by MrBill » Sat 13 May 2006, 16:01:47
$this->bbcode_second_pass_quote('grillzilla', 'I') have been searching off and on for some sort of handle on how much oil the world shipping industry uses in order to get a feel for the impact of skyrocketing oil prices. So far all I have found is this little tidbit:
Iowagrain.orgIt's concerned mostly with shipping costs for grain from the US to other countries, but the amount of fuel used per ton per mile shown a llittle ways down the article is interesting.
Just a start on calculating how much gets burned by the shipping industry.
First of all the numbers are very old, over 20 years, and although I know America may have stood still since then the rest of the world has not, so therefore the numbers do not reflect freight rates today.
It costs very little to ship by water. Try looking up container freight rates and comparing them to local truck freight rates, a moving company for example. Also, frieght rates are variable, try booking a single boxcar from Iowa to Lousianna versus booking 3 or 4 complete trains, and you will see the rates fall dramatically. Economies of size. Like Wal-Mart.
The best place to look for freight rates, dry & wet, is Reuters or Bloomberg via the freight exchanges. Really relying on academics is of little use. They are as usual, usually cluseless about real everyday commercial practice amoung commercial firms that charter truck, train, barge and water freight everyday.
Water is 800 times heavier than air. It takes a lot of fuel to ship via water. But the efficiencies are still there if you can carry 800+ containers on one ship or even more. Bulk transport for grain is even more efficient (no containers).
The organized state is a wonderful invention whereby everyone can live at someone else's expense.