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VOL. 2, ISSUE 1 (2015)
A study on cargo movement strategies of logistics players (liners) in marine trade (with special reference to Tuticorin V.O.C Port.)
Authors
R. Kumaresan, P. Jayasubramanian
Abstract
“Without international shipping, half the world would freeze and the other half would starve.”- Efthimios Mitropoulos, IMO Secretary-General.rnThe Sea traders (exporter/importer) are facing lot of risk for moving their cargo from port of loading to port of final destination. The cargo movement activities are very peculiar work, that why, the international traders are nominating or assigning few inter-mediators like customs house agent(CHA), logistics players that is freight forwarders, consolidators and liners (ocean carriers) etc. The liners are working with superficial knowledge to moving the cargo from one destination to another. The liners are facilitating to the sea traders through their own container, own and chartering vessels.rnThe liners are playing very vital role for gaining the foreign exchange to the nation. The ocean carriers are handling the cargo with multi-dimensional strategy to moving the cargo within the expected time of sea traders. The each and every liners are using some secret primary strategy for attracting the shippers and consignee like slashing the freight rate (transportation cost), bunkering cost (fuel), slashing the box cost (container) and reducing the transit time. Simultaneously, the liners are using some secondary strategy such as less vessel rotation, credit facilities to the shipper, and first in first out service and preparing and releasing the shipping documentation like equipment release order, vessel schedule, stuffing confirmation report, releasing the bill of lading etc... As per the international maritime organisation report the 90% of world trade are carried out through sea trade only. At the same time, there is a lack of awareness about the liners in among the researchers and management students’ community in India. The present study is going to examining the cargo movement strategies of liners (ocean carriers) in supply chain management. The researchers are hope; this present study will reduce the gap between the practical field and supply chain management theoretical area.
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Pages:148-151
How to cite this article:
R. Kumaresan, P. Jayasubramanian "A study on cargo movement strategies of logistics players (liners) in marine trade (with special reference to Tuticorin V.O.C Port.)". International Journal of Multidisciplinary Research and Development, Vol 2, Issue 1, 2015, Pages 148-151
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