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TRL3704 ASSIGNMENT 3 S1 2023

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University Of South Africa (Unisa)
Course
TRL3704 - Sea Transport








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Institution
University of South Africa (Unisa)
Course
TRL3704 - Sea Transport
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Uploaded on
April 17, 2023
Number of pages
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Written in
2022/2023
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TRL3704
Assignment number: 03

Year: 2023(SEMESTER 1)




PREVIEW:

Question 1.1: Why does the freight rate of different products fluctuate so much?

The freight rates of different products fluctuate due to various factors. Some of the
key factors that affect freight rates include supply and demand, vessel capacity, fuel
prices, port congestion, weather conditions, and geopolitical events. For example,
when the demand for a particular product exceeds its supply, the freight rates for that
product may increase due to the limited availability of shipping capacity.

LOLA JACOBS ASSIGNMENTS 0618151315

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