Freight Level in Ghana

Essay from the year 2010 in the subject Politics - Topic: Globalization, Political Economics, grade: 3.68, Regional Maritime University Ghana, course: Ports and Shipping Administration, language: English, abstract: The research work examined the level of freight rate at the port of Tema and also looked into how freight rate is determined at the port. It assessed whether freight rate at the port of Tema is high, moderate or low at a time where there were so much concerns and agitations about escalated freight paid by shippers for the transportation of the goods through the Tema port. The study reviewed various literature predominantly on theory of freight rate; factors influencing freight rate; types of freight, the relationship between liner and tramp rates were also analyzed. Respondents were purposively sampled and both primary and secondary data were collected and findings quantitatively analyzed using simple percentages and figures. The study concluded based on the primary data gathered that freight rate -- at the port of Tema -- is high and the shipping companies used Ad valorem method in determining their rate.