First of all nice to meet you all. Second, Im not really in shipping; Im just doing some research on the subject. So, during my analysis, I`ve found that a freight ship from China to the US takes about 2 weeks. My question is, when It gets to the US, does it ship, say, 1000 TEU back to China? Or does it ship less that it brings in back to China?
Also, If you have a crew, how much do they work? Do they work for 1 month, 2 weeks from China to the US, and 2 weeks to get back, and then do they get 2 weeks of vacation?
Across a 1 year timeline, how many times does the cargo ship sale from the US back to China? I`m just looking for approximations to get a feel for the business.
Hope to hear something back from someone soon
Thanks a lot
Hello, I cant find anymore info and I dont know anyone in shipping it was all I could get. Could you please help me in answering very shortly with some orientative numbers to my questions? Please
Search for articles about the US/China Trade Imbalance.
This will vary widely depending on the nationality of the crew. Most on this forum are american. American Mariners sailing deep sea(which is a very small number) usualy sail on schedules like 3 months-on/ 3 months-off, with great pay/benefits. Internationally mariners sail for much longer contracts, and very little benefits or protections.
I canât give you an exact number, but typically ships are kept working year round as much as possible with minimum laytime. Ships only make money when theyâre moving cargo, so the more time spent at the dock, at anchor, or under repair they loose money. Not all companies or ships operate ona liner service, some operate whatâs called tramp. Here is a graphic of what typical liner service looks like https://www.matson.com/china_new/Shipping_China_to_US_CLX.pdf
Why would you say im lazy ive spent 2 days and 8 hours of researching on how a shipping company works. It did come to mind that the US isnt exporting to China as much its importing. I made a calculation that for 1 ship bought second hand the costs including port fees, fuels and crew wages would cost about 200k pay trip. But can It double up each month. Say you go from the 1st of October to LA and from LA on the 15th back to China can you go back full freight?
That trading balance does offer a clear number. But the conclusion Im getting is that maybe instead of charging 1500$ per container they must either go half full from the US back to china or they have a lower transport fee. Say its not longer 1500$ per container but 750$ per container.
If that is the case (and how would I know that I cant where can I find this there is no talk about this). They make 1.2 million for China to LA and make probably about 400-500k from LA back to China. I dont know is this pretty realistic to whats happening. Ive manage to find that a crew will cost you about 4000$ a day but the information wouldnt say if its US or China crew.
Do I multiply that figure 6x to get the US number?
These are a lot of variable that I can only find online from people who work in the industry. What do you mean I`m lazy where was I suppose to ask these things?
Sorry to say but you need to do some serious brushing up on your basic economics skills and look at broader macro economics aspects
There are countries that will always be net exporters or net importers, thatâs just the nature of their economy and you can DEFINITELY not solve that by charging extra for a container and DEFINITELY not with a 1000 TEU container ship. I doubt 1000 TEU ships even cross the Pacific from China to the US and back
A country like the US may import a lot of physical (cheap) goods that are produced more affordably elsewhere in other parts of the world and export a lot of services to other countries for which it gets paid. If that results in a budgetary deficit, you can either raise taxes, cut spending or go to the capital markets and issue treasury bills sold to the public, institutional investors and others
THERE IS NO WAY IN HELL (emphasis added through caps) you can offset that with higher container prices especially as some of those carriers arenât even US companies.
Now for your other part of the question. I have not been at sea, but I doubt a 1000 TEU crosses the Pacific. Those to me sound more like (intra) coastal feeder ships.
How often they go between countries depends on the routes. Most large container ships like CMA/CGM, Maersk, Cosco, ONE, they have set routes. Wallenius Wilhelmsen (RoRo) has a nice example on their website
and my guess is most of the container companies follow a similar principle
So how often they go between and how much they transport depends on the route and how much cargo is tendered by companies to be on that route with that specific company
I guess that shipping companies charge accordingly. If there is more cargo going one way then the other than my guess is that one route is cheaper than the other
The Drewry WCI gives you a spot rate for transporting a 40ft container on several of the main routes. I believe those rates are adjusted on a daily or weekly basis taking into account numerous economic factors.
So no you cannot randomly charge a number to offset a trade imbalance.
what is very basic for all students and I do agree with all mentioned by EGOs with one exception .
I sailed on 1 400 teu vsl fm HKG to LGB having her fully loaded with boxes. Vsl was chartered ( multi-voyage charter) by Great Western - US based entity. I made 3 voyages like that . HKG pilot asked me abt my destination and paled upon hearing my answer with a look of incredulity .But we made it.
Wish You luck with your disssertation . But is it a dissertation or You just hit Eurojackpot lotery and want to jump into shipping business filled with sharks with your 2nd hand tonnage. ?
If so talk to Greek owners for consultation. Suggest Technomar or Navios in Pireaus but doubt they offer commercial tips for free.
i ve spent 2 days and 8 hours of researching on how a shipping company works.
Dear Lord, I spend more time than that doing end-of-month paperwork! Twice that much time brushing up on RoR for my original license. You wonât learn what you need to learn (unless you only want to know enough to fool someone who knows even LESS) in three days. What level of education requires of âdissertationâ where you think you know enough after three days of research?
This level of effort seems familiar to meâŚoh, rightâŚnew generation ABs.
Ive spent 8 hours looking on Google and on the internet just to find out with how many containers does the ship leave the US for China. I think its enough to drive anyone crazy.
NO its on time. There are just some things you cant know about a certain business. From my business perspective the ship should leave China full and arrive in the US and then get refiled and go back to China. From a person here on the forum told me to look at the US China trade balanced wich looked like the US is exporting half of the quantity that China is importing the US
Again, not to belabor the point, but youâre most likely writing a thesis, not a dissertation.
A thesis is generally a 3 to 6 months project assuming itâs a college graduation project. I was fortunate enough to write 2. Both had 6 months allotted for it.
Probably at least 3 months of that is research, reading articles, formulating hypotheses, testing. Then itâs writing, rewriting, more reading, more testing, more rewriting, rinse and repeat until your coordinator says its good enough to graduate.
The term âdissertationâ is mostly reserved for PhD level theses, not your regular bachelor/master thesis. A PhD level thesis is generally a minimum of a 4 year project including 2-3 years of those for research if not more and then the same rinse repeat cycle of testing, writing, more testing, rewriting, more research until itâs done.
So please do yourself a favor and stop saying you think you did a whole lot of work with 2 days and 8hrs of research.
It makes you look foolish, out of touch with reality and (grossly over)entitled.
Also if youâre doing this for college credit, your college library should have licenses to databases like IBIS where you can get some pretty awesome and very detailed industry reports. Theyâre not cheap, but most universities have licenses where you can get them for free.
If you canât get it there, try the public libraries. Port Authorities should also release a ton of data. The port of Rotterdam for example releases annual reports with a lot of data in them.
In Virginia you have the Virginia Maritime association with its own website that has a treasure trove of information regarding port commerce, port facilities, vessel operations, storage & transportation, port services and much more including a list of companies operating in every category just listed. Iâm sure the ports of LA, Long Beach and Oakland have the same if you just look for it.
I live in Romania. We dont have that, no support, just a stupid asshole who does his PhD's on students' hard work. Romanian Educational System what can I do? I cant buy books too expensive I have 3 simple questions which can be answered with less than 1 sentence each. And all I get is being called (a moron, lazy, just in other words). Why would you call someone an idiot or treat him like one. Why dont people, if they dont have something constructive to say, just move on to other parts of the forum and leave me alone?