StudentShare solutions
Triangle menu

Container and Shipping Industry - Research Paper Example

Not dowloaded yet

Extract of sample
Container and Shipping Industry

All these services are specialised services and the industry will have to depend a lot on these suppliers. Therefore, the power of suppliers is quite substantial.
Threat of New Entrants: Container and shipping industry is capital intensive business and requires huge amount of investment to start the business. Safety and environmental concerns result in high levels of regulations for the industry. Therefore, it may be not as easy for any company to enter into this business, as in a retail business. The threat of new entrants is not substantial.
Bargaining Powers of Buyers/ customers: Customers of the services for the shipping and container industry include big corporate houses and manufacturers. In today's competitive environment what these companies require is timely delivery of goods. This would make these companies quite demanding at times, and the container industry would be on their toes to provide efficient services.
Threat of Substitutes: Substitutes for the container and shipping industry are mainly the road, rail and air routes. ...
ompetitive Rivalry: Though there are not many companies in the container and shipping industry, on account of the nature of the business, but there is intense competition amongst the established ones' like Braemar Shipping Services Plc from UK, Malaysia International Shipping Corporation Berhad, The Shipping Corporation of India Ltd., The National Shipping Company of Saudi Arabia etc. The factors like low level of product differentiation, high fixed costs and high exit barriers also give rise to good levels of competition.
SWOT Analysis of the Industry
Strengths:
i. Long term agreements with clients, resulting in a committed client base
ii. Specialised type of services, with an ability to carry huge quantities
iii. High entry barriers in the form of higher investments and skills
Weaknesses:
i. Huge capital investments coupled with high depreciation costs results in lesser profit levels for the companies, which in turn results in delayed breakeven point
ii. High exit barriers, imply that the company once in the business is compelled to remain in it for many more years irrespective of profit or loss being incurred
Opportunities:
iii. More movement of goods and services due to the trend amongst the MNCs to manufacture products in countries like China and then transport it back to the western world or Europe
iv. Coordinated approach being adopted by leading players in the container and shipping industry
v. With technological advancements it has become easier for the companies to track the movement of their consignments with techniques like GPS, RFIDs etc, which promises to make the industry much more efficient in the coming years.
Threats:
vi. Increasing threat of sea-pirates, particularly through the sea route via the Indian Ocean and Gulf of Aden, where Somali pirates ...Show more

Summary

Globalisation and liberalisation has resulted in increased movement of goods around the globe. In such a scenario, the role of container shipping industry has become vital for efficiently transporting the goods. This is one of the oldest modes of transport and even after the invention of air-carriers; its role has not become less important.
Author : tamara79
Container and Shipping Industry essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"Container and Shipping Industry"
with a personal 20% discount.
Grab the best paper

Related Essays

Business Security and Globalization Issues in Transport Industry
The Canadian Trucking Alliance (CTA) is a coalition of regional trucking associations. The head office is in Ottawa and it represents 4,000 companies. CTA represents the trucking industry’s perspective on national and global policy, general and legal regulations that affect trucking.
11 pages (2750 words) Research Paper
Federal Express Secure Shipping
Federal Express is the subsidiary of FedEx Corporation. It is the largest global express transportation organization. The organization is used to deliver freight and packages to more than 375 global destinations every day (Birla, 2012). The founder of the organization is Fred Smith.
10 pages (2500 words) Research Paper
Operational Decision Making
It is one of the sites for the Dubai Trade (DP World, 2013). Its main flagship is the Jebel Ali port, which is the largest man-made harbor in the world. As such, it majorly deals in container handling that generates around 80% of its revenues. The main purpose of the company is customer-centric and involves the desire to provide exemplary and committed services to all their customers and other people.
4 pages (1000 words) Research Paper
Vehicle Routing and Container Loading Problem
To do this it is necessary to define the routing program for the vehicle and also design a packing methodology that will allow the vehicle to carry load to its maximum. To economize on the time, the supplier must pack the goods so as to enable them to be unpacked with ease, this saves the time spent when unpacking the goods at the clients terminus.
15 pages (3750 words) Research Paper
Mediterranean Shipping Company
The sea voyage includes certain African regions, which are exposed to lawlessness and civil disorder. The company therefore finds a mammoth challenge for itself in securing protection of its property and employees. 2. The shipping business includes services from people of diversified background.
6 pages (1500 words) Research Paper
Major Container Shipping Lines of Singapore and Port Klang
Port competition is self-explanatory, as it is a competition between different ports and the port companies themselves. This is known as intra-port or inter-port competition. This creates competition between multiple division operations within the port. This competition is defined as different ports sharing the same shore in the same vicinity.
7 pages (1750 words) Research Paper
Port Security
In the present time, an estimated seven million containers of cargo pass through ports in the United States every year. In the port of Boston alone, one of the oldest ports since the year 1630, an estimated 1.3 million tons general cargo and 12.8
10 pages (2500 words) Research Paper
Maritime and Port Security Initiatives by Federal Agencies
The focus has shifted into developing and responding to proposals aimed at making maritime and port security better in order to protect the American population from preventable acts of terror. Presently, the American maritime
10 pages (2500 words) Research Paper
The Evolution of (Seaport Shipping) Container Security Since 9/11
For example, a labor dispute that occurred in 2002, between the representative body of dock workers, and port terminal operators at the port of West Coast led to the closure of the port for 10 days, leading to a
10 pages (2500 words) Research Paper
Perishable shipping
A new packaging product may require certain policies’ awareness with regards to selling of products. Some items to consider may be customer restrictions, territory restrictions, and reasonable pricing.
3 pages (750 words) Research Paper
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation