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    Ics Exams 2013 Questions Is

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    Xthesinos
    This document contains 7 questions for an exam on shipping topics. The questions cover factors leading to the development of very large crude carriers (VLCC), reasons for an exporter to choose between voyage charters and liner shipments, examples of tort classifications and how they relate to the Himalaya clause, defining budgeting and how companies review forecasts, defining registration and classification of vessels and who ensures standards, explaining absolute and comparative advantage in economics, and the duties of a port agent before, during, and after a port call depending on who nominated them.

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    Ics Exams 2013 Questions Is

    Uploaded by

    Xthesinos
    390 views1 page
    This document contains 7 questions for an exam on shipping topics. The questions cover factors leading to the development of very large crude carriers (VLCC), reasons for an exporter to choose between voyage charters and liner shipments, examples of tort classifications and how they relate to the Himalaya clause, defining budgeting and how companies review forecasts, defining registration and classification of vessels and who ensures standards, explaining absolute and comparative advantage in economics, and the duties of a port agent before, during, and after a port call depending on who nominated them.

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    ICS-Introduction to Shipping. 2013 Examination questions

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    This document contains 7 questions for an exam on shipping topics. The questions cover factors leading to the development of very large crude carriers (VLCC), reasons for an exporter to choose between voyage charters and liner shipments, examples of tort classifications and how they relate to the Himalaya clause, defining budgeting and how companies review forecasts, defining registration and classification of vessels and who ensures standards, explaining absolute and comparative advantage in economics, and the duties of a port agent before, during, and after a port call depending on who nominated them.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    390 views1 page

    Ics Exams 2013 Questions Is

    Uploaded by

    Xthesinos
    This document contains 7 questions for an exam on shipping topics. The questions cover factors leading to the development of very large crude carriers (VLCC), reasons for an exporter to choose between voyage charters and liner shipments, examples of tort classifications and how they relate to the Himalaya clause, defining budgeting and how companies review forecasts, defining registration and classification of vessels and who ensures standards, explaining absolute and comparative advantage in economics, and the duties of a port agent before, during, and after a port call depending on who nominated them.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    MONDAY 22nd APRIL 2013 MORNING

    INTRODUCTION TO SHIPPING
    Time Allowed Three Hours
    Answer any FIVE questions all questions carry equal marks
    Please read the questions carefully before answering
    1.

    Discuss some of the factors which have led to the development of the VLCC tanker. Draw a cross-section of
    this ship and mark upon the world map provided a typical voyage from a named Arabian Gulf loading port to a
    named Dutch port of discharge.

    2.

    An exporter of fruit from New Zealand, destined for north European ports, is considering whether to change
    transportation policy from voyage charter to suit his immediate requirements to enter into a liner shipment
    arrangement. Provide reasons why the exporter should choose one or other of these.

    3.

    Tort is often described as the failure of a Duty of Care. Give three examples of the various tort classifications
    and explain how tort is linked to the introduction of the Himalaya clause.

    4.

    Define the accounting term budgeting and expand this definition to the practical application of budget
    preparation. Explain how a company reviews its forecasts and reacts to the results.

    5.

    Define both registration and classification. Explain why vessels are classed and how a classification society is
    chosen. Who ensures consistent standards across the classification societies?

    6.

    Economists frequently describe nations as enjoying absolute and comparative advantage. Explain the
    meaning of these terms and explain how factors of production would be influential in determining the
    advantages.

    7.

    The duties of a port agent may be broadly divided between actions taken before, during and after the port
    call. For a vessel under a voyage charter describe the agents duties to be performed and state what differences
    there might be depending upon whether the owner or charterer nominated the agent.

    8.

    Draw a typical set of loadline marks. Describe the background and purpose behind these marks and explain
    what the letters mean.

    ICSExams2013

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