Assignment - Linear and tramp shipping
Task description & requirements-
Investigate two shipping companies, ANL (https:// www.anl.com.au) and Nordic Tankers (https://www.nordictankers.com home) and complete the following tasks:
a) Compare the organisation of these two shipping companies and explain how they differ from each other regarding the organisational structure and shipping activities.
b) In terms of competition, explain how each of the two companies competes with other shipping companies within their respective shipping segment.
c) The freight market in the tramp shipping sector is more volatile than its liner counterpart. Discuss the statement with real world examples and explain how Nordic Tankers can reduce the risks associated with freight fluctuations.