Tramp ships

By |2017-01-17T11:20:15+02:00July 14th, 2015|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 […]

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