Factors at Play in RoRo Vessels Selling

RoRo vessels are ships that are used to carry wheeled cargo like automobiles, trucks, trains etc. An acronym for Roll on and Roll off, the RoRo vehicles are named thus as the cargos here are loaded and unloaded by way of rolling on and rolling off through built in ramps.

Kinds of RoRO vessels generally found are day and night ferries, pure trailer vessels and trailer ferries with accommodation for drivers. For the RoRo vessels that cross the oceans exclusively carrying cars and trucks are known as Pure Car Carriers (PCC) and Pure Truck & Car Carriers (PCTC) respectively.

roro vessels for sale

Unlike other cargos, the cargos of RoRo vessels are measured in lanes in metres (LM). With a slight variation to RoRo vessels Ropax vessels are made. Here passenger accommodation is added.

Due to its easier loading and unloading process and better integration capacity with other transport development the RoRO vehicles are normally speedier.

The RoRo industry has shown balanced responses to market demands inspite of the demands of quality service at right frequency and degree of capacity. The global RoRO market has become more fragmented with more number of small capacity of exporters coming in.

From various worldwide surveys done on the demand of RoRo shipping services, the decision making factors can be categorized as the following:

Quantitative factors:

  • related to route ( frequency, transit time, capacity, number of calls)
  • factors related to costs (freight rates, insurance, etc.)
  • service factors (reliability and delays, risk of damages and losses, emergency handling capabilities, documents and ability of tracing etc.).

Qualitative factors:

  • tradition
  • flexibility
  • measure of responsiveness to flaws
  • information available during transport
  • cooperation and personal contact
  • ease of administration

The specific choice factors that work in the shipping services, as per data gathered from large number of shipping services companies are, long terms commitment in the specific market, willingness of carriers for long-term contract, technical characteristics of the vessel, reputation regarding damage to cargo, service frequency, agreeability to negotiate flexible contracts for variable circumstances, freight rate, reputation of punctuality, transit time, marketing activities and problem responsiveness.

As port plays a big role in shipping services the following attributes of ports control demand of services: proximity of port to the point of production or delivery, costs of port, reputation for strike record, cargo facilities, traditional links with the shipping line and its promotional activities, speed of port operations, port accessibility.

Their exists a dilemma in prioritizing the port or the vessel when choosing a RoRo vessel service. Some believe that the port is the chief deciding factor and some think it is the carrier. Apart from that, individual perception of shipping managers and buyers has a big role in final decision making of buying a service. It has been generally noted that shipping managers have a conservative approach and only take calculated risk and that too occasionally. In selection of carriers and ports they tend to go for personal contacts and perception formed according to their experience in the sector and abilities. Actual data of performance generally has a secondary influence in the decision making.

As RoRo vessels market comprise of a big chunk of the shipping business, the decision making process here is based more on individual perception and conservative risk averse behaviour pattern than on actual findings.

Experience Smooth Sailing in the Norwegian Seas

The Norwegian has an age-old bond with the seas and the seas have blessed them with continuing zeal to keep their shipping businesses retain its stature intact. Centuries old Norway ship selling industry is thriving as ever. Being the fourth largest Merchant fleet in the world and a key player in the economic growth of the country, the Norwegian shipping trade is a natural selection for business investments.

Ferries for Sale

Export, sale, purchase and brokerage are the main industry activities of the country. The Norwegian fare for maritime vessels includes luxury cruise ships, regular passenger travel Day ferries and Night ferries, high-speed Fast ferries, RoPax or RoRo vessel for both freight and passenger and more.

Some of the prominent aspects of Norwegian maritime industry are:

A Large Availability of Experienced Ship Broker Companies

Within the uncertain and deep waters of the giant shipping industry of Norway, extremely skilled ship brokers navigate a clear path to buy its clients the right kind of thing for their budget and choice. Experienced ship broking companies help their customers through arranging the deals, assessing the risk factors in them, present the terms accordingly in a contract, manage counter parties, offer expert suggestions, guide companies entering new businesses and much more.

Use of High-End Technology

Advanced technological innovations are thoroughly harnessed in Norwegian shipping business. Acing in the domain of gas powered vessels and alternative energy, the world’s leading technology resources are tapped incessantly to bring home finest of shipping services. The continuous dedicated efforts of the industry operators resulted in the country being one of the largest and most technologically advanced offshore fleets in the world.

Ships with All Round Modern Amenities

Norwegian ships are one of the most advanced also in the sense that its vehicles are thoroughly equipped with modern amenities. All kinds of facilities for a richer sailing experience are availed through Norwegian ferry offerings.

Influencing the Country’s Economic Growth

The maritime industry of Norway constitutes big sized shipping companies, shipbuilding yards, equipment makers, research and development segment and regulatory bodies. Ranking as the second export industry of the nation after oil and gas, the shipping business has a substantial contribution to the country’s GDP (5.5% in the year 2009).

Environment-Friendly Trade

The sea being one of the most eco-friendly mode of transport and a large amount of Norwegian transport is opting for green cruise and vessels, the country is becoming increasingly prominent in the world map as an environment-friendly business option.

With all the rich features stated above, Norway, is clearly a desirable destination for trade in shipping and it has been so for centuries.