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中国海洋经济评论(第三卷)

中国海洋经济评论(第三卷)

姜旭朝
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]Three alternatives for round voyages between the Middle East Gulfand North Atlantic,Cape/Cape,Suez/Cape and Suez/Suez (laden/ballast),arecompared from actor perspective. Ship owners benefit from long routes when rates arenot rising steeply. Refineries minimize logistics costs by selecting short routes. Tradersalso should opt for them,provided that their investment horizontal equals the ladenleg. In the real world,Northwest Europe selects 10 pct Suez and the US Gulf 10 pctCape. East Coast Canada is route neutral. Cargos from West Africa tilt this equation infavor of the Cape/Cape alternative.

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