Bookcover of Growth options through diversification among shipping agencies in SA
Booktitle:

Growth options through diversification among shipping agencies in SA

Diversification in shipping

LAP LAMBERT Academic Publishing (2017-12-18 )

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ISBN-13:

978-620-2-07626-5

ISBN-10:
6202076267
EAN:
9786202076265
Book language:
English
Blurb/Shorttext:
When the global economic crisis broke out in 2008 few people expected the effects to be so profound and to negatively impact for over a decade, the global container shipping industry. The emergence of mega vessels with capacities of over 20 000 TEUs compounded the problem of overcapacity hence freight rates have remained subdued. Shipping companies have struggled to remain in business and cost cutting measures such as layoffs, slow steaming and organizational restructuring have been implemented yet do not provide long term solutions to yield profitability in the industry. This book examines the effects of the global shipping recession on shipping companies and shows that diversification along the supply chain may offer long term solutions to the problem. To remain in business and generate higher margins, shipping lines must find opportunities elsewhere. Diversification in shipping has been researched on and it is concluded that there are opportunities for shipping companies to diversify along the supply chain. The conditions necessary for such diversification are discussed and this book is a must read to get a perspective from the South African experience in container shipping.
Publishing house:
LAP LAMBERT Academic Publishing
Website:
https://www.lap-publishing.com/
By (author) :
Izekiel Nohumba
Number of pages:
352
Published on:
2017-12-18
Stock:
Available
Category:
Other
Price:
79.90 €
Keywords:
new, The role of the shipping agent, Vessel husbandry services, Freight Transport and Logistics, Stevedoring Services, Cargo surveyors, Low freight rates and overcapacity, larger vessels, Port expansion required for South African Ports, Scrapping and idling vessels, Competition through mergers and alliances VSA, Collaboration strategies in shipping, Related or unrelated diversification in shipping

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