مجلة بحوث الإدارة والاقتصاد
Volume 6, Numéro 2, Pages 941-954
2024-06-20
Ship’s Disbursement Accounts In Algeria: Facilitating Their Management For Better Freight Cost Control
Authors : Tighilt Fodil . Bouchellal Youcef . Daddi Addoun Nacer .
Abstract
The ship's disbursement account is an essential tool in the maritime transport industry for managing the costs associated with a ship's port call. It serves as the financial and accounting translation of the commercial operations carried out during the ship's port call. The operations of the ship’s disbursement account, which are an integral part of global maritime transport activities, amount to several billion US dollars annually. However, Algerian authorities often face challenges in transferring the currency related to the ship disbursement account (freight payments), which has a negative impact on the country's economy. In this article, we aim to explain how the conditions for currency transfer in Algeria can be improved, with the goal of facilitating the management of ship’s disbursement account and reducing freight costs for ship owners/operators and shipping agents. After conducting a qualitative analysis of the foundational aspects of the subject, we proceed to analyze the challenges faced in practice, and ultimately propose potential solutions to address the issue.
Keywords
Ship’s disbursement account ; Ship charter ; International trade ; Algerian maritime transport ; Shipping agent ; Shipping management
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