January 2023

Documents used in shipping: Charter Party

By |2022-09-15T12:43:05+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A time charter. Image credit lawandsea.net A time charter. Image credit lawandsea.net ZIMSEC O Level Commerce Notes: Transport: Documents used in shipping: Charter Party

Charter Party.

  • A contract document used to hire a ship for example tramp ships.
  • It can be known as a voyage charter when hiring a ramp for a specific […]
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Containerisation

By |2022-09-15T12:43:04+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

Maersk Container ship. Image credit fleetmon.com Maersk Container ship. Image credit fleetmon.com ZIMSEC O Level Commerce Notes: Transport: Containerisation

Containerisation

  • Refers to the carriage of goods in standardised large containers (boxes) made of metal.
  • The containers are:
  • filled with goods ready for transportation.
  • They are sealed in the presence of custom officials at the point […]
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Factors which affect the mode of transport

By |2022-09-15T12:43:11+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A goods truck. Image credit continental-truck-tires.com A goods truck. Image credit continental-truck-tires.com ZIMSEC O Level Commerce Notes: Transport: Factors which affect the mode of transport

Factors which determine the mode of transport to carry goods

  • The nature of the goods:
  • For example perishable goods such as bread and meat needs fast transport e.g. […]
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Functions of a Seaport authority

By |2022-09-15T12:42:59+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A ship docked at Rhizhao seaport. Image credit MediaWiki A ship docked at Rhizhao seaport. Image credit MediaWiki ZIMSEC O Level Commerce Notes: Transport: Functions of a Seaport authority

Functions of a Sea-Port Authority

  • Ensure that seaports are accessible from the inland by both road and rail.
  • Ensures efficient handling of both imports […]
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Transport Modes: Road Transport

By |2022-09-15T12:43:10+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A goods truck. Image credit utahship.org A goods truck. Image credit utahship.org ZIMSEC O Level Commerce Notes: Transport: Transport Modes: Road Transport

Road transport

Advantages

  • Is fast over short distances.
  • Is cheap over short distances.
  • It is direct and offers door to door delivery services
  • there is a wide network of roads already available meaning
  • even remote […]
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Advantages and Disadvantages of a trader owning their fleet of vehicles

By |2022-09-15T12:43:10+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A fleet of bakery trucks owned by Innscor Africa. Image credit innscorafrica.com A fleet of bakery trucks owned by Innscor Africa. Image credit innscorafrica.com ZIMSEC O Level Commerce Notes: Transport: Advantages and Disadvantages of a trader owning their fleet of vehicles

Advantages to a trader of operating own fleet of vehicles.

  • Goods […]
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Modes of transport: Air transport

By |2022-09-15T12:43:10+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

A DHL cargo plane. Image credit airnewstimes.co.uk A DHL cargo plane. Image credit airnewstimes.co.uk ZIMSEC O Level Commerce Notes: Transport: Air transport

Air transport.

Advantages

  • Is fast over long distances.
  • It is a relatively safe mode of transporting goods i.e.:
  • There are less riks of theft of and damage of goods during transportation.
  • The insurance costs […]
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Modes of transport: Air Transport: Air Waybill

By |2022-09-15T12:43:09+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

An Air Waybill for use with FedEx An Air Waybill for use with FedEx. Image credit en.09635.com

Air way Bill

  • Importance:
  • Is a document used when goods are transported by air.
  • It is a contract of carriage or an agreement to carry goods.
  • A receipt for goods aboard a given aeroplane.
  • It accompanies these goods.
  • It contains the following […]
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