About Nandkishore Gitte Expertise Can answer regarding “Career at sea”,” Onboard technical problems”,” Way to get examination resources”, “COC Exam Oral Questions answers”, “ Shore jobs options after sea”, “Life On Board ship”,” Challenges at sea “,” What Merchant navy and especially Marine engineering is all about”.
Can’t answer regarding “Commercial aspect of shipping”,” Business in shipping”.
Experience 3 years
Publications The blog site dedicated to Life at Sea.
http://mylifeatsea.blogspot.com
Education/Credentials Bachelors degree in Mechanical Engineering.
MEO class IV Engineer
Question how does the increase in oil price affect demand for oil tanker shipping?
Answer Dear demelash,
For tankers and other shipping an increase in the bunker oil price also has a negative effect on costs, although to a much lesser extent, as part of tonnage is on time charter where bunkers are paid by the charterer, and as the rates for crude oil tankers (the so-called world scale rates) are adjusted for bunker prices.
The above does not take into account any indirect effects, e.g. on rig rates, supply vessel rates, tanker rates or other costs.
i appreciate your question.
But you can see in my profile that i don't answer regarding commercial aspect of shipping”,” Business in shipping”. so please contact an expert in that.
your questions are wellcomed regarding “Career at sea”,” Onboard technical problems”,” Way to get examination resources”, “COC Exam Oral Questions answers”, “ Shore jobs options after sea”, “Life On Board ship”,” Challenges at sea “,” What Merchant navy and especially Marine engineering is all about”.
