Fleets in a sorry state
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CTA. 1999. Fleets in a sorry state. Spore 81. CTA, Wageningen, The Netherlands.
Permanent link to cite or share this item: http://hdl.handle.net/10568/48421
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The growing exchange of manufactured goods between small islands and other developing countries is hindered by infrastructure problems, notably inadequate harbour facilities, high shipping costs, and insufficient cargo volumes to attract lower...
The growing exchange of manufactured goods between small islands and other developing countries is hindered by infrastructure problems, notably inadequate harbour facilities, high shipping costs, and insufficient cargo volumes to attract lower freight charges from the large shipping companies. As a result, the share of transport costs weighs heavily on the import bill: 6% in the Bahamas, 16% in the Solomon Islands. The average in industrialised countries is 4.5%. The use of flags of convenience in certain island States, notably Bermuda and the Bahamas, gives a false impression of the nature of their shipping fleets. In fact, three-quarters of the ships weighing more than 100 t belong to foreign owners and carry cargoes that do not affect the islands (bulk container and bulk petroleum carriers). The ÒusefulÓ fleet (small mixed cargo boats of less than 100 t) is an important component of the economy of the Maldives, the Caribbean islands, and Papua New Guinea. It remains small, however, both in absolute terms and in relation to needs. It is in bad condition, partly because of age (three-quarters of the fleet is older than 15 years) and partly because of the lack of ship repair facilities. Source: United Nations, Economic and Social Council, Maritime transport in small island developing states, 1996.
SubjectsMARKETING AND TRADE;
- CTA Spore (English)