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Vol 25 No 2 Feb/March 2020

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Economics of Maritime Business

ISBN13: 9781138999657
To be Published: July 2020
Publisher: Routledge
Country of Publication: UK
Format: Paperback
Price: £49.99

This book provides a comprehensive introduction to the economics of the business of maritime transport. It provides an economic explanation of four aspects of maritime transport, namely, the demand, the supply, the market and the strategy.

The book first explains why seaborne trade happens and what its development trends are; it then analyses the main features of shipping supply and how various shipping markets function; the book finally addresses the critical strategic issues of the shipping business. The full range of different types of shipping are covered throughout the chapters and cases. The book combines the basic principles of maritime transport with the modern shipping business and the latest technological developments, particularly in the area of digital disruption. The ideas and explanations are supported and evidenced by practical examples and more than 160 tables and figures. The questions posed by the book are similar to those that would be asked by the students in their learning process or the professionals in the business environment, with the answers concentrating on the reasons for what has happened and will happen in the future rather than merely fact-telling or any specific forecast.

The book is most suited for students of shipping-related disciplines, and is also a valuable reference for maritime professionals.

Shipping, Transport and Maritime Law
Part I: The Demand
1. International Trade Explained
2. Seaborne Trade in Natural Resources and Primary Materials
3. Seaborne Trade in Manufactured Products
4. The Future of Seaborne Trade and Its Economic Importance
Part II: The Supply
5. Productivity and Structure Changes in Maritime Transport
6. Optimisation of Ship’s Carrying Capacity
7. The Main Forms of Shipping Operation
8. Ship Finance and the Economics of Risk
Part III: The Market
9. Maritime Operational, Regulatory and Technological Systems
10. The Economics of Port Services
11. The Economics of Supporting Services for Maritime Transport
12. The Economics of Maritime Transport Freight Market
Part IV: The Strategy
13. The Economics of Maritime Transport Competition
14. Shipping and Logistics
15. The Economic of Maritime Safety and Environmental Regulations
16. Digital Disruption and the Future of Maritime Transport