‚ May 17‚ 1993 FACTS: Petitioner Maersk Line is engaged in the transportation of goods by sea‚ doing business in the Philippines through its general agent‚ Compania de Tabacos de Filipinas‚ while private respondent Efren Castillo is the proprietor of Ethegal Laboratories‚ a firm engaged in the manufacture of pharmaceutical products. On Nov. 12‚ 1976‚ Castillo ordered from Eli Lilly‚ Inc. of Puerto Rico 600‚000 empty gelatin capsules for the manufacture of his
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of terms to 11 from 13. The DAF‚ DES‚ DEQ‚ and DDU designations have been eliminated‚ while two new terms‚ Delivered at Terminal (DAT) and Delivered at Place (DAP)‚ have been added. INCOTERMS 2010 also attempt to better take into account the roles cargo security and electronic data interchange now play in international trade. WHAT INCOTERMS ARE - INCOTERMS are a set of three-letter standard trade terms most commonly used in international contracts for the sale of goods. First published in 1936‚ INCOTERMS
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Contents Executive summary 2 Industry analysis………………………………………………………………………………………………………………………….3 Major external environmental factors 3 Money exchange………………………………………………………………………………………3 Economic situation……………………………………………………………………………………4 The politics……………………………………………………………………………………………4 Five forces…………………………………………………………………………………………………………………………...5 Main strategies…………………………………………………………………………………………………………………….6 Site visit and company report 7 Value chain 7 Research and development
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outstrip UPS’s during the initiation of talks over liberalized air cargo routes between the U.S. and China? Assuming a perfectly efficient stock market‚ how might one interpret a 14% increase in FedEx’s market value of equity? When the talks over liberalized air cargo routes between the U.S and China began‚ FedEx stock price rose at a higher rate than UPS’s for the simple fact that FedEx was a company that specialized in air cargo already‚ plus it already had routes to China before the talks started
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read about the supply-chain concept that attempts to identify and link all the participants from suppliers’ suppliers to customers’ customers. Who are all an online presence whereby clients can place orders online and check the status of their cargo. So far the increase in sales from the online presence has not been much. Most of AML’s clients are spread out in rural areas‚ and except for customers in Delhi‚ most do not have access to the Internet. Today AML is handling an average of 200-plus
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Incoterms are useful for companies involved in international freight transactions. These incoterms are used to determine risks and responsibilities between buyers and sellers and are defined as follow: EXW (Ex Works): Is when the buyer assumes all costs and risks involved in taking the goods from the seller’s to the destination. The seller’s requirement is to make the goods available at his locations (works‚ factory‚ and warehouse). This term represents minimum obligation for the seller. This term
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