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The Handbook of Maritime Economics and Business 3rd ed

Edited by: Costas Th. Grammenos

ISBN13: 9780367204716
Previous Edition ISBN: 9781843118800
To be Published: December 2025
Publisher: Informa Law from Routledge
Country of Publication: UK
Format: Hardcover
Price: £320.00
Paperback edition , ISBN13 9781032917306



In its third edition, this book is the founding title of the Grammenos Library, also referred to as “The Maritime Bible” in more than 30 countries. The diversity of the subjects covered in this book remains unique and is the result of research developed over many years. The chapters are not only comprehensive in their coverage, but also have important implications on real life issues in maritime business.

The new edition covers a vast number of topics, including:

  • Shipping Economics and Maritime Nexus
  • International Seaborne Trade
  • Economics of Shipping Markets and Shipping Cycles
  • Economics of Shipping Sectors
  • Topics in Liner Shipping
  • Decarbonisation and Green Shipping
  • National and International Shipping Policies
  • Aspects of Shipping Management and Operations
  • Shipping Investment and Finance
  • Port Economics and Management and Maritime Clusters
  • Aspects of International Logistics

This book will be of use to university students, researchers, and academics. It will also satisfy the curiosity and widen the knowledge horizon of practitioners and policy makers in the areas of shipping investment and finance, shipbroking, shipping operations, shipping sustainability, maritime law, and marine insurance, as well as port management, energy and commodity trading, and the wider supply chain.

Subjects:
Shipping, Transport and Maritime Law
Contents:
Part One: Shipping Economics and Maritime Nexus
Chapter 1 Maritime business: continuity and change
G. Harlaftis & I. Theotokas
Chapter 2 Globalisation – The Maritime Nexus
J. Hoffmann & S. Kumar

Part Two: International Seaborne Trade
Chapter 3 International Trade in Manufactured Goods
M. Brooks
Chapter 4 Energy Economics and Trade
M. Tamvakis

Part Three: Economics of Shipping Markets and Shipping Cycles
Chapter 5 Shipping Market Cycles
M. Stopford
Chapter 6 Shipping Freight Economics: A Theoretical and Practical Application
W. Abouarghoub
Chapter 7 The post WWII dry cargo tramp shipping cycles
A. Vergottis
Chapter 8 Economics of the markets for ships
S. Strandenes

Part Four: Economics of Shipping Sectors
Chapter 9 An Overview of the Dry Bulk Shipping Industry
A. Alizadeh & N. Nomikos
Chapter 10 The Liquefied Natural Gas and Liquefied Petroleum Gas Shipping Markets
X. Bai & J. Lam
Chapter 11 Economics of Short-Sea Shipping
E. Musso, A. Casaca & A. Lynce

Part Five: Topics in Liner Shipping
Chapter 12 Competition Through Cooperation in Liner Shipping
W. Sjostrom
Chapter 13 The Strategies of Container Shipping Companies in the Evolution of Global Logistics
T. Heaver
Chapter 14 Estimating the Productivity and Efficiency of Container Ports and Terminals: Concepts, Methods and Applications
K. Cullinane

Part Six: Decarbonisation and Green Shipping
Chapter 15 Shipping decarbonisation: overcoming the obstacles
H. Psaraftis
Chapter 16 Environmental Strategy and Performance in Shipping
P. Panayides, A. Alexandrou & S. Alexandrou
Chapter 17 The insurance implications of IMO greenhouse gas initiatives
A. Mackenzie, C. Bryce & I.C. Moutzouris

Part Seven: National and International Shipping Policies
Chapter 18 Maritime policy and globalisation
jurisdictions, governance, juxtaposition
M. Roe
Chapter 19 The shipbuilding and ship recycling industry from an economic perspective and an international/global point of view
D. Lyridis & C. Ntakolia

Part Eight: Aspects of Shipping Management and Operations
Chapter 20 Location of Shipping Companies: a preliminary analysis of the role of ship registration and ownership
K. Mitroussi
Chapter 21 Α Strategic Human Resources Management Generic Framework for the Shipping Industry
I. Theotokas & I. Lagoudis
Chapter 22 Maritime business administration: classifications, functions and maritime transportation
G. Sakar, D. Deveci & A. Cerit
Chapter 23 Executive Compensation in Shipping
S. Gong, M. Ryan & L. Shi
Chapter 24 Vessel Accidents
W. Talley

Part Nine: Shipping Investment and Finance
Chapter 25 Shipping investment in the watershed years: “come fuel and high uncertainty”
H. Thanopoulou
Chapter 26 Credit Risk, Analysis and Policy in Bank Shipping Finance
C. Grammenos
Chapter 27 Shipping finance and international capital markets: post-crisis lessons and forward challenges
T. Syriopoulos
Chapter 28 Business risk measurement and management in the cargo carrying sectors of the shipping industry – a historical perspective and recent developments
M. Kavussanos & S. Moysiadou
Chapter 29 Managing Freight Rate Risk using Freight Derivatives: An Overview of the Empirical Evidence
N. Nomikos & A. Alizadeh
Chapter 30 Valuing maritime investments with real options: the right course to chart
H. Bendall
Chapter 31 Behavioural Finance and Shipping Investment
I. Moutzouris, N. Papapostolou & P. Pouliasis

Part Ten: Port Economics and Management and Maritime Clusters
Chapter 32 Port management, operation and competition, a focus on North Europe
H. Meersman, E. Van de Voorde & T. Vanelslander
Chapter 33 Maritime clusters
L. Meifeng & L. Mengchi

Part Eleven: Aspects of International Logistics
Chapter 34 Sources of competitiveness for the EU global logistics power: Evidence from comparative panel analysis of air- and sea- mode choice
K. Miyashita
Chapter 35 Digitalisation in logistics and maritime transport
U. Tapaninen & D. Heering