Economics of Maritime Business

This book provides a comprehensive introduction to the economics of maritime transport, covering demand, supply, market, and strategy. It combines basic principles with modern shipping business and technological developments and is suited for students and professionals.

Format: Paperback / softback
Length: 450 pages
Publication date: 17 July 2020
Publisher: Taylor & Francis Ltd

This comprehensive guide delves into the intricate economics of the maritime transport business, offering a thorough exploration of its various aspects. It begins by shedding light on the underlying reasons behind seaborne trade and tracing its evolving trends, providing a foundational understanding of the industry.

Next, the book delves into the intricate workings of shipping supply, examining the key characteristics and functioning of different shipping markets. It sheds light on the factors that shape supply and demand dynamics, as well as the strategies employed by shipping companies to navigate these markets effectively.

Furthermore, the book addresses the critical strategic challenges faced by the shipping business, emphasizing the need for innovative approaches and sustainable practices. It explores the various types of shipping operations and the role they play in the global economy, highlighting the importance of efficiency, cost-effectiveness, and environmental sustainability.

Throughout the chapters, the book combines theoretical principles with real-world examples and case studies, providing readers with a practical and applied perspective on the economics of maritime transport. Over 160 tables and figures are included to support and illustrate the concepts discussed, making the information accessible and easy to understand.

The questions posed by the book are designed to engage students and professionals alike, encouraging critical thinking and a deeper understanding of the industry. The answers focus on explaining the underlying reasons behind historical events and current trends, rather than merely presenting facts or making specific predictions.

This book is particularly suited for students pursuing courses related to shipping, logistics, and transportation. It serves as a valuable reference for maritime professionals seeking to enhance their knowledge and expertise in the field. By combining a theoretical foundation with practical insights, this book equips readers with the tools they need to excel in the dynamic and ever-changing world of maritime transport.

Weight: 922g
Dimension: 175 x 245 x 36 (mm)
ISBN-13: 9781138999657