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Shipping cycle. A shipping market cycle or shipping cycle is a particular type of economic cycle. These cycles correct markets when supply and demand are out of balance. Shipping markets are driven by freight rates, which can move up, move down or remain unchanged. Shipping cycles are therefore determined by the fluctuations of these freight rates.
Shipping markets. The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
45–60. This box: view. talk. edit. In economics, Kondratiev waves (also called supercycles, great surges, long waves, K-waves or the long economic cycle) are hypothesized cycle-like phenomena in the modern world economy. [1] The phenomenon is closely connected with the technology life cycle. [2] It is stated that the period of a wave ranges ...
Stocks ended the first week of the new year on a high note, with the Dow gaining 0.3%, to cap its best week since December 2011. Not to be outdone, the broader S&P 500 rose 0.5% today, to close at ...
PDCA. PDCA or plan–do–check–act (sometimes called plan–do–check–adjust) is an iterative design and management method used in business for the control and continual improvement of processes and products. [ 1] It is also known as the Shewhart cycle, or the control circle / cycle. Another version of this PDCA cycle is OPDCA. [ 2]
Schuler tuning. Schuler tuning is a design principle for inertial navigation systems that accounts for the curvature of the Earth. An inertial navigation system, used in submarines, ships, aircraft, and other vehicles to keep track of position, determines directions with respect to three axes pointing "north", "east", and "down".
Thermodynamics. In engineering, the Miller cycle is a thermodynamic cycle used in a type of internal combustion engine. The Miller cycle was patented by Ralph Miller, an American engineer, U.S. patent 2,817,322 dated Dec 24, 1957. The engine may be two- or four-stroke and may be run on diesel fuel, gases, or dual fuel. [ 1]
t. e. Maritime transport (or ocean transport) or more generally waterborne transport, is the transport of people ( passengers) or goods ( cargo) via waterways. Freight transport by sea has been widely used throughout recorded history. The advent of aviation has diminished the importance of sea travel for passengers, though it is still popular ...