1. Explain the impact of the roundtrip distance on the economies of bulk shipping. How does it affect vessel deployment by sizes and vessel design by size?
2. Explain (in a reasonable amount of detail) 4 criteria which render some commodities more suitable to be shipped in bulk systems than others.
3. Name and explain (in a reasonable amount of detail) the four principles of designing a bulk shipping system according to Stopford. Illustrate the conflict between two of the principles.
4. Name and briefly explain some attributes of the bulk shipping industry in 2018.
5. Explain the different approaches of the four market participants on bulk shipping markets.