Maritime EconomicsNow in its second edition Maritime Economics provides a valuable introduction to the organisation and workings of the global shipping industry. The author outlines the economic theory as well as many of the operational practicalities involved. Extensively revised for the new edition, the book has many clear illustrations and tables. Topics covered include: * an overview of international trade * Maritime Law * economic organisation and principles * financing ships and shipping companies * market research and forecasting. |
Contents
1 The economic organization of the shipping market | 1 |
2 The shipping market cycle | 37 |
3 The four shipping markets | 77 |
4 Supply demand and freight rates | 113 |
5 Costs revenue and financial performance | 151 |
6 Financing ships and shipping companies | 193 |
7 The economic principles of maritime trade | 225 |
8 The global pattern of maritime trade | 253 |
11 The economics of ships and ship designs | 381 |
12 The regulatory framework of maritime economics | 421 |
13 The economics of shipbuilding and scrapping | 455 |
14 Maritime forecasting and market research | 489 |
Appendix 1 An introduction to ship market modelling | 515 |
Appendix 2 Tonnage measurement and conversion factors | 523 |
Notes | 527 |
References and recommended reading | 541 |
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Common terms and phrases
annum average backhaul bank bauxite bulk cargo bulk carrier bulk shipping bulk trades Canal capacity Capesize capital cargo handling carry cash cashflow cent charter charter-party classification societies coal combined carriers container ships containerized convention countries crude oil deadweight demand developed dry bulk dry cargo East economic Europe example exports Figure finance flag forecast freight market freight rates grain growth hatch important increased investment investors iron Japan liner companies liner services loading loan m.dwt major maritime Martin Stopford merchant ships metres million newbuilding OECD operating costs owners Panamax parcel parcel tankers peak port recession reefer containers Register ro-ro scrap sea trade seaborne trade ship design ship types shipbuilding shipowners shippers shipping companies shipping industry shipping market shipyards Source South Korea speed statistics steel storage Suez Canal supply Table tanker tanks tonnage tons trend United vessels VLCC