Precious Shipping On Supply Chain Disruptions

Precious Shipping On Supply Chain Disruptions

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the volatility in the dry bulk market due to a delicate demand-supply balance. It highlights the impact of global events like China's policies and COVID-19 on demand and supply chains. The video also examines the challenges faced by smaller companies due to fluctuating freight rates and explores the trends in ship ordering amidst new regulations. Finally, it addresses the significant costs and challenges of decarbonization in the shipping industry.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for the extreme volatility in the dry bulk market in 2021?

An increase in fuel prices

A decrease in global demand

A perfect demand-supply balance

A significant increase in ship orders

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did China's policies affect the dry bulk market?

They boosted coal production

They led to a collapse in demand

They reduced the number of ships

They increased the demand for steel

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What global economic factor is mentioned as cooling down the economy?

Increased government spending

Central bank interest rate hikes

Rising inflation rates

Decreasing oil prices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact did the Omicron variant have on the shipping industry?

It led to a decrease in freight rates

It increased the demand for shipping

It caused congestion in Chinese ports

It reduced the number of ships available

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are smaller companies not facing cash flow issues despite high freight rates?

They have diversified their operations

They are involved in sectors with stable rates

They have received government subsidies

They have reduced their fleet size

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major reason for the disconnect between market rates and ship orders?

A decrease in global trade

An increase in shipbuilding costs

A lack of available slots for new ships

A surplus of shipyards

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge does the shipping industry face in achieving decarbonization?

Lack of technological advancements

High costs and low profitability

Insufficient government support

Decreasing demand for shipping