TIME-CHARTER RATES (CLASSIC REPRINT)

Excerpt from Time-Charter RatesThe conclusion was also reached at the time that)in general,normal costs,2 more than any other factor,dominated the determination of time charter rates. The relationship between normal costs and time-charter rates was found to be stronger the longer the duration of the charter agreement. With the changes in technology in the tankship industry and the size composition of the operating fleet that we are witnessing, these relationships are expected to be even stronger. Therefore, the structure of rates during the period of 1959 to 1966 should exhibit greater variation than it did in the past.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works._,