Full text : Port economics

THE TURN-ROUND OF A SHIP IN PORT at
voyage. Considered as a store or warehouse, she is much
too costly. The overhead or capital charges on her special
construction, her machinery, her navigating appliances,
her crew’s quarters, etc., are entirely unremunerative.
The cost of a modern cargo vessel's stay in port may be
reckoned at several hundred pounds per diem and, in the
interests of commerce and the attraction of trade to a port,
every effort should be made to reduce the period of stay.
The port authority can assist the shipowners in this
direction by the installation of up-to-date and efficient
cargo handling appliances and by discarding old-fashioned
and out-of-date methods of procedure. The matter is
one which in the general national interest, in the present
stress of competition with other nationalities for the
world’s trade, merits the closest and most anxious attention
from all who are engaged in port work in any shape or
form.

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