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  1. Study with Quizlet and memorize flashcards containing terms like Define STEM, Who needs shipping as a service?, What is the driving force of shipping? and more.

  2. Study with Quizlet and memorize flashcards containing terms like Name some of the milestones in shipping, What is the difference between Short sea and deep sea?, What are the three principles of cargo trading? and more.

  3. Study with Quizlet and memorize flashcards containing terms like 5 Variables of Demand in Shipping Market, 5 Variables of Supply in Shipping Market, When there's a short supply of ships... and more.

  4. Definition: A close community who often communicate with each other based on the transaction of a certain commodity. Four different shipping markets: - Second Hand market - New-building Market - Demolition Market - Freight Market.

  5. 1. Economic principles, theories or models to understand 2. Predict economic events 3. Develop policies or corrective actions to correct economic problems.

  6. Explain about the different types of ships and their cargoes in the oil trade. 7. Explain what the principles are that define the design of a ship. Study with Quizlet and memorize flashcards containing terms like JUNE 2015 MARITIME ECONOMICS, 1., a. and more.

  7. Study with Quizlet and memorize flashcards containing terms like What is shipping?, Who's is a shipper?, Define commercial Shipping and more.

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