TRL3707 Assignment 3 Full Solutions Semester 2 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)...........
1.1 Seven Factors Driving Transportation Costs in SA Maritime Ports
1. Fuel Costs: Fuel is a major expense in maritime transport. High fuel prices can
lead to increased transportation costs, especially for bulk carriers and container
ships. In South Africa, where ports like Durban handle high volumes of container
traffic, fluctuations in fuel prices significantly impact shipping costs.
Application: Given South Africa’s reliance on imports and exports, changes
in fuel costs, particularly during long waiting periods due to congestion at
ports like Durban, can further escalate the costs for shipping companies.
2. Port Congestion: Congestion leads to delays in loading and unloading cargo,
increasing costs for ship operators. This includes longer ship turnaround times
and increased labor and storage costs.
Application: As the case study highlights, congestion at Durban and Cape
Town ports resulted in delays with thousands of containers left unattended.
These backlogs cause higher demurrage fees and escalate costs for
businesses depending on timely shipments.
3. Aging Infrastructure: Outdated port facilities or equipment lead to inefficiencies
and increased maintenance costs. Ports with aging infrastructure may also
experience operational failures, leading to higher handling times and associated
costs.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LIBRARYpro. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.71. You're not tied to anything after your purchase.