Topic: 3.2 Passenger Shipping

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The Turn-Round of Cargo Liners and its Effect upon Sea-transport Costs

This is a study of the costs of a defined cargo liner, with the object of discovering to what extent the true costs – as distinct from the market rates – of moving freight and passengers by sea are affected by differences in turn-round time and route length. A method of shadow prices is used and the results help one to judge how far it is worth spending money in other directions in order to improve turn-round time.

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