Tramp ships

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 London.
  • They carry mixed cargo.
  • They travel anywhere in the world in search of cargo to carry.
  • Their freight charges are:
  • fixed by negotiations
  • and often low.
  • They do not have:
  • fixed routes
  • nor do they have fixed time-tables.
  • They have no permanent home port.

To access more topics go to the Commerce Notes page.

By |2017-01-17T11:20:15+00:00July 14th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes, Transport|Comments Off on Tramp ships

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He holds an Honours in Accountancy degree from the University of Zimbabwe. He is passionate about technology and its practical application in today's world.
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