751-Sabar Institute Of Management, Tajpur - Gujarat Technological ...

SWOT Analysis:
Strength:
Represent 90% of the world trade.
Most effective form of transportation that costs only 11% and 20% of what
transportation..
High return on capex of 25% per year, as shown by historical data.
Shipping invests in researching and developing new technology.
Weakness:
Cyclical industry: depends on global trade and business cycles
Tend to have a lemming mentality (build the largest fleet, the biggest tanker…)
which may not best to help the company profitability
Shortage of skilled labour and management
Poor image of the industry ; Pollution: CO2
Emissions - dispose of waste - subsea noise.
Opportunity:
Proactive developments for making ships environmental friendly.
Long term planning for recruitment.
Education and training skilled seafarers.
Improved propulsion technology: larger ships, nuclear ships.
E-navigation, less resistant.
Hull forms, more efficient engines.
Improved computerized cargo handling.
Threats:
Prolonged recession;Political instability.
Increase in oil cost.
Over supply.
Environmental analysis
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