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Freight Rates Have Remained Low and Volatile in the Various Market Segments (Container, Liquid and Dry Bulk). What Influences Freight Rates? How Has This Influenced the Demand for Port Services and the Setting of Port Charges and Tariffs?

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Submitted By Nexus99
Words 6350
Pages 26
Assignments of Port Economics

Topic
Freight rates have remained low and volatile in the various market segments (container, liquid and dry bulk). What influences freight rates? How has this influenced the demand for port services and the setting of port charges and tariffs?

Huda Mohammad Nazmul
Student ID: 1120130936
Major: Master’s of Business Management
Dalian Maritime University
Dalian, China

Abstract
After the economic crisis in 2007-2008 fiscal years the freight market remained volatile and freight rate remained low in various market segments. The purpose of the study to determine the factors those influence the freight rate and how those influence the demand of port services and setting charges for the port. The depression in market segments affects the supply and demand of the freight of the shipping lines which also has an effect on the demand of port services and setting of port charges and tariffs. The research paper shows the factors that influence the freight rate as well as the influence on the port services and setting charges and tariffs which lead to a change in port operation, reform and regulation. To illustrate the relation among them international trade theory and other historical data has been considered as the evaluations of the paper. In the discussion of different market segments new demands for the port operation and setting charges has been illustrated. Fundamental concepts on port pricing, freight rate and services introduced by the previous research on this topic has been considered as a source of information for the research findings. The conclusion of the ongoing paper consists some of the new concepts on regard of the port services demand and charges occur from the market volatility and low freight has been mentioned as a general interpretation of the

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