Maritime Economics

Shipping provides a sophisticated transport service to every part of the globe and has served the world economy for 5000 years; however, as it relates to classical economics, it retains much of the competitive cut of the "perfect" market. It serves as a unique case study of classical economics in a modern setting, due to its blend of sophisticated logistics and larger than life entrepreneurs. This book uses historical and theoretical analysis in order to provide a practical explanation of how shipping works today. This third edition has widened its scope to include the following: lessons from 5000 years of commercial shipping history; shipping cycles back to 1741, with a year by year commentary; updated chapters on markets; shipping costs; accounts; ship finance and a new chapter on the return on capital; new chapters on the geography of sea trade; trade theory and specialised cargoes; updated chapters on the merchant fleet shipbuilding, recycling and the regulatory regime; as well as forecasting and its challenges and pitfalls.


  • English

Media Info

  • Media Type: Web
  • Features: References;
  • Pagination: 816p

Subject/Index Terms

Filing Info

  • Accession Number: 01538795
  • Record Type: Publication
  • ISBN: 9780415275576
  • Files: TRIS
  • Created Date: Mar 21 2014 3:00PM