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May 10, 2023

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Use the 4 reference readings included in the assignment and also add 2 more references

Conduct a brief review of the following major shipping markets in order to show how shipowners
and investors have made decisions in response to changes in the determinants of demand- the
world economy (GDP) and international trade (major seaborne commodities traded), random
shocks (Covid-19 and Wars), average haul and transport costs over the last five (5) year period
(2018 to 2022) and give your projections for the year 2023. The major shipping markets and
related commodity trades comprise the following:
a. Liquid Bulk Carriers- Crude oil and refined petroleum products.
b. Dry Bulk Carriers- Iron ore, Grain and Coal.
c. Specialized Shipping- Liquified Natural Gas.
d. Liner Shipping- Containers.
Conduct a brief review of the following major shipping markets in order to show how shipowners
and investors have made decisions in response to changes in the determinants of demand- the
world economy (GDP) and international trade (major seaborne commodities traded), random
shocks (Covid-19 and Wars), average haul and transport costs over the last five (5) year period
(2018 to 2022) and give your projections for the year 2023. The major shipping markets and
related commodity trades comprise the following:
a. Liquid Bulk Carriers- Crude oil and refined petroleum products.
b. Dry Bulk Carriers- Iron ore, Grain and Coal.
c. Specialized Shipping- Liquified Natural Gas.
d. Liner Shipping- Containers.
Conduct a brief review of the following major shipping markets in order to show how shipowners
and investors have made decisions in response to changes in the determinants of demand- the
world economy (GDP) and international trade (major seaborne commodities traded), random
shocks (Covid-19 and Wars), average haul and transport costs over the last five (5) year period
(2018 to 2022) and give your projections for the year 2023. The major shipping markets and
related commodity trades comprise the following:
a. Liquid Bulk Carriers- Crude oil and refined petroleum products.
b. Dry Bulk Carriers- Iron ore, Grain and Coal.
c. Specialized Shipping- Liquified Natural Gas.
d. Liner Shipping- Containers.

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