All aspects of business activities are associated with uncertainty. The ability to identify a particular operational problem influences the future course of your business partners.
Party | Term | Meaning |
trader |
increasing freight costs |
high pricing on transportation modes |
demurrage (detention charge) |
a penalty for exceeding time (usually 72 hours) allowed for taking delivery of a shipment from the shipping or transporting company's |
|
increased prices |
higher level of prices for goods and services |
|
shipping company |
out of date ships |
ships have fallen behind the time |
storage problems on wharfs |
no room in a structure built alongside the water or perpendicular to the shore where ships berth for loading or discharging goods |
|
non-arrival tugs |
no tugs assisting a ship or other vessels in port |
|
cranes not working |
a broken crane on a frame or structure spanning designed to traverse fixed structures such as cargo (container) storage areas or quays |
|
port congestion |
overcrowding port authority to a vessel for each harbor entry |
|
inefficient berths |
no room or place where a vessel can be moored or secured |
|
others |
containerization |
consolidation of a quantity of individual |
high capital cost |
high cost of funds used for financing a business |
|
understaffed |
too few workers employed |