Tramp ships

By |2022-09-15T12:43:07+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|

Tramp ship carrying containers. Image credit ecuadoratyourservice.com Tramp ship carrying containers. Image credit ecuadoratyourservice.com ZIMSEC O Level Commerce Notes: Transport: Tramp ships

Tramps

  • Cargo ships which are for hire.
  • They can be hired for a specific time and journey.
  • They trade on the spot market.
  • They can be chartered at the Baltic Exchange in […]